The Board of Directors of Griffon Corporation (NYSE: GFF) declared a regular quarterly cash dividend of $0.025 per share, an increase of 25%. The dividend is payable on December 26, 2012 to shareholders of record as of the close of business on November 29, 2012.
About Griffon Corporation
Griffon Corporation (the “Company” or “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. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.
Griffon currently conducts its operations through Ames True Temper (“ATT”), Clopay Building Products (“CBP”), Telephonics Corporation (“Telephonics”) and Clopay Plastic Products Company (“Plastics”). CBP and ATT 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.