Griffin Industrial Realty Inc to Issue Dividend of $0.50 (NASDAQ:GRIF)

Griffin Industrial Realty Inc (NASDAQ:GRIF) declared a dividend on Tuesday, November 19th, Fidelity reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.50 per share by the financial services provider on Monday, December 16th. The ex-dividend date is Thursday, December 5th.

Shares of Griffin Industrial Realty stock traded down $0.53 during trading on Tuesday, reaching $38.12. The stock had a trading volume of 4,866 shares, compared to its average volume of 2,849. The company has a market capitalization of $196.06 million, a price-to-earnings ratio of 33.03 and a beta of 0.74. The stock has a fifty day moving average price of $38.85 and a two-hundred day moving average price of $37.59. Griffin Industrial Realty has a 52 week low of $27.98 and a 52 week high of $41.00.

Griffin Industrial Realty (NASDAQ:GRIF) last released its earnings results on Wednesday, October 9th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. Griffin Industrial Realty had a return on equity of 6.33% and a net margin of 13.99%. The business had revenue of $8.90 million for the quarter.

A number of brokerages have recently commented on GRIF. TheStreet raised shares of Griffin Industrial Realty from a “c” rating to a “b-” rating in a research report on Wednesday, August 14th. ValuEngine cut shares of Griffin Industrial Realty from a “buy” rating to a “hold” rating in a report on Wednesday, October 16th.

Griffin Industrial Realty Company Profile

Griffin Industrial Realty, Inc develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2018, the company owned 37 buildings comprising 25 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns real estate properties in the Hartford, Connecticut area; the Lehigh Valley of Pennsylvania; and the greater Charlotte, North Carolina area, as well as Connecticut, Massachusetts, and Florida.

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Dividend History for Griffin Industrial Realty (NASDAQ:GRIF)

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