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MINNEAPOLIS - Graco Inc. (NYSE:GGG), a prominent player in the fluid and coatings management industry, has announced a regular quarterly dividend of 27.5 cents per share. The dividend is scheduled to be paid on August 6, 2025, to shareholders who are on record as of July 21, 2025. Currently, Graco has approximately 165.6 million shares outstanding. The company has maintained dividend payments for 55 consecutive years, with a current yield of 1.31% and dividend growth of 7.84% over the last twelve months. According to InvestingPro, this reflects just one of 12+ available ProTips about Graco’s financial strength.
The dividend declaration reflects Graco’s ongoing commitment to returning value to its shareholders and is a testament to the company’s financial health, with impressive gross profit margins of 52.76% and a strong current ratio of 3.61x. Graco Inc., headquartered in Minneapolis, specializes in providing innovative technology and expertise for the management of fluids and coatings in industrial and commercial settings. The company’s product portfolio includes systems and equipment designed to move, measure, control, dispense, and spray a variety of fluid and powder materials. InvestingPro analysis indicates the company is trading above its Fair Value, with comprehensive insights available in the Pro Research Report.
Serving a global market, Graco’s solutions cater to a diverse range of industries, including manufacturing, processing, construction, and maintenance. The company’s dedication to serving its customers has solidified its position as a leader in its field, generating annual revenue of $2.15 billion and maintaining healthy returns on equity of 20%.
This dividend announcement is part of Graco’s financial strategy and is based on a press release statement from the company. It remains a key indicator of the company’s stable performance and its ability to maintain a consistent dividend payout.
Investors and shareholders of Graco Inc. can anticipate the upcoming dividend payment as scheduled, which contributes to the overall attractiveness of Graco’s stock in the investment community.
For more information regarding Graco Inc. and its offerings, interested parties can visit the company’s website. The dividend declaration is expected to be well-received by the investment community as it upholds Graco’s tradition of sharing profits with its investors.
In other recent news, Graco Inc. reported its first-quarter 2024 earnings, exceeding analysts’ expectations with an earnings per share of $0.72, surpassing the forecasted $0.67. The company also reported revenue of $528 million, slightly above the anticipated $526.95 million, marking a 7% year-over-year increase. Despite these positive earnings results, Graco’s stock experienced a slight dip in after-hours trading. Additionally, Graco announced plans to consolidate its Minnesota operations, moving its Riverside Minneapolis operations to its expanding campuses in the northwest metro area, with a new corporate headquarters planned for either Rogers or Dayton. This move is expected to enhance collaboration and operational efficiency. In corporate governance developments, Graco’s shareholders approved executive pay and elected three directors during the company’s Annual Meeting of Shareholders. The appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2025 was also ratified. These developments reflect Graco’s ongoing strategic initiatives and operational adjustments to support its global expansion.
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