View Financial HealthGriffon 배당 및 자사주 매입배당 기준 점검 3/6Griffon 수익으로 충분히 충당되는 현재 수익률 1.02% 보유한 배당금 지급 회사입니다. 다음 지급일은 17th June, 2026 이며 배당락일은 다음과 같습니다. 29th May, 2026.핵심 정보1.0%배당 수익률3.2%자사주 매입 수익률총 주주 수익률4.3%미래 배당 수익률0%배당 성장률13.6%다음 배당 지급일17 Jun 26배당락일29 May 26주당 배당금n/a배당 성향80%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 20Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 29th May 2026 Payment date: 17th June 2026 Dividend yield will be 1.1%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 08Griffon Corporation announces Quarterly dividend, payable on June 17, 2026Griffon Corporation announced Quarterly dividend of USD 0.2200 per share payable on June 17, 2026, ex-date on May 29, 2026 and record date on May 29, 2026.공시 • Feb 05+ 1 more updateGriffon Corporation Declares Quarterly Cash Dividend, Payable on March 18, 2026Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on March 18, 2026 to shareholders of record as of the close of business on February 27, 2026.공시 • Nov 19+ 1 more updateGriffon Corporation Declares Quarterly Dividend, Payable on December 16, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on December 16, 2025 to shareholders of record as of the close of business on November 28, 2025.공시 • May 08Griffon Corporation Declares Quarterly Dividend, Payable on June 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on June 18, 2025 to shareholders of record as of the close of business on May 30, 2025.공시 • Feb 05Griffon Corporation Declares Quarterly Dividend, Payable on March 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on March 18, 2025 to shareholders of record as of the close of business on February 25, 2025.모든 업데이트 보기Recent updatesBoard Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Travis Cocke was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • May 20Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 29th May 2026 Payment date: 17th June 2026 Dividend yield will be 1.1%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 09Griffon Corporation Reaffirms Earnings Guidance for the Fiscal Year 2026Griffon Corporation reaffirmed earnings guidance for the fiscal year 2026. For the year, the company's outlook is unchanged, and expected revenue from continuing operations to be $1.8 billion. The company's outlook unchanged from the first quarter, and is consistent with the expected contributions from the legacy HBP segment and Hunter Fan as included within Griffon’s guidance provided in November 2025.공시 • May 08Griffon Corporation announces Quarterly dividend, payable on June 17, 2026Griffon Corporation announced Quarterly dividend of USD 0.2200 per share payable on June 17, 2026, ex-date on May 29, 2026 and record date on May 29, 2026.공시 • May 02Griffon Corporation to Report Q2, 2026 Results on May 07, 2026Griffon Corporation announced that they will report Q2, 2026 results Pre-Market on May 07, 2026공시 • Feb 05+ 1 more updateGriffon Corporation Declares Quarterly Cash Dividend, Payable on March 18, 2026Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on March 18, 2026 to shareholders of record as of the close of business on February 27, 2026.공시 • Jan 30Griffon Corporation to Report Q1, 2026 Results on Feb 05, 2026Griffon Corporation announced that they will report Q1, 2026 results Pre-Market on Feb 05, 2026공시 • Jan 12Griffon Corporation, Annual General Meeting, Feb 18, 2026Griffon Corporation, Annual General Meeting, Feb 18, 2026.공시 • Nov 19+ 1 more updateGriffon Corporation Declares Quarterly Dividend, Payable on December 16, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on December 16, 2025 to shareholders of record as of the close of business on November 28, 2025.공시 • Nov 13Griffon Corporation to Report Q4, 2025 Results on Nov 19, 2025Griffon Corporation announced that they will report Q4, 2025 results Pre-Market on Nov 19, 2025공시 • Aug 06+ 2 more updatesGriffon Corporation Updates Financial Guidance for the Full Year of 2025Griffon Corporation updates financial guidance for the full year of 2025. For the period, The company expects revenue to be $2.5 billion versus prior guidance of $2.6 billion.공시 • Jul 31Griffon Corporation to Report Q3, 2025 Results on Aug 06, 2025Griffon Corporation announced that they will report Q3, 2025 results at 12:30 PM, US Eastern Standard Time on Aug 06, 2025공시 • May 08Griffon Corporation Declares Quarterly Dividend, Payable on June 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on June 18, 2025 to shareholders of record as of the close of business on May 30, 2025.공시 • May 02Griffon Corporation to Report Q2, 2025 Results on May 08, 2025Griffon Corporation announced that they will report Q2, 2025 results on May 08, 2025공시 • Feb 08Griffon Corporation Reiterates Earnings Guidance for the Year 2025Griffon Corporation reiterated earnings guidance for the year 2025. For the year, the company's fiscal 2025 guidance provided in November 2024 remain unchanged, including $2.6 billion of revenue and $575 million to $600 million of segment adjusted EBITDA, which excludes unallocated costs and certain other charges that affect comparability and free cash flow exceeding net income for the year.공시 • Feb 05Griffon Corporation Declares Quarterly Dividend, Payable on March 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on March 18, 2025 to shareholders of record as of the close of business on February 25, 2025.공시 • Jan 30Griffon Corporation to Report Q1, 2025 Results on Feb 05, 2025Griffon Corporation announced that they will report Q1, 2025 results on Feb 05, 2025공시 • Jan 10Griffon Corporation, Annual General Meeting, Mar 11, 2025Griffon Corporation, Annual General Meeting, Mar 11, 2025. Location: dechert llp, 1095 avenue of the americas, new york, 10036, new york, United StatesNew Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (627% net debt to equity). Share price has been volatile over the past 3 months (6.9% average weekly change). Significant insider selling over the past 3 months (€45m sold).Declared Dividend • Nov 16Fourth quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 25th November 2024 Payment date: 18th December 2024 Dividend yield will be 0.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Nov 15Chairman of the Board & CEO recently sold €22m worth of stockOn the 13th of November, Ronald Kramer sold around 309k shares on-market at roughly €70.17 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Ronald has been a net seller over the last 12 months, reducing personal holdings by €39m.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €73.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 76% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €83.81 per share.공시 • Nov 13+ 1 more updateGriffon Corporation Declares Quarterly Dividend, Payable on December 18, 2024The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on December 18, 2024 to shareholders of record as of the close of business on November 25, 2024.공시 • Nov 07Griffon Corporation to Report Q4, 2024 Results on Nov 13, 2024Griffon Corporation announced that they will report Q4, 2024 results on Nov 13, 2024Recent Insider Transactions • Oct 20Chairman of the Board & CEO recently sold €421k worth of stockOn the 16th of October, Ronald Kramer sold around 7k shares on-market at roughly €64.41 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €5.7m. Ronald has been a net seller over the last 12 months, reducing personal holdings by €18m.Recent Insider Transactions • Sep 15Chairman of the Board & CEO recently sold €5.7m worth of stockOn the 11th of September, Ronald Kramer sold around 100k shares on-market at roughly €56.54 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Ronald has been a net seller over the last 12 months, reducing personal holdings by €12m.Recent Insider Transactions • Aug 25Lead Independent Director recently sold €728k worth of stockOn the 22nd of August, Kevin Sullivan sold around 12k shares on-market at roughly €58.52 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.2m. Insiders have been net sellers, collectively disposing of €8.8m more than they bought in the last 12 months.Upcoming Dividend • Aug 23Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 19 September 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.1%).Declared Dividend • Aug 09Third quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 28th August 2024 Payment date: 19th September 2024 Dividend yield will be 1.1%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 54% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 08Third quarter 2024 earnings released: EPS: US$0.87 (vs US$0.94 in 3Q 2023)Third quarter 2024 results: EPS: US$0.87 (down from US$0.94 in 3Q 2023). Revenue: US$647.8m (down 5.2% from 3Q 2023). Net income: US$41.1m (down 17% from 3Q 2023). Profit margin: 6.3% (down from 7.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe.New Risk • Aug 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (723% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change). Significant insider selling over the past 3 months (€7.0m sold).공시 • Aug 08Griffon Corporation Declares Quarterly Dividend, Payable on September 19, 2024The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on September 19, 2024 to shareholders of record as of the close of business on August 28, 2024.공시 • Aug 01Griffon Corporation to Report Q3, 2024 Results on Aug 07, 2024Griffon Corporation announced that they will report Q3, 2024 results on Aug 07, 2024Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €66.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 81% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €91.17 per share.Recent Insider Transactions • Jun 14Chairman of the Board & CEO recently sold €6.2m worth of stockOn the 12th of June, Ronald Kramer sold around 100k shares on-market at roughly €61.83 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ronald's only on-market trade for the last 12 months.Upcoming Dividend • May 24Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 20 June 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.0%).Declared Dividend • May 10Dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 29th May 2024 Payment date: 20th June 2024 Dividend yield will be 0.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 39% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 09+ 1 more updateGriffon Corporation Revises Earnings Guidance for the Year 2024Griffon Corporation revised earnings guidance for the year 2024. For the year, the company expects revenue of $2.65 billion (prior at $2.6 billion).Reported Earnings • May 08Second quarter 2024 earnings released: EPS: US$1.34 (vs US$1.17 loss in 2Q 2023)Second quarter 2024 results: EPS: US$1.34 (up from US$1.17 loss in 2Q 2023). Revenue: US$672.9m (down 5.4% from 2Q 2023). Net income: US$64.1m (up US$126.4m from 2Q 2023). Profit margin: 9.5% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.공시 • May 03Griffon Corporation to Report Q2, 2024 Results on May 08, 2024Griffon Corporation announced that they will report Q2, 2024 results on May 08, 2024Buy Or Sell Opportunity • Apr 25Now 22% undervaluedOver the last 90 days, the stock has risen 15% to €63.00. The fair value is estimated to be €80.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.6% in 2 years. Earnings are forecast to grow by 300% in the next 2 years.Buy Or Sell Opportunity • Apr 11Now 21% undervaluedOver the last 90 days, the stock has risen 20% to €64.00. The fair value is estimated to be €80.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.6% in 2 years. Earnings are forecast to grow by 300% in the next 2 years.Buy Or Sell Opportunity • Mar 06Now 21% undervaluedOver the last 90 days, the stock has risen 41% to €64.50. The fair value is estimated to be €81.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 306% in the next 2 years.공시 • Feb 21Griffon Corporation Announces Resignation of Travis W. Cocke as a Member of the Board and the Nominating and Corporate Governance Committee of the BoardGriffon Corporation announced resignation of Travis W. Cocke as a Member of the Board and the Nominating and Corporate Governance Committee of the Board, effective from February 20, 2024.Upcoming Dividend • Feb 21Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 21 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.4%).Recent Insider Transactions • Feb 11Independent Director recently sold €314k worth of stockOn the 8th of February, Cheryl Turnbull sold around 5k shares on-market at roughly €62.74 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €595k more than they bought in the last 12 months.Declared Dividend • Feb 09Dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 28th February 2024 Payment date: 21st March 2024 Dividend yield will be 3.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 39% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 211% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 08First quarter 2024 earnings released: EPS: US$0.86 (vs US$0.93 in 1Q 2023)First quarter 2024 results: EPS: US$0.86 (down from US$0.93 in 1Q 2023). Revenue: US$643.2m (down 1.0% from 1Q 2023). Net income: US$42.2m (down 13% from 1Q 2023). Profit margin: 6.6% (down from 7.5% in 1Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe.공시 • Feb 07Griffon Corporation Provides Earnings Guidance for the Fiscal Year 2024Griffon Corporation provided earnings guidance for the fiscal year 2024. For the year, the company expects revenue of $2.6 billion.Buy Or Sell Opportunity • Feb 02Now 21% undervaluedOver the last 90 days, the stock has risen 37% to €53.50. The fair value is estimated to be €67.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.6% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.공시 • Feb 01Griffon Corporation to Report Q1, 2024 Results on Feb 07, 2024Griffon Corporation announced that they will report Q1, 2024 results on Feb 07, 2024공시 • Jan 30Griffon Corporation, Annual General Meeting, Mar 20, 2024Griffon Corporation, Annual General Meeting, Mar 20, 2024, at 10:00 Eastern Daylight. Location: Dechert LLP 1095 Avenue of the Americas, New York, NY 10036 New York United States Agenda: To discuss and approve Election of thirteen directors for a term of one year; to discuss and approve Advisory vote on executive compensation; to discuss and approve Amendment No. 1 to the Amended and Restated 2016 Equity Incentive Plan to authorize an increase in the number of shares available for future awards; to discuss and approve Ratification of the selection by Audit Committee of Grant Thornton LLP to serve as our independent registered public accounting firm for fiscal year 2024; and to discuss and approve Any other matters that properly come before the meeting.Reported Earnings • Nov 17Full year 2023 earnings released: EPS: US$1.49 (vs US$5.57 loss in FY 2022)Full year 2023 results: EPS: US$1.49 (up from US$5.57 loss in FY 2022). Revenue: US$2.69b (down 5.7% from FY 2022). Net income: US$77.6m (up US$365.3m from FY 2022). Profit margin: 2.9% (up from net loss in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Building industry in Europe.공시 • Nov 17Griffon Corporation Declares Quarterly Cash Dividend, Payable on December 14, 2023The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on December 14, 2023, to shareholders of record as of the close of business on November 28, 2023.공시 • Nov 09Griffon Corporation to Report Q4, 2023 Results on Nov 15, 2023Griffon Corporation announced that they will report Q4, 2023 results on Nov 15, 2023Upcoming Dividend • Aug 15Upcoming dividend of US$0.13 per share at 5.9% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 14 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.5%).Reported Earnings • Aug 03Third quarter 2023 earnings released: EPS: US$0.94 (vs US$1.02 in 3Q 2022)Third quarter 2023 results: EPS: US$0.94 (down from US$1.02 in 3Q 2022). Revenue: US$683.4m (down 11% from 3Q 2022). Net income: US$49.2m (down 6.8% from 3Q 2022). Profit margin: 7.2% (up from 6.9% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Building industry in Europe.공시 • Jul 28Griffon Corporation to Report Q3, 2023 Results on Aug 02, 2023Griffon Corporation announced that they will report Q3, 2023 results on Aug 02, 2023Upcoming Dividend • May 17Upcoming dividend of US$0.13 per share at 7.7% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 15 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.1%).공시 • May 04Griffon Corporation Revises Earnings Outlook for the Year 2023Griffon Corporation revised earnings outlook for the year 2023. For the period, The company expects revenue of $2.7 billion (prior $2.95 billion) reflecting decreased CPP revenue, primarily driven by reduced consumer demand and ongoing elevated levels of customer inventory, partially offset by increased HBP revenue driven by commercial volume increases and improved residential volume expectations.Reported Earnings • May 03Second quarter 2023 earnings released: US$1.17 loss per share (vs US$1.13 profit in 2Q 2022)Second quarter 2023 results: US$1.17 loss per share (down from US$1.13 profit in 2Q 2022). Revenue: US$711.0m (down 8.8% from 2Q 2022). Net loss: US$62.3m (down 206% from profit in 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe.Upcoming Dividend • Feb 15Upcoming dividend of US$0.10 per share at 1.0% yieldEligible shareholders must have bought the stock before 22 February 2023. Payment date: 23 March 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%).Buying Opportunity • Feb 08Now 23% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €49.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Feb 02First quarter 2023 earnings released: EPS: US$0.93 (vs US$0.33 in 1Q 2022)First quarter 2023 results: EPS: US$0.93 (up from US$0.33 in 1Q 2022). Revenue: US$649.4m (up 9.7% from 1Q 2022). Net income: US$48.7m (up 188% from 1Q 2022). Profit margin: 7.5% (up from 2.9% in 1Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe.공시 • Feb 01Griffon Corporation Declares Regular Quarterly Cash Dividend, Payable on March 23, 2023The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on March 23, 2023, to shareholders of record as of the close of business on February 23, 2023.공시 • Jan 10Griffon Corporation Appoints Travis W. Cocke to its Board of DirectorsGriffon Corporation announced that it has entered into a cooperation agreement with Voss Capital (Voss), which owns approximately 6.0% of the company’s outstanding common stock, including the appointment of Travis W. Cocke, Chief Investment Officer of Voss, to Griffon’s Board of Directors. Mr. Cocke will fill the vacancy resulting from the recent passing of Admiral Robert G. Harrison, who served on Griffon’s Board for eighteen years with distinction. Mr. Cocke will serve as a member of the Board’s Committee on Strategic Considerations and Nominating and Corporate Governance Committee. Pursuant to the Cooperation Agreement, the Company has agreed to appoint Mr. Cocke to the Board, effective January 9, 2023, and nominate him to stand for election at its upcoming 2023 annual meeting of stockholders. Concurrent with his appointment to the Board, Mr. Cocke will be appointed to the Nominating and Corporate Governance Committee, as well as the Committee on Strategic Considerations. In addition, Voss has, among other things, withdrawn its slate of proposed nominees and agreed to abide by certain standstill, -94 voting and other provisions as set forth in the Cooperation Agreement, which will be publicly filed. In addition, the Cooperation Agreement provides that, following the company’s 2023 annual meeting of stockholders, at Voss’s election the company will, in consultation with Voss, select and appoint one additional independent director to the Board, and the size of the Board will be not more than 13 members.Upcoming Dividend • Nov 21Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 28 November 2022. Payment date: 16 December 2022. The company is not currently making a profit and its cash payout ratio is 84%. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%).Reported Earnings • Nov 18Full year 2022 earnings released: US$5.57 loss per share (vs US$1.40 profit in FY 2021)Full year 2022 results: US$5.57 loss per share (down from US$1.40 profit in FY 2021). Revenue: US$2.85b (up 25% from FY 2021). Net loss: US$287.7m (down US$359.0m from profit in FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Building industry in Europe.공시 • Nov 18+ 2 more updatesGriffon Corporation Declares Quarterly Cash Dividend, Payable on December 16, 2022Griffon Corporation declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on December 16, 2022, to shareholders of record as of the close of business on November 29, 2022.공시 • Oct 07Griffon Corporation, Annual General Meeting, Mar 15, 2023Griffon Corporation, Annual General Meeting, Mar 15, 2023.Upcoming Dividend • Aug 10Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 17 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.2%).Reported Earnings • Jul 29Third quarter 2022 earnings released: EPS: US$1.02 (vs US$0.33 in 3Q 2021)Third quarter 2022 results: EPS: US$1.02 (up from US$0.33 in 3Q 2021). Revenue: US$768.2m (up 19% from 3Q 2021). Net income: US$52.8m (up 216% from 3Q 2021). Profit margin: 6.9% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in Germany.공시 • Jul 29Griffon Corporation Declares Quarterly Dividend, Payable on September 15, 2022The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.09 per share. The dividend is payable on September 15, 2022 to shareholders of record as of the close of business on August 18, 2022.공시 • Jun 29+ 1 more updateTTM Technologies, Inc. (NasdaqGS:TTMI) completed the acquisition of Telephonics Corporation from Griffon Corporation (NYSE:GFF).TTM Technologies, Inc. (NasdaqGS:TTMI) entered into a definitive share purchase agreement to acquire Telephonics Corporation from Griffon Corporation (NYSE:GFF) for $330 million on April 18, 2022. The proposed terms include the purchase of the stock of the Telephonics business entities in a debt free, cash free transaction for $330 million in cash, subject to customary working capital at closing. TTM expects to finance the purchase with cash on hand. Consummation of the acquisition is subject to the satisfaction of certain conditions, including (i) expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, (ii) Griffon having obtained certain consents related to the acquisition or, alternatively, having paid the company a specified fee as liquidated damages in place of obtaining such consents, and (iii) completion of the sale or transfer of ownership interests held by Telephonics in a certain joint venture such that none of the acquired companies retain any liabilities or obligations in respect of such joint venture. It is also subject to the resignation of Telephonics' directors, and the execution of transitional services, non competition, non solicitation, intellectual property agreements, customary closing conditions and regulatory approvals. The acquisition has been unanimously approved by the board of directors of the company. The transaction is expected to close in the second quarter of 2022. The transaction is expected to be immediately accretive to TTM’s non-GAAP EPS. Tobias L. Knapp of O’Melveny & Myers LLP acted as legal advisor to TTM Technologies, Inc. Derek M. Winokur, Martin Nussbaum, Stephen Pratt, Thomas Rayski, Joshua Rawson, Elizabeth Guidi, Edward Lemanowicz, Francois Quintard-Morenas, James Fishkin, Clemens Graf York von Wartenburg, Michael Okkonen, Beverly Ang, Andrew Braid, Abbi Cohen and Ian Downes of Dechert LLP acted as legal advisor to Griffon Corporation. J.P. Morgan acted as the exclusive financial advisor for TTM, and Lazard acted as financial advisor for Griffon. TTM Technologies, Inc. (NasdaqGS:TTMI) completed the acquisition of Telephonics Corporation from Griffon Corporation (NYSE:GFF) on June 27, 2022. Telephonics employees will join TTM Technologies, Inc.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €25.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Building industry in Europe.예정된 배당 지급오늘May 26 2026배당락일May 29 2026배당 지급일Jun 17 202619 days (배당락일 기준)다음 배당금을 받으려면 앞으로 2 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: GFF 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: GFF 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Griffon 배당 수익률 vs 시장GFF의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (GFF)1.0%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Building)3.7%분석가 예측 (GFF) (최대 3년)0%주목할만한 배당금: GFF 의 배당금( 1.02% )은 German 시장에서 배당금 지급자의 하위 25%( 1.48% )와 비교해 주목할 만하지 않습니다.고배당: GFF 의 배당금( 1.02% )은 German 시장에서 배당금 지급자의 상위 25%( 4.53% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 80.3% )에서 GFF 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 14.3% )이 낮기 때문에 GFF 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 23:12종가2026/05/26 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Griffon Corporation는 10명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Timothy WojsBairdRobert LabickCJS Securities, Inc.Collin VerronDeutsche Bank7명의 분석가 더 보기
Declared Dividend • May 20Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 29th May 2026 Payment date: 17th June 2026 Dividend yield will be 1.1%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 08Griffon Corporation announces Quarterly dividend, payable on June 17, 2026Griffon Corporation announced Quarterly dividend of USD 0.2200 per share payable on June 17, 2026, ex-date on May 29, 2026 and record date on May 29, 2026.
공시 • Feb 05+ 1 more updateGriffon Corporation Declares Quarterly Cash Dividend, Payable on March 18, 2026Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on March 18, 2026 to shareholders of record as of the close of business on February 27, 2026.
공시 • Nov 19+ 1 more updateGriffon Corporation Declares Quarterly Dividend, Payable on December 16, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on December 16, 2025 to shareholders of record as of the close of business on November 28, 2025.
공시 • May 08Griffon Corporation Declares Quarterly Dividend, Payable on June 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on June 18, 2025 to shareholders of record as of the close of business on May 30, 2025.
공시 • Feb 05Griffon Corporation Declares Quarterly Dividend, Payable on March 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on March 18, 2025 to shareholders of record as of the close of business on February 25, 2025.
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Travis Cocke was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • May 20Second quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 29th May 2026 Payment date: 17th June 2026 Dividend yield will be 1.1%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 09Griffon Corporation Reaffirms Earnings Guidance for the Fiscal Year 2026Griffon Corporation reaffirmed earnings guidance for the fiscal year 2026. For the year, the company's outlook is unchanged, and expected revenue from continuing operations to be $1.8 billion. The company's outlook unchanged from the first quarter, and is consistent with the expected contributions from the legacy HBP segment and Hunter Fan as included within Griffon’s guidance provided in November 2025.
공시 • May 08Griffon Corporation announces Quarterly dividend, payable on June 17, 2026Griffon Corporation announced Quarterly dividend of USD 0.2200 per share payable on June 17, 2026, ex-date on May 29, 2026 and record date on May 29, 2026.
공시 • May 02Griffon Corporation to Report Q2, 2026 Results on May 07, 2026Griffon Corporation announced that they will report Q2, 2026 results Pre-Market on May 07, 2026
공시 • Feb 05+ 1 more updateGriffon Corporation Declares Quarterly Cash Dividend, Payable on March 18, 2026Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on March 18, 2026 to shareholders of record as of the close of business on February 27, 2026.
공시 • Jan 30Griffon Corporation to Report Q1, 2026 Results on Feb 05, 2026Griffon Corporation announced that they will report Q1, 2026 results Pre-Market on Feb 05, 2026
공시 • Jan 12Griffon Corporation, Annual General Meeting, Feb 18, 2026Griffon Corporation, Annual General Meeting, Feb 18, 2026.
공시 • Nov 19+ 1 more updateGriffon Corporation Declares Quarterly Dividend, Payable on December 16, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.22 per share. The dividend is payable on December 16, 2025 to shareholders of record as of the close of business on November 28, 2025.
공시 • Nov 13Griffon Corporation to Report Q4, 2025 Results on Nov 19, 2025Griffon Corporation announced that they will report Q4, 2025 results Pre-Market on Nov 19, 2025
공시 • Aug 06+ 2 more updatesGriffon Corporation Updates Financial Guidance for the Full Year of 2025Griffon Corporation updates financial guidance for the full year of 2025. For the period, The company expects revenue to be $2.5 billion versus prior guidance of $2.6 billion.
공시 • Jul 31Griffon Corporation to Report Q3, 2025 Results on Aug 06, 2025Griffon Corporation announced that they will report Q3, 2025 results at 12:30 PM, US Eastern Standard Time on Aug 06, 2025
공시 • May 08Griffon Corporation Declares Quarterly Dividend, Payable on June 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on June 18, 2025 to shareholders of record as of the close of business on May 30, 2025.
공시 • May 02Griffon Corporation to Report Q2, 2025 Results on May 08, 2025Griffon Corporation announced that they will report Q2, 2025 results on May 08, 2025
공시 • Feb 08Griffon Corporation Reiterates Earnings Guidance for the Year 2025Griffon Corporation reiterated earnings guidance for the year 2025. For the year, the company's fiscal 2025 guidance provided in November 2024 remain unchanged, including $2.6 billion of revenue and $575 million to $600 million of segment adjusted EBITDA, which excludes unallocated costs and certain other charges that affect comparability and free cash flow exceeding net income for the year.
공시 • Feb 05Griffon Corporation Declares Quarterly Dividend, Payable on March 18, 2025The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on March 18, 2025 to shareholders of record as of the close of business on February 25, 2025.
공시 • Jan 30Griffon Corporation to Report Q1, 2025 Results on Feb 05, 2025Griffon Corporation announced that they will report Q1, 2025 results on Feb 05, 2025
공시 • Jan 10Griffon Corporation, Annual General Meeting, Mar 11, 2025Griffon Corporation, Annual General Meeting, Mar 11, 2025. Location: dechert llp, 1095 avenue of the americas, new york, 10036, new york, United States
New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (627% net debt to equity). Share price has been volatile over the past 3 months (6.9% average weekly change). Significant insider selling over the past 3 months (€45m sold).
Declared Dividend • Nov 16Fourth quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 25th November 2024 Payment date: 18th December 2024 Dividend yield will be 0.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Nov 15Chairman of the Board & CEO recently sold €22m worth of stockOn the 13th of November, Ronald Kramer sold around 309k shares on-market at roughly €70.17 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Ronald has been a net seller over the last 12 months, reducing personal holdings by €39m.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €73.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 76% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €83.81 per share.
공시 • Nov 13+ 1 more updateGriffon Corporation Declares Quarterly Dividend, Payable on December 18, 2024The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on December 18, 2024 to shareholders of record as of the close of business on November 25, 2024.
공시 • Nov 07Griffon Corporation to Report Q4, 2024 Results on Nov 13, 2024Griffon Corporation announced that they will report Q4, 2024 results on Nov 13, 2024
Recent Insider Transactions • Oct 20Chairman of the Board & CEO recently sold €421k worth of stockOn the 16th of October, Ronald Kramer sold around 7k shares on-market at roughly €64.41 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €5.7m. Ronald has been a net seller over the last 12 months, reducing personal holdings by €18m.
Recent Insider Transactions • Sep 15Chairman of the Board & CEO recently sold €5.7m worth of stockOn the 11th of September, Ronald Kramer sold around 100k shares on-market at roughly €56.54 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Ronald has been a net seller over the last 12 months, reducing personal holdings by €12m.
Recent Insider Transactions • Aug 25Lead Independent Director recently sold €728k worth of stockOn the 22nd of August, Kevin Sullivan sold around 12k shares on-market at roughly €58.52 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.2m. Insiders have been net sellers, collectively disposing of €8.8m more than they bought in the last 12 months.
Upcoming Dividend • Aug 23Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 19 September 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.1%).
Declared Dividend • Aug 09Third quarter dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 28th August 2024 Payment date: 19th September 2024 Dividend yield will be 1.1%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 54% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 08Third quarter 2024 earnings released: EPS: US$0.87 (vs US$0.94 in 3Q 2023)Third quarter 2024 results: EPS: US$0.87 (down from US$0.94 in 3Q 2023). Revenue: US$647.8m (down 5.2% from 3Q 2023). Net income: US$41.1m (down 17% from 3Q 2023). Profit margin: 6.3% (down from 7.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe.
New Risk • Aug 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (723% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change). Significant insider selling over the past 3 months (€7.0m sold).
공시 • Aug 08Griffon Corporation Declares Quarterly Dividend, Payable on September 19, 2024The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on September 19, 2024 to shareholders of record as of the close of business on August 28, 2024.
공시 • Aug 01Griffon Corporation to Report Q3, 2024 Results on Aug 07, 2024Griffon Corporation announced that they will report Q3, 2024 results on Aug 07, 2024
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €66.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 81% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €91.17 per share.
Recent Insider Transactions • Jun 14Chairman of the Board & CEO recently sold €6.2m worth of stockOn the 12th of June, Ronald Kramer sold around 100k shares on-market at roughly €61.83 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ronald's only on-market trade for the last 12 months.
Upcoming Dividend • May 24Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 20 June 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.0%).
Declared Dividend • May 10Dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 29th May 2024 Payment date: 20th June 2024 Dividend yield will be 0.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 39% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 09+ 1 more updateGriffon Corporation Revises Earnings Guidance for the Year 2024Griffon Corporation revised earnings guidance for the year 2024. For the year, the company expects revenue of $2.65 billion (prior at $2.6 billion).
Reported Earnings • May 08Second quarter 2024 earnings released: EPS: US$1.34 (vs US$1.17 loss in 2Q 2023)Second quarter 2024 results: EPS: US$1.34 (up from US$1.17 loss in 2Q 2023). Revenue: US$672.9m (down 5.4% from 2Q 2023). Net income: US$64.1m (up US$126.4m from 2Q 2023). Profit margin: 9.5% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.
공시 • May 03Griffon Corporation to Report Q2, 2024 Results on May 08, 2024Griffon Corporation announced that they will report Q2, 2024 results on May 08, 2024
Buy Or Sell Opportunity • Apr 25Now 22% undervaluedOver the last 90 days, the stock has risen 15% to €63.00. The fair value is estimated to be €80.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.6% in 2 years. Earnings are forecast to grow by 300% in the next 2 years.
Buy Or Sell Opportunity • Apr 11Now 21% undervaluedOver the last 90 days, the stock has risen 20% to €64.00. The fair value is estimated to be €80.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.6% in 2 years. Earnings are forecast to grow by 300% in the next 2 years.
Buy Or Sell Opportunity • Mar 06Now 21% undervaluedOver the last 90 days, the stock has risen 41% to €64.50. The fair value is estimated to be €81.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 306% in the next 2 years.
공시 • Feb 21Griffon Corporation Announces Resignation of Travis W. Cocke as a Member of the Board and the Nominating and Corporate Governance Committee of the BoardGriffon Corporation announced resignation of Travis W. Cocke as a Member of the Board and the Nominating and Corporate Governance Committee of the Board, effective from February 20, 2024.
Upcoming Dividend • Feb 21Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 21 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (5.4%).
Recent Insider Transactions • Feb 11Independent Director recently sold €314k worth of stockOn the 8th of February, Cheryl Turnbull sold around 5k shares on-market at roughly €62.74 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €595k more than they bought in the last 12 months.
Declared Dividend • Feb 09Dividend of US$0.15 announcedShareholders will receive a dividend of US$0.15. Ex-date: 28th February 2024 Payment date: 21st March 2024 Dividend yield will be 3.8%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 39% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 211% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 08First quarter 2024 earnings released: EPS: US$0.86 (vs US$0.93 in 1Q 2023)First quarter 2024 results: EPS: US$0.86 (down from US$0.93 in 1Q 2023). Revenue: US$643.2m (down 1.0% from 1Q 2023). Net income: US$42.2m (down 13% from 1Q 2023). Profit margin: 6.6% (down from 7.5% in 1Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe.
공시 • Feb 07Griffon Corporation Provides Earnings Guidance for the Fiscal Year 2024Griffon Corporation provided earnings guidance for the fiscal year 2024. For the year, the company expects revenue of $2.6 billion.
Buy Or Sell Opportunity • Feb 02Now 21% undervaluedOver the last 90 days, the stock has risen 37% to €53.50. The fair value is estimated to be €67.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.6% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
공시 • Feb 01Griffon Corporation to Report Q1, 2024 Results on Feb 07, 2024Griffon Corporation announced that they will report Q1, 2024 results on Feb 07, 2024
공시 • Jan 30Griffon Corporation, Annual General Meeting, Mar 20, 2024Griffon Corporation, Annual General Meeting, Mar 20, 2024, at 10:00 Eastern Daylight. Location: Dechert LLP 1095 Avenue of the Americas, New York, NY 10036 New York United States Agenda: To discuss and approve Election of thirteen directors for a term of one year; to discuss and approve Advisory vote on executive compensation; to discuss and approve Amendment No. 1 to the Amended and Restated 2016 Equity Incentive Plan to authorize an increase in the number of shares available for future awards; to discuss and approve Ratification of the selection by Audit Committee of Grant Thornton LLP to serve as our independent registered public accounting firm for fiscal year 2024; and to discuss and approve Any other matters that properly come before the meeting.
Reported Earnings • Nov 17Full year 2023 earnings released: EPS: US$1.49 (vs US$5.57 loss in FY 2022)Full year 2023 results: EPS: US$1.49 (up from US$5.57 loss in FY 2022). Revenue: US$2.69b (down 5.7% from FY 2022). Net income: US$77.6m (up US$365.3m from FY 2022). Profit margin: 2.9% (up from net loss in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Building industry in Europe.
공시 • Nov 17Griffon Corporation Declares Quarterly Cash Dividend, Payable on December 14, 2023The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on December 14, 2023, to shareholders of record as of the close of business on November 28, 2023.
공시 • Nov 09Griffon Corporation to Report Q4, 2023 Results on Nov 15, 2023Griffon Corporation announced that they will report Q4, 2023 results on Nov 15, 2023
Upcoming Dividend • Aug 15Upcoming dividend of US$0.13 per share at 5.9% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 14 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.5%).
Reported Earnings • Aug 03Third quarter 2023 earnings released: EPS: US$0.94 (vs US$1.02 in 3Q 2022)Third quarter 2023 results: EPS: US$0.94 (down from US$1.02 in 3Q 2022). Revenue: US$683.4m (down 11% from 3Q 2022). Net income: US$49.2m (down 6.8% from 3Q 2022). Profit margin: 7.2% (up from 6.9% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Building industry in Europe.
공시 • Jul 28Griffon Corporation to Report Q3, 2023 Results on Aug 02, 2023Griffon Corporation announced that they will report Q3, 2023 results on Aug 02, 2023
Upcoming Dividend • May 17Upcoming dividend of US$0.13 per share at 7.7% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 15 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.1%).
공시 • May 04Griffon Corporation Revises Earnings Outlook for the Year 2023Griffon Corporation revised earnings outlook for the year 2023. For the period, The company expects revenue of $2.7 billion (prior $2.95 billion) reflecting decreased CPP revenue, primarily driven by reduced consumer demand and ongoing elevated levels of customer inventory, partially offset by increased HBP revenue driven by commercial volume increases and improved residential volume expectations.
Reported Earnings • May 03Second quarter 2023 earnings released: US$1.17 loss per share (vs US$1.13 profit in 2Q 2022)Second quarter 2023 results: US$1.17 loss per share (down from US$1.13 profit in 2Q 2022). Revenue: US$711.0m (down 8.8% from 2Q 2022). Net loss: US$62.3m (down 206% from profit in 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe.
Upcoming Dividend • Feb 15Upcoming dividend of US$0.10 per share at 1.0% yieldEligible shareholders must have bought the stock before 22 February 2023. Payment date: 23 March 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%).
Buying Opportunity • Feb 08Now 23% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €49.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Feb 02First quarter 2023 earnings released: EPS: US$0.93 (vs US$0.33 in 1Q 2022)First quarter 2023 results: EPS: US$0.93 (up from US$0.33 in 1Q 2022). Revenue: US$649.4m (up 9.7% from 1Q 2022). Net income: US$48.7m (up 188% from 1Q 2022). Profit margin: 7.5% (up from 2.9% in 1Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe.
공시 • Feb 01Griffon Corporation Declares Regular Quarterly Cash Dividend, Payable on March 23, 2023The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on March 23, 2023, to shareholders of record as of the close of business on February 23, 2023.
공시 • Jan 10Griffon Corporation Appoints Travis W. Cocke to its Board of DirectorsGriffon Corporation announced that it has entered into a cooperation agreement with Voss Capital (Voss), which owns approximately 6.0% of the company’s outstanding common stock, including the appointment of Travis W. Cocke, Chief Investment Officer of Voss, to Griffon’s Board of Directors. Mr. Cocke will fill the vacancy resulting from the recent passing of Admiral Robert G. Harrison, who served on Griffon’s Board for eighteen years with distinction. Mr. Cocke will serve as a member of the Board’s Committee on Strategic Considerations and Nominating and Corporate Governance Committee. Pursuant to the Cooperation Agreement, the Company has agreed to appoint Mr. Cocke to the Board, effective January 9, 2023, and nominate him to stand for election at its upcoming 2023 annual meeting of stockholders. Concurrent with his appointment to the Board, Mr. Cocke will be appointed to the Nominating and Corporate Governance Committee, as well as the Committee on Strategic Considerations. In addition, Voss has, among other things, withdrawn its slate of proposed nominees and agreed to abide by certain standstill, -94 voting and other provisions as set forth in the Cooperation Agreement, which will be publicly filed. In addition, the Cooperation Agreement provides that, following the company’s 2023 annual meeting of stockholders, at Voss’s election the company will, in consultation with Voss, select and appoint one additional independent director to the Board, and the size of the Board will be not more than 13 members.
Upcoming Dividend • Nov 21Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 28 November 2022. Payment date: 16 December 2022. The company is not currently making a profit and its cash payout ratio is 84%. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%).
Reported Earnings • Nov 18Full year 2022 earnings released: US$5.57 loss per share (vs US$1.40 profit in FY 2021)Full year 2022 results: US$5.57 loss per share (down from US$1.40 profit in FY 2021). Revenue: US$2.85b (up 25% from FY 2021). Net loss: US$287.7m (down US$359.0m from profit in FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Building industry in Europe.
공시 • Nov 18+ 2 more updatesGriffon Corporation Declares Quarterly Cash Dividend, Payable on December 16, 2022Griffon Corporation declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on December 16, 2022, to shareholders of record as of the close of business on November 29, 2022.
공시 • Oct 07Griffon Corporation, Annual General Meeting, Mar 15, 2023Griffon Corporation, Annual General Meeting, Mar 15, 2023.
Upcoming Dividend • Aug 10Upcoming dividend of US$0.09 per shareEligible shareholders must have bought the stock before 17 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.2%).
Reported Earnings • Jul 29Third quarter 2022 earnings released: EPS: US$1.02 (vs US$0.33 in 3Q 2021)Third quarter 2022 results: EPS: US$1.02 (up from US$0.33 in 3Q 2021). Revenue: US$768.2m (up 19% from 3Q 2021). Net income: US$52.8m (up 216% from 3Q 2021). Profit margin: 6.9% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in Germany.
공시 • Jul 29Griffon Corporation Declares Quarterly Dividend, Payable on September 15, 2022The Board of Directors of Griffon Corporation declared a regular quarterly cash dividend of $0.09 per share. The dividend is payable on September 15, 2022 to shareholders of record as of the close of business on August 18, 2022.
공시 • Jun 29+ 1 more updateTTM Technologies, Inc. (NasdaqGS:TTMI) completed the acquisition of Telephonics Corporation from Griffon Corporation (NYSE:GFF).TTM Technologies, Inc. (NasdaqGS:TTMI) entered into a definitive share purchase agreement to acquire Telephonics Corporation from Griffon Corporation (NYSE:GFF) for $330 million on April 18, 2022. The proposed terms include the purchase of the stock of the Telephonics business entities in a debt free, cash free transaction for $330 million in cash, subject to customary working capital at closing. TTM expects to finance the purchase with cash on hand. Consummation of the acquisition is subject to the satisfaction of certain conditions, including (i) expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, (ii) Griffon having obtained certain consents related to the acquisition or, alternatively, having paid the company a specified fee as liquidated damages in place of obtaining such consents, and (iii) completion of the sale or transfer of ownership interests held by Telephonics in a certain joint venture such that none of the acquired companies retain any liabilities or obligations in respect of such joint venture. It is also subject to the resignation of Telephonics' directors, and the execution of transitional services, non competition, non solicitation, intellectual property agreements, customary closing conditions and regulatory approvals. The acquisition has been unanimously approved by the board of directors of the company. The transaction is expected to close in the second quarter of 2022. The transaction is expected to be immediately accretive to TTM’s non-GAAP EPS. Tobias L. Knapp of O’Melveny & Myers LLP acted as legal advisor to TTM Technologies, Inc. Derek M. Winokur, Martin Nussbaum, Stephen Pratt, Thomas Rayski, Joshua Rawson, Elizabeth Guidi, Edward Lemanowicz, Francois Quintard-Morenas, James Fishkin, Clemens Graf York von Wartenburg, Michael Okkonen, Beverly Ang, Andrew Braid, Abbi Cohen and Ian Downes of Dechert LLP acted as legal advisor to Griffon Corporation. J.P. Morgan acted as the exclusive financial advisor for TTM, and Lazard acted as financial advisor for Griffon. TTM Technologies, Inc. (NasdaqGS:TTMI) completed the acquisition of Telephonics Corporation from Griffon Corporation (NYSE:GFF) on June 27, 2022. Telephonics employees will join TTM Technologies, Inc.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €25.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Building industry in Europe.