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NEW YORK - Griffon Corporation (NYSE:GFF) announced Tuesday that its Board of Directors has declared a regular quarterly cash dividend of $0.22 per share, according to a company press release. This continues the company’s impressive track record of maintaining dividend payments for 15 consecutive years, with dividend growth of 20% over the last twelve months.
The dividend will be payable on December 16, 2025, to shareholders of record as of the close of business on November 28, 2025. With a current dividend yield of 1.08%, Griffon offers income potential while trading near its 52-week low. InvestingPro analysis suggests the stock may be undervalued based on its Fair Value assessment.
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 and markets garage doors and rolling steel doors in North America.
The Consumer and Professional Products segment provides branded consumer and professional tools, fans, home storage products, and lifestyle enhancement products through brands including AMES, Hunter, True Temper, and ClosetMaid.
Griffon 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.
The company states it provides direction to its subsidiaries regarding acquisition and growth opportunities as well as divestitures, with a long-term investment approach focused on growing and strengthening existing businesses and further diversification through investments and acquisitions.
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