Griffin Industrial Realty Inc (NASDAQ:GRIF) declared a dividend on Tuesday, November 19th, Fidelity reports. Investors of record on Friday, December 6th will be paid 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 remained flat at $$38.12 during midday trading on Tuesday. 57 shares of the stock were exchanged, compared to its average volume of 2,849. Griffin Industrial Realty has a fifty-two week low of $27.98 and a fifty-two week high of $41.00. The firm has a 50 day moving average of $38.85 and a 200 day moving average of $37.59. The stock has a market capitalization of $196.06 million, a P/E ratio of 33.03 and a beta of 0.74.
Griffin Industrial Realty (NASDAQ:GRIF) last announced its quarterly earnings results on Wednesday, October 9th. The financial services provider reported $0.20 earnings per share for the quarter. The company had revenue of $8.90 million during the quarter. Griffin Industrial Realty had a return on equity of 6.33% and a net margin of 13.99%.
Several analysts recently issued reports on the stock. TheStreet raised shares of Griffin Industrial Realty from a “c” rating to a “b-” rating in a report on Wednesday, August 14th. ValuEngine downgraded shares of Griffin Industrial Realty from a “buy” rating to a “hold” rating in a report on Wednesday, October 16th.
About Griffin Industrial Realty
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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