Graham Holdings (GHC) will raise its quarterly dividend by 4.5 percent to $1.39 per share in the first quarter of 2019. This marks the 4th consecutive year of annual dividend increases by the education and media company.
The next dividend is payable on February 21, 2019, to shareholders of record on February 7, 2019. A new annualized dividend rate of $5.56 per share yields 0.8% at a stock price of $664.18.
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.