NYSE:GGGMachinery
Graco Dividend Streak Continues As Valuation And Growth Plans Draw Focus
Graco (NYSE:GGG) extended its 27-year streak of quarterly dividend payments, reinforcing its record of consistent shareholder payouts.
The company indicated room for future dividend growth, citing a payout ratio that leaves financial flexibility.
Management also highlighted a strong acquisition pipeline, indicating a continued focus on expanding the business.
For investors watching Graco at a share price of $94.28, the dividend announcement adds to an existing record of shareholder returns...