Griffon Corporation (NYSE:GFF – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Shareholders of record on Friday, February 27th will be given a dividend of 0.22 per share by the conglomerate on Wednesday, March 18th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, February 27th.
Griffon has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 1 years. Griffon has a dividend payout ratio of 13.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Griffon to earn $6.44 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 13.7%.
Griffon Stock Up 6.3%
Shares of GFF opened at $90.08 on Friday. Griffon has a 52-week low of $63.92 and a 52-week high of $90.49. The company has a quick ratio of 1.34, a current ratio of 2.66 and a debt-to-equity ratio of 18.99. The stock has a fifty day simple moving average of $78.59 and a two-hundred day simple moving average of $76.63. The company has a market capitalization of $4.20 billion, a PE ratio of 90.08, a price-to-earnings-growth ratio of 1.23 and a beta of 1.33.
Key Headlines Impacting Griffon
Here are the key news stories impacting Griffon this week:
- Positive Sentiment: Q1 results beat expectations — Griffon reported stronger-than-expected Q1 EPS and revenue, with revenue up ~3% year-over-year and an EPS beat that signals resilient underlying operations; this is a primary driver of the positive reaction. Business Wire: Q1 Results
- Positive Sentiment: Management announced strategic portfolio simplification to create a pure‑play North American building‑products company — the plan to streamline assets and sharpen focus can unlock valuation multiple expansion if executed. Business Wire: Strategic Actions
- Positive Sentiment: Joint venture with ONCAP to combine hand‑tool and garden brands — creates scale in complementary consumer/professional product lines and may improve margins or free cash flow over time. Business Wire: ONCAP JV
- Positive Sentiment: Board approved a cash dividend (record Feb 27, payable Mar 18) — supports return of capital thesis and is a modest positive for income‑oriented investors.
- Neutral Sentiment: Analyst/coverage pieces and previews provide context on momentum and expectations but do not materially change fundamentals; useful for tracking investor sentiment. Benzinga: Earnings Preview
- Neutral Sentiment: Media coverage of relative price performance and earnings snapshots note improving trend vs. benchmarks — informative for technical/flow traders. MSN: Price Performance
- Neutral Sentiment: Full earnings call transcript and analyses are available for details on segment performance and capital allocation (useful for longer‑term due diligence). Seeking Alpha: Call Transcript
- Negative Sentiment: Near‑term guidance appears weaker than Street expectations — the company’s FY‑2026 revenue guidance is well below consensus, raising short‑term growth concerns and pressure on the valuation multiple despite the beat. (Guidance disclosed in company update.)
Griffon Company Profile
Griffon Corporation (NYSE:GFF) is a diversified management and holding company whose subsidiaries design, manufacture and market products for residential, commercial and defense applications. Operating through three primary platforms—Home & Building Products, Defense Electronics and Specialty Industrial—Griffon’s portfolio spans consumer and industrial brands with a focus on long-lived products and recurring aftermarket opportunities.
In the Home & Building Products segment, Griffon’s Clopay Building Products division is a leading North American manufacturer of residential and commercial garage doors, specializing in steel, fiberglass and composite designs as well as decorative carriage-house styles.
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