Griffon Corporation Declares Quarterly Dividend
April 28 2020 - 9:00AM
Business Wire
The Board of Directors of Griffon Corporation (NYSE: GFF) (the
“Company” or “Griffon”) yesterday declared a regular quarterly cash
dividend of $0.075 per share. The dividend is payable on June 18,
2020 to shareholders of record as of the close of business on May
21, 2020.
About Griffon
Corporation
Griffon is a diversified management and holding company that
conducts business through wholly-owned subsidiaries. Griffon
oversees the operations of its subsidiaries, allocates resources
among them and manages their capital structures. Griffon provides
direction and assistance to its subsidiaries in connection with
acquisition and growth opportunities as well as in connection with
divestitures. In order to further diversify, Griffon also seeks
out, evaluates and, when appropriate, will acquire additional
businesses that offer potentially attractive returns on
capital.
Griffon currently conducts its operations through three
reportable segments:
- Consumer and Professional Products (“CPP”) conducts its
operations through The AMES Companies, Inc. (“AMES”). Founded in
1774, AMES is the leading North American manufacturer and a global
provider of branded consumer and professional tools and products
for home storage and organization, landscaping, and enhancing
outdoor lifestyles. CPP sells products globally through a portfolio
of leading brands including True Temper, AMES, and ClosetMaid.
- Home and Building Products conducts its operations
through Clopay Corporation (“Clopay”). Founded in 1964, Clopay is
the largest manufacturer and marketer of garage doors and rolling
steel doors in North America. Residential and commercial sectional
garage doors are sold through professional dealers and leading home
center retail chains throughout North America under the brands
Clopay, Ideal, and Holmes. Rolling steel door and grille products
designed for commercial, industrial, institutional, and retail use
are sold under the CornellCookson brand.
- Defense Electronics conducts its operations through
Telephonics Corporation, founded in 1933, a globally recognized
leading provider of highly sophisticated intelligence, surveillance
and communications solutions for defense, aerospace and commercial
customers.
For more information on Griffon and its operating subsidiaries,
please see the Company’s website at www.griffon.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200428005256/en/
Company Contact: Brian G. Harris
SVP & Chief Financial Officer Griffon Corporation (212)
957-5000
Investor Relations Contact: Michael
Callahan Managing Director ICR Inc. (203) 682-8311
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