Graham (GHM) Raises Quarterly Dividend 12.5% to $0.09; 2.1% Yield

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Graham Corporation Increases Quarterly Cash Dividend

January 28, 2016 4:15 PM EST

BATAVIA, N.Y., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, announced that its Board of Directors, at its regular meeting, declared a quarterly cash dividend of $0.09 per common share, reflecting a $0.01 increase.  The annual dividend rate has accordingly been increased to $0.36 per share, from $0.32.

The dividend will be payable on February 25, 2016 to stockholders of record at the close... More