Graham Holdings Co (NYSE:GHC) Plans Dividend Increase – $1.45 Per Share

Graham Holdings Co (NYSE:GHC) declared a quarterly dividend on Friday, January 24th, Wall Street Journal reports. Stockholders of record on Thursday, February 6th will be paid a dividend of 1.45 per share on Thursday, February 20th. This represents a $5.80 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Wednesday, February 5th. This is a boost from Graham’s previous quarterly dividend of $1.39.

Shares of GHC opened at $596.80 on Friday. The stock has a 50-day simple moving average of $633.06 and a 200-day simple moving average of $667.39. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.44 and a current ratio of 1.55. The stock has a market capitalization of $3.23 billion, a PE ratio of 13.39 and a beta of 0.38. Graham has a 1 year low of $593.00 and a 1 year high of $756.26.

Graham (NYSE:GHC) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.60 by $1.34. The business had revenue of $738.82 million during the quarter. Graham had a return on equity of 6.88% and a net margin of 8.35%.

Several equities research analysts have recently weighed in on the company. ValuEngine raised Graham from a “sell” rating to a “hold” rating in a research report on Wednesday, November 6th. TheStreet lowered Graham from a “b” rating to a “c+” rating in a research report on Friday, November 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.

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Dividend History for Graham (NYSE:GHC)

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