Griffon declares quarterly dividend of $0.18 per share

NEW YORK - Griffon Corporation (NYSE:GFF), a diversified company with a market capitalization of $3.87 billion, announced Tuesday that its Board of Directors has declared a regular quarterly cash dividend of $0.18 per share, according to a company press release. The company has maintained dividend payments for 15 consecutive years, with a current yield of 0.87%.

The dividend will be payable on September 16, 2025, to shareholders of record as of the close of business on August 29, 2025. According to InvestingPro analysis, Griffon maintains strong financial health with a "GREAT" overall score, suggesting robust dividend sustainability.

Griffon operates through two main business segments: Home and Building Products, and Consumer and Professional Products. The Home and Building Products segment operates through Clopay Corporation, which manufactures garage doors and rolling steel doors. The Consumer and Professional Products segment provides branded consumer and professional tools, fans, and home storage products through brands including AMES, Hunter, True Temper, and ClosetMaid.

The company describes itself as a diversified management and holding company that oversees operations of its wholly-owned subsidiaries, allocates resources among them, and manages their capital structures.

Griffon’s announcement comes as part of its regular quarterly dividend schedule. The company did not indicate any changes to its dividend policy in the statement.

In other recent news, Griffon Corporation announced its financial results for the second quarter of 2025, exceeding earnings per share (EPS) expectations but falling short on revenue forecasts. The company reported an EPS of $1.23, surpassing the anticipated $1.11, while revenue reached $612 million, missing the $620.4 million forecast. Additionally, Raymond James adjusted its price target for Griffon to $100 from a previous $95, maintaining a Strong Buy rating. This revision reflects a positive outlook on Griffon’s Home & Building Products (HBP) segment, which has been performing well. Despite challenges in the Consumer and Professional Products (CPP) segment, the strong performance of the HBP segment significantly influenced the valuation. These developments indicate a mix of optimism and challenges for Griffon Corporation.

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