Please ensure Javascript is enabled for purposes of website accessibility

Graco Declares Fresh Dividend

By Eric Volkman - Sep 20, 2013 at 9:30PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The company matches its previous payout.

Graco (GGG 1.56%) has decided not to veer from its existing dividend policy. The company has declared its latest quarterly common stock distribution, which is to be $0.25 per share paid on November 6 to shareholders of record as of October 21. That amount matches each of the firm's three preceding payouts, the most recent of which was dispensed at the beginning of August. Prior to that, Graco handed out slightly less, at $0.225 per share.

The firm has been a consistent dividend payer over the years. Since the beginning of 2009, its disbursement has climbed steadily from $0.19 to the present level.

The just-declared dividend annualizes to an even $1.00 per share. That yields 1.4% at Graco's most recent closing stock price of $73.46.

Fool contributor Eric Volkman has no position in Graco. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Graco Inc. Stock Quote
Graco Inc.
GGG
$69.71 (1.56%) $1.07

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
400%
 
S&P 500 Returns
128%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/15/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.