Greenhill & Co., Inc. to Issue Quarterly Dividend of $0.05 (NYSE:GHL)

Greenhill & Co., Inc. (NYSE:GHL) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Investors of record on Wednesday, December 4th will be paid a dividend of 0.05 per share by the financial services provider on Wednesday, December 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Tuesday, December 3rd.

Shares of NYSE:GHL opened at $17.01 on Monday. The stock has a 50 day moving average of $16.53 and a 200 day moving average of $15.05. The company has a current ratio of 4.39, a quick ratio of 4.39 and a debt-to-equity ratio of 13.69. Greenhill & Co., Inc. has a 12-month low of $12.25 and a 12-month high of $31.08.

Greenhill & Co., Inc. (NYSE:GHL) last announced its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.11. The company had revenue of $87.04 million during the quarter, compared to the consensus estimate of $89.22 million. Greenhill & Co., Inc. had a negative return on equity of 0.91% and a negative net margin of 0.72%. The firm’s revenue was up .3% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 EPS.

GHL has been the subject of a number of recent research reports. ValuEngine upgraded Greenhill & Co., Inc. from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Buckingham Research cut their price objective on Greenhill & Co., Inc. from $18.00 to $15.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $20.80.

Greenhill & Co., Inc. Company Profile

Greenhill & Co, Inc, an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory services to clients in relation to mergers, acquisitions, divestitures, spin-offs, and other strategic transactions, as well as various stages of a transaction's life cycle ranging from initial structuring and negotiation to final execution.

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Dividend History for Greenhill & Co., Inc. (NYSE:GHL)

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