Graham (GHM) Doubles Dividend, Approves $18M Buyback

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Graham (GHM) Tops Q3 EPS by 7c

January 30, 2015 6:57 AM EST

Graham (NYSE: GHM) reported Q3 EPS of $0.39, $0.07 better than the analyst estimate of $0.32. Revenue for the quarter came in at $33.6 million versus the consensus estimate of $31.9 million.

James R. Lines, Graham's President and Chief Executive Officer, commented, "Execution in fiscal 2015 continues to be strong, as we convert the robust order volume won during fiscal 2014 and earlier in this fiscal year. Our expanded facilities in Batavia are now being utilized, allowing us to generate solid throughput and gross profit expansion, and, by leveraging our SG&A, drive bottom line results."

Orders during the third quarter... More

Graham (GHM) Raises Quarterly Dividend 100% to $0.08; 1.4% Yield

January 29, 2015 5:14 PM EST

Graham (NYSE: GHM) declared a quarterly dividend of $0.08 per share, or $0.32 annualized. This is a 100% increase from the prior dividend of $0.04.

The dividend will be payable on March 4, 2015, to stockholders of record on February 18, 2015, with an ex-dividend date of February 13,... More