Graham Holdings Company (NYSE:GHC) to Issue Quarterly Dividend of $1.88

Key Points

• Graham Holdings declared a quarterly dividend of $1.88 per share, payable August 6 to shareholders of record on July 16, with an indicated yield of about 0.7%.
• The dividend appears well covered with a payout ratio of 11.6%, and the company has increased its dividend for 10 consecutive years.
• Graham beat quarterly EPS estimates ($16.79 vs. $13.11 consensus) while missing revenue slightly; the stock trades at a PE of about 16.99 with a market cap near $5.0B and a mixed analyst backdrop (consensus "Buy" but at least one downgrade to "Hold").

Graham Holdings Company (NYSE:GHC - Get Free Report) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Thursday, July 16th will be paid a dividend of 1.88 per share on Thursday, August 6th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, July 16th.

Graham has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 10 years. Graham has a dividend payout ratio of 11.6% indicating that its dividend is sufficiently covered by earnings.

Graham Price Performance

GHC opened at $1,149.55 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.54 and a current ratio of 1.79. The stock has a market capitalization of $5.01 billion, a PE ratio of 16.99 and a beta of 0.74. The stock's 50 day moving average price is $1,086.29 and its 200-day moving average price is $1,092.57. Graham has a 52-week low of $882.21 and a 52-week high of $1,224.76.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $16.79 earnings per share for the quarter, beating the consensus estimate of $13.11 by $3.68. The business had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.26 billion. Graham had a net margin of 5.97% and a return on equity of 5.40%.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Graham from a "buy" rating to a "hold" rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy".

Graham Company Profile

Graham Corporation is a U.S.-based industrial equipment manufacturer specializing in the design and production of vacuum and heat transfer systems. The company's core offerings include vacuum pumps, exhausters, and energy recovery turbines, as well as steam surface condensers and specialized heat exchangers. These products are engineered to support critical processes in industries that require controlled environments and efficient thermal management.

In addition to its standard product lines, Graham Corporation provides aftermarket services such as equipment installation, field maintenance, performance testing, and spare parts supply.

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