|Bid||19.88 x 800|
|Ask||19.89 x 800|
|Day's Range||19.60 - 20.25|
|52 Week Range||9.15 - 27.53|
|Beta (5Y Monthly)||2.03|
|PE Ratio (TTM)||16.78|
|Earnings Date||Nov 12, 2020|
|Forward Dividend & Yield||0.30 (1.53%)|
|Ex-Dividend Date||Nov 24, 2020|
|1y Target Est||29.80|
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Griffon Corporation ("Griffon" or the "Company") (NYSE:GFF) today announced it will present at the Bank of America 2020 Leveraged Finance Conference on Tuesday, December 1, 2020. The conference will be held in a virtual format. A copy of Griffon’s investor presentation, which will be used for the conference, will be available at the time of the conference in the investor relations section of Griffon’s website (www.griffon.com).
On November 12, 2020, Griffon (NYSE: GFF) announced shareholders can expect to receive a dividend payable on December 17, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Griffon has an ex-dividend date planned for November 24, 2020. The company's current dividend payout sits at $0.08. That equates to a dividend yield of 1.32% at current price levels.The Significance Of An Ex-Dividend Date An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Griffon's Dividend Performance Over the past year, Griffon has seen its dividend payouts climb upward and its yields trend downward. Last year on November 26, 2019 the company's payout sat at $0.07, which has since increased by $0.01. Griffon's dividend yield last year was 1.38%, which has since decreased by 0.06%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.Click here to find details on Griffon's previous dividends.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 12, 2020 * Benzinga's Top Upgrades, Downgrades For November 11, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.