NEW YORK (
) -- The ex-dividend date for
) is, November 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $8.55 as of 9:32 a.m. ET, the dividend yield is 0.9%.
The average volume for Griffon has been 220,000 shares per day over the past 30 days. Griffon has a market cap of $540.6 million and is part of the
industry. Shares are down 32.6% year to date as of the close of trading on Tuesday.
Griffon Corporation, through its subsidiaries, operates as a manufacturing company. The company's Telephonics segment specializes in advanced electronic information and communication systems for defense, aerospace, civil, industrial, and commercial applications.
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TheStreet Ratings rates Griffon as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full