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Graham Holdings (GHC) will raise its quarterly dividend to $1.27 per share.

The increased dividend will payable on February 15, 2017, to shareholders of record on February 1, 2017.

Graham Holdings Company is a diversified education and media company. Its operations include educational services (Kaplan), television broadcasting, news (online, print and local television), social-media advertising services, home health and hospice care and manufacturing.