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BATAVIA, NY, January 28, 2016 – Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, announced that its Board of Directors, at its regular meeting, declared a quarterly cash dividend of $0.09 per common share, reflecting a $0.01 increase. The annual dividend rate has accordingly been increased to $0.36 per share, from $0.32.
The dividend will be payable on February 25, 2016 to stockholders of record at the close of business on February 11, 2016. Graham has approximately 9.8 million shares of its common stock outstanding.
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