Griffin Announces 2019 Annual Dividend
GRIFFIN LAND & NURSERIES (GRIF)
US:NASDAQ Investor Relations:
griffinindustrial.com
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that its Board of Directors has declared an annual cash dividend of $0.50 per share on Griffin’s common stock, representing an increase of $0.05 per share from the annual cash dividend paid in December 2018. The dividend is payable on December 16, 2019 to stockholders of record at the close of business on December 6, 2019. The Board’s decision to declare an annual dividend this fiscal year was based on Griffin’s expected operating results for the fiscal year ending November 30, 2019. Prospectively, Griffin expects to continue to consider the payment of an annual dividend late in the fiscal year based on that fiscal year’s results and cash flows and Griffin’s estimated future cash requirements. Forward-Looking Statements: This Press Release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section
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