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Graham Corporation Declares $0.11 per Share Quarterly Cash Dividend

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Graham Corporation (NYSE: GHM) declared a quarterly cash dividend of $0.11 per share, payable on February 24, 2021, to shareholders of record by February 10, 2021. The company specializes in designing and manufacturing critical equipment for various sectors, including oil refining and defense. Graham's equipment is essential for energy, chemical, and petrochemical industries, showcasing their engineering expertise across global markets.

Positive
  • Quarterly cash dividend of $0.11 per share demonstrates company confidence.
  • Strength in diverse applications, including energy and defense industries.
Negative
  • None.

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 February 24, 2021 to stockholders of record at the close of business on February 10, 2021.

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.

FAQ

What is the dividend amount declared by Graham Corporation?

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

When will the dividend be paid?

The dividend will be paid on February 24, 2021.

What is the record date for the dividend?

The record date for the dividend is February 10, 2021.

How does Graham Corporation contribute to the defense industry?

Graham Corporation's equipment is used in nuclear propulsion power systems for the U.S. Navy.

Graham Corporation

NYSE:GHM

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489.83M
10.27M
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77.84%
1.01%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
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United States of America
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