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Graham Corporation Declares $0.11 per Share Quarterly Cash Dividend

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Graham Corporation (NYSE: GHM) has declared a quarterly cash dividend of $0.11 per common share, to be payable on November 24, 2020, for stockholders of record as of November 10, 2020. The company's operations focus on designing, manufacturing, and selling essential equipment for the oil refining, petrochemical, and defense sectors. With a global presence, Graham’s expertise in vacuum and heat transfer technology supports diverse applications from energy to food processing.

Positive
  • Quarterly cash dividend of $0.11 per common share declared.
  • Dividend payment date of November 24, 2020, shows company commitment to returning value to shareholders.
Negative
  • None.

BATAVIA, N.Y.--()--Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share.

The dividend will be payable on November 24, 2020 to stockholders of record at the close of business on November 10, 2020.

ABOUT GRAHAM CORPORATION

Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. Energy markets include oil refining, cogeneration, and alternative power. For the defense industry, the Company’s equipment is used in nuclear propulsion power systems for the U.S. Navy. Graham’s global brand is built upon world-renowned engineering expertise in vacuum and heat transfer technology, responsive and flexible service and unsurpassed quality. Graham designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. Graham’s equipment can also be found in other diverse applications such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. Graham’s reach spans the globe and its equipment is installed in facilities from North and South America to Europe, Asia, Africa and the Middle East.

Graham routinely posts news and other important information on its website, www.graham-mfg.com, where additional comprehensive information on Graham Corporation and its subsidiaries can be found.

Contacts

Jeffrey F. Glajch
Vice President - Finance and CFO
Phone: (585) 343-2216
Email: jglajch@graham-mfg.com

Deborah K. Pawlowski / Christopher M Gordon
Kei Advisors LLC
Phone: (716) 843-3908 / (716) 843-3874
Email: dpawlowski@keiadvisors.com
cgordon@keiadvisors.com

FAQ

What is the dividend amount declared by Graham Corporation?

Graham Corporation declared a quarterly cash dividend of $0.11 per common share.

When is the dividend payable for Graham Corporation?

The dividend will be payable on November 24, 2020.

What is the record date for the dividend payment by Graham Corporation?

The record date for the dividend payment is November 10, 2020.

How often does Graham Corporation pay dividends?

Graham Corporation typically pays dividends quarterly.

Is the dividend for Graham Corporation sustainable?

While the PR does not specify sustainability measures, consistent dividend payments may indicate financial health.

Graham Corporation

NYSE:GHM

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472.08M
10.27M
5.72%
77.89%
1.76%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
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United States of America
BATAVIA