Griffon Declares Quarterly Cash Dividend Of $0.125 Per Share, Payable On September 14, 2023
Portfolio Pulse from Benzinga Newsdesk
Griffon Corporation (NYSE:GFF) has declared a quarterly cash dividend of $0.125 per share, payable on September 14, 2023. The dividend will be paid to shareholders of record as of the close of business on August 23, 2023.
August 04, 2023 | 11:09 am
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Griffon Corporation's declaration of a quarterly cash dividend may positively impact its stock as it indicates the company's profitability and commitment to returning capital to shareholders.
Dividends are a sign of a company's profitability and its commitment to returning capital to shareholders. This news could make the stock more attractive to income-focused investors, potentially driving up the stock price in the short term.
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