Griffon Corporation (NYSE:GFF – Get Free Report) announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Friday, May 29th will be given a dividend of 0.22 per share by the conglomerate on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, May 29th.
Griffon has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 1 years. Griffon has a dividend payout ratio of 13.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Griffon to earn $5.58 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 15.8%.
Griffon Price Performance
Shares of GFF traded down $0.80 during midday trading on Friday, reaching $89.89. The stock had a trading volume of 165,641 shares, compared to its average volume of 343,792. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 97.62, a price-to-earnings-growth ratio of 1.55 and a beta of 1.46. The company has a current ratio of 2.55, a quick ratio of 1.27 and a debt-to-equity ratio of 12.36. Griffon has a 12-month low of $65.01 and a 12-month high of $97.58. The company’s 50-day moving average is $79.88 and its 200 day moving average is $79.09.
Griffon News Roundup
Here are the key news stories impacting Griffon this week:
- Positive Sentiment: Q2 beat on EPS and revenue: Griffon reported $1.05 EPS vs. $0.99 consensus and revenue of $421.9M, topping estimates — a near-term operational beat that supports earnings durability. Q2 Earnings Beat
- Positive Sentiment: AMES JV closing and adjusted?EBITDA target: Management reiterated a plan to close the AMES joint venture by end of June and provided a fiscal?2026 adjusted EBITDA target (~$458M), which could improve margins and cash profile post?close. AMES JV & Adjusted EBITDA
- Positive Sentiment: Dividend maintained: Board declared a $0.22 quarterly dividend (record May 29), supporting yield/income investors and signaling confidence in cash generation.
- Neutral Sentiment: Management tone: The earnings call framed results as a balance of pressures and confidence — a cautious but constructive message about strategic refocus and innovation amid headwinds. Earnings Call Transcript
- Negative Sentiment: Lowered FY?2026 revenue guide: Griffon updated fiscal?2026 revenue guidance to ~$1.8B, below street consensus (~$2.0B), which suggests reduced top?line growth and was the primary catalyst for investor concern. Revenue Guidance Cut
- Negative Sentiment: Volume weakness and margin pressure: Q2 volumes were down (management cited ~6% residential volume decline); while price/mix helped, the slowdown in volumes is a visible headwind to near?term revenue. Q2 Results & Volume Trends
- Negative Sentiment: Valuation sensitivity: GFF’s elevated P/E makes the share price more sensitive to guidance cuts and profit?growth concerns, amplifying the market reaction to the mixed quarter.
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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