Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The company's Process segment offers pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. The company's Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.
Graco Dividend Announcement
• Graco announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-21
• Graco annual dividend for 2024 was $1.02
• Graco annual dividend for 2023 was $0.94
• Graco's trailing twelve-month (TTM) dividend yield is 1.45%
• Graco's payout ratio for the trailing twelve months (TTM) is 34.60%
• Graco's dividend growth over the last five years (2018-2023) was 12.14% year
• Graco's dividend growth over the last ten years (2013-2023) was -0.62% year
Graco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | $0.26 | quarterly | 2024-11-06 |
2024-07-22 | $0.26 | quarterly | 2024-08-07 |
2024-04-12 | $0.26 | quarterly | 2024-05-01 |
2024-01-19 | $0.26 | quarterly | 2024-02-07 |
2023-10-13 | $0.23 | quarterly | 2023-11-01 |
2023-07-14 | $0.23 | quarterly | 2023-08-02 |
2023-04-14 | $0.23 | quarterly | 2023-05-03 |
2023-01-17 | $0.23 | quarterly | 2023-02-01 |
2022-10-14 | $0.21 | quarterly | 2022-11-02 |
2022-07-15 | $0.21 | quarterly | 2022-08-03 |
2022-04-14 | $0.21 | quarterly | 2022-05-04 |
2022-01-14 | $0.21 | quarterly | 2022-02-02 |
2021-10-15 | $0.19 | quarterly | 2021-11-03 |
2021-07-16 | $0.19 | quarterly | 2021-08-04 |
2021-04-16 | $0.19 | quarterly | 2021-05-05 |
2021-01-15 | $0.19 | quarterly | 2021-02-03 |
2020-10-16 | $0.17 | quarterly | 2020-11-04 |
2020-07-17 | $0.17 | quarterly | 2020-08-05 |
2020-04-17 | $0.17 | quarterly | 2020-05-06 |
2020-01-17 | $0.17 | quarterly | 2020-02-05 |
2019-10-18 | $0.16 | quarterly | 2019-11-06 |
2019-07-19 | $0.16 | quarterly | 2019-08-07 |
2019-04-12 | $0.16 | quarterly | 2019-05-01 |
2019-01-18 | $0.16 | quarterly | 2019-02-06 |
2018-10-19 | $0.13 | quarterly | 2018-11-07 |
2018-07-12 | $0.13 | quarterly | 2018-08-01 |
2018-04-13 | $0.13 | quarterly | 2018-05-02 |
2018-01-19 | $0.13 | quarterly | 2018-02-07 |
2017-10-13 | $0.36 | quarterly | 2017-11-01 |
2017-07-13 | $0.36 | quarterly | 2017-08-02 |
2017-04-12 | $0.36 | quarterly | 2017-05-03 |
2017-01-12 | $0.36 | quarterly | 2017-02-01 |
2016-10-13 | $0.33 | quarterly | 2016-11-02 |
2016-07-14 | $0.33 | quarterly | 2016-08-03 |
2016-04-14 | $0.33 | quarterly | 2016-05-04 |
2016-01-14 | $0.33 | quarterly | 2016-02-03 |
2015-10-15 | $0.30 | quarterly | 2015-11-04 |
2015-07-16 | $0.30 | quarterly | 2015-08-05 |
2015-04-16 | $0.30 | quarterly | 2015-05-06 |
2015-01-15 | $0.30 | quarterly | 2015-02-04 |
2014-10-16 | $0.28 | quarterly | 2014-11-05 |
2014-07-17 | $0.28 | quarterly | 2014-08-06 |
2014-04-16 | $0.28 | quarterly | 2014-05-07 |
2014-01-16 | $0.28 | quarterly | 2014-02-05 |
2013-10-17 | $0.25 | quarterly | 2013-11-06 |
2013-07-18 | $0.25 | quarterly | 2013-08-07 |
2013-04-11 | $0.25 | quarterly | 2013-05-01 |
2013-01-17 | $0.25 | quarterly | 2013-02-06 |
Graco Dividend per year
Graco Dividend growth
Graco Dividend Yield
Graco current trailing twelve-month (TTM) dividend yield is 1.45%. Interested in purchasing Graco stock? Use our calculator to estimate your expected dividend yield:
Graco Financial Ratios
Graco Dividend FAQ
Other factors to consider when evaluating Graco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Graco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Graco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Graco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Graco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Graco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Graco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Graco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Graco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Graco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.