Graham Holdings Company Plans Quarterly Dividend of $1.27 (GHC)
Graham Holdings Company (NYSE:GHC) declared a quarterly dividend on Friday, September 15th, Wall Street Journal reports. Investors of record on Tuesday, October 17th will be given a dividend of 1.27 per share on Thursday, November 9th. This represents a $5.08 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Monday, October 16th.
Graham Holdings (NYSE:GHC) traded down 0.73% during trading on Friday, hitting $562.80. 31,702 shares of the company traded hands. The company’s 50-day moving average is $581.64 and its 200 day moving average is $590.18. Graham Holdings has a 52-week low of $440.55 and a 52-week high of $615.85.
A number of equities analysts recently weighed in on the stock. BidaskClub lowered shares of Graham Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. TheStreet lowered shares of Graham Holdings from a “b-” rating to a “c+” rating in a research report on Wednesday, August 2nd.
About Graham Holdings
Graham Holdings Company, formerly The Washington Post Company, is a diversified education and media company whose principal operations include educational services, television broadcasting, cable television systems, and online, print and local TV news. The Company owns Kaplan, a provider of educational services to individuals, schools and businesses, serving over one million students annually with operations in more than 30 countries.
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