Graham Holdings (GHC) To Go Ex-Dividend on April 17th

Graham Holdings (NYSE:GHC) announced a quarterly dividend on Tuesday, February 25th, RTT News reports. Investors of record on Thursday, April 17th will be given a dividend of 1.80 per share on Thursday, May 8th. This represents a $7.20 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, April 17th.

Graham has increased its dividend payment by an average of 4.4% per year over the last three years. Graham has a payout ratio of 10.7% meaning its dividend is sufficiently covered by earnings.

Graham Stock Performance

Shares of Graham stock opened at $917.49 on Tuesday. The company has a 50 day moving average of $942.89 and a 200-day moving average of $903.43. The company has a market cap of $3.98 billion, a PE ratio of 17.97 and a beta of 0.92. Graham has a 1-year low of $683.00 and a 1-year high of $1,003.53. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18.

Analysts Set New Price Targets

Separately, StockNews.com raised Graham from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 29th.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.