Graham Corporation(NYSE:GHM) Declares Dividend of $0.0900.

Graham Corporation (NYSE:GHM) had declared a cash dividend of $0.0900 on Jul 28, 2016. The shares will quote ex-dividend on Aug 9, 2016 and the record date has been fixed for Aug 11, 2016. On Jul 28, 2016 share price, the yield comes out to be 1.9190%. The dividend payable date has been fixed on Aug 25, 2016.

Graham Corporation (GHM) shares turned negative on Thursdays trading session with the shares closing down -0.23 points or -1.28% at a volume of 6,732. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $18. The peak price level was also seen at $18 while the days lowest was $17.75. Finally the shares closed at $17.75. The 52-week high of the shares is $21.0899 while the 52-week low is $14.39. According to the latest information available, the market cap of the company is $171 M.

Graham Corporation(GHM) last announced its earnings results on May 25, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $22.30M. Analysts had an estimated revenue of $23.54M. Earnings per share were $0.05. Analysts had estimated an EPS of $0.12.

Several Insider Transactions has been reported to the SEC. On Sep 10, 2015, James J Barber (director) purchased 3,000 shares at $17.00 per share price.Also, On Aug 26, 2015, Gerard T Mazurkiewicz (director) sold 300 shares at $17.16 per share price.On Jun 5, 2015, Jeffrey Glajch (VP-Finance; CFO) sold 5,754 shares at $21.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Graham Corporation designs manufactures and sells critical equipment for the energy defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors vacuum pumping systems surface condensers and vacuum systems. It is also a nuclear code accredited fabrication and specialty machining company. It supplies components used inside reactor vessels and outside containment vessels of nuclear power facilities. Its equipment is found in other applications such as metal refining pulp and paper processing water heating refrigeration desalination food processing pharmaceutical heating ventilating and air conditioning. For the defense industry its equipment is used in nuclear propulsion power systems for the United States Navy. Its subsidiary Graham Vacuum and Heat Transfer Technology (Suzhou) Co. Ltd. provides sales and engineering support for it in the People’s Republic of China and management oversight throughout Southeast Asia.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *