Griffon Corp (GFF) Declares $1.00 Special Dividend; 5.3% Yield

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Go back to Griffon Corp (GFF) Declares $1.00 Special Dividend; 5.3% Yield

Griffon Corporation Declares Special Dividend

March 8, 2018 8:30 AM EST

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Griffon Corporation (NYSE: GFF) (the Company or Griffon) declared a special cash dividend of $1.00 per share. The dividend is payable on April 16, 2018 to shareholders of record as of the close of business on March 29, 2018. This special dividend, along with the two $0.07 quarterly dividends announced earlier this fiscal year, will bring total fiscal 2018 dividends through March 8, 2018 to approximately $54 million.

With the sale of Clopay Plastics, the continued growth of our businesses and our strong balance sheet, we are pleased to return capital to shareholders through this special... More