Griffon Declares Quarterly Dividend
Increases Payout 25%
NEW YORK -- November 13, 2012
The Board of Directors of Griffon Corporation (NYSE: GFF) declared a regular
quarterly cash dividend of $0.025 per share, an increase of 25%. The dividend
is payable on December 26, 2012 to shareholders of record as of the close of
business on November 29, 2012.
About Griffon Corporation
Griffon Corporation (the “Company” or “Griffon”), is a diversified management
and holding company that conducts business through wholly-owned subsidiaries.
Griffon oversees the operations of its subsidiaries, allocates resources among
them and manages their capital structures. Griffon provides direction and
assistance to its subsidiaries in connection with acquisition and growth
opportunities as well as in connection with divestitures. Griffon also seeks
out, evaluates and, when appropriate, will acquire additional businesses that
offer potentially attractive returns on capital to further diversify itself.
Griffon currently conducts its operations through Ames True Temper (“ATT”),
Clopay Building Products (“CBP”), Telephonics Corporation (“Telephonics”) and
Clopay Plastic Products Company (“Plastics”). CBP and ATT comprise the Home &
Building Products operating segment.
*Home & Building Products is a leading manufacturer and marketer of
residential, commercial and industrial garage doors to professional
installing dealers and major home center retail chains, as well as a
global provider of non-powered landscaping products that make work easier
for homeowners and professionals.
*Telephonics designs, develops and manufactures high-technology, integrated
information, communication and sensor system solutions for use in military
and commercial markets worldwide.
*Plastics is an international leader in the development and production of
embossed, laminated and printed specialty plastic films used in a variety
of hygienic, health-care and industrial applications.
For more information on Griffon and its operating subsidiaries, please see the
Company’s website at www.griffoncorp.com.
Douglas J. Wetmore, 212-957-5000
Chief Financial Officer
Anthony Gerstein, 646-277-1242
Senior Vice President
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