Griffon Corporation Declares Quarterly Dividend of $0.22 (NYSE:GFF)

Griffon Corporation (NYSE:GFF) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Monday, August 31st will be paid a dividend of 0.22 per share by the conglomerate on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, August 31st.

Griffon has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Griffon has a dividend payout ratio of 13.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Griffon to earn $5.68 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 15.5%.

Griffon Stock Performance

NYSE GFF opened at $102.68 on Thursday. The company has a 50-day simple moving average of $91.19 and a two-hundred day simple moving average of $85.78. Griffon has a 12-month low of $65.01 and a 12-month high of $104.69. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 789.88 and a beta of 1.44. The company has a quick ratio of 2.43, a current ratio of 2.86 and a debt-to-equity ratio of 14.77.

Griffon (NYSE:GFF) last released its quarterly earnings data on Wednesday, August 5th. The conglomerate reported $1.51 EPS for the quarter, topping the consensus estimate of $1.34 by $0.17. Griffon had a return on equity of 298.42% and a net margin of 0.31%.The firm had revenue of $481.37 million for the quarter, compared to the consensus estimate of $457.70 million. The company’s quarterly revenue was down 21.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.50 earnings per share. On average, equities analysts forecast that Griffon will post 5.17 EPS for the current year.

More Griffon News

Here are the key news stories impacting Griffon this week:

• Positive Sentiment: Quarterly earnings and revenue beat estimates. Griffon reported adjusted earnings of $1.51 per share, above the $1.34 consensus estimate, while revenue reached $481.4 million versus expectations of approximately $457.7 million. Revenue increased 7% year over year, driven by favorable pricing and product mix as well as modest volume growth. Griffon Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Profitability and cash-flow measures remained solid. Income from continuing operations was $66.3 million, or $1.47 per diluted share, and adjusted EBITDA rose 2% to $124.8 million. The company also reduced debt by approximately $137 million during the quarter, bringing net debt-to-EBITDA leverage to 2.2 times, and repurchased 626,000 shares for $53.2 million. Griffon Corporation Announces Third Quarter Results
• Positive Sentiment: Full-year outlook was maintained at substantial levels. Griffon expects fiscal 2026 revenue from continuing operations of approximately $1.8 billion and adjusted EBITDA of $458 million, broadly consistent with analyst revenue expectations. The company’s recent AMES Australasia transaction also supports its ongoing effort to reshape its capital structure. Griffon Reshapes Capital Structure After AMES Australasia Sale
• Neutral Sentiment: Griffon declared a quarterly dividend of $0.22 per share. Shareholders of record on August 31 will be paid on September 16. The annualized dividend is $0.88 per share, representing a yield of about 0.9%, providing a modest shareholder-return component.
• Negative Sentiment: Insider selling may temper investor enthusiasm. Reported insider activity over the past six months included 25 sales versus one purchase, including substantial sales by senior executives. While these transactions may reflect personal portfolio decisions, the imbalance is a potential sentiment headwind following the earnings-driven rally.

About Griffon

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.