TMCnet News
Griffon Declares Quarterly DividendNEW YORK --(Business Wire)-- The Board of Directors of Griffon Corporation (NYSE:GFF) declared a regular quarterly cash dividend of $0.04 per share, a 33% increase over the prior quarter. The dividend is payable on December 23, 2014 to shareholders of record as of the close of business on December 3, 2014. About Griffon Corporation Griffon Corporation (the "Company" or "Griffon") is a diversified management and holding company conducting 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. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses hat offer potentially attractive returns on capital to further diversify itself. Griffon currently conducts its operations through The AMES Companies, Inc. ("AMES"), Clopay Building Products Company, Inc. ("CBP"), Telephonics Corporation ("Telephonics") and Clopay Plastic Products Company, Inc. ("Plastics"). CBP and AMES comprise the Home & Building Products operating segment.
For more information on Griffon and its operating subsidiaries, please see the Company's website at www.griffoncorp.com.
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