Graham Holdings Co (NYSE:GHC) Announces Quarterly Dividend of $1.39

Graham Holdings Co (NYSE:GHC) announced a quarterly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Thursday, July 18th will be given a dividend of 1.39 per share on Thursday, August 8th. This represents a $5.56 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Wednesday, July 17th.

Graham has decreased its dividend payment by an average of 16.4% annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Shares of NYSE:GHC opened at $736.86 on Tuesday. The stock has a market capitalization of $3.93 billion, a P/E ratio of 15.86 and a beta of 0.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.65 and a current ratio of 1.78. Graham has a 52 week low of $537.40 and a 52 week high of $752.74. The firm has a fifty day simple moving average of $703.54.

Graham (NYSE:GHC) last issued its earnings results on Wednesday, May 1st. The company reported $7.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $7.13 by $0.05. Graham had a return on equity of 8.49% and a net margin of 11.36%. The firm had revenue of $692.20 million for the quarter.

Separately, ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials, as well as data science education, and training and healthcare simulation services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to Purdue University Global.

Featured Article: Earnings Per Share

Dividend History for Graham (NYSE:GHC)

Receive News & Ratings for Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graham and related companies with MarketBeat.com's FREE daily email newsletter.