Grace Announces Quarterly Dividend
Rhea-AI Summary
W. R. Grace & Co. (NYSE:GRA) has declared a quarterly cash dividend of $0.30 per common share. This dividend is set to be paid on December 9, 2020, to shareholders of record by the close of business on November 18, 2020. Grace is recognized as a leading global specialty chemical company, operating two main segments: Catalysts Technologies and Materials Technologies, with a workforce of approximately 4,000 employees across over 60 countries.
Positive
- Quarterly cash dividend of $0.30 per share enhances shareholder income.
- Dividend payment reflects company confidence in financial stability.
Negative
- None.
News Market Reaction – GRA
In the trading session that priced this news, GRA declined 8.58%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
COLUMBIA, Md., Oct. 28, 2020 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it has declared a quarterly cash dividend of
About Grace
Built on talent, technology, and trust, Grace is a leading global specialty chemical company. The company’s two industry-leading business segments—Catalysts Technologies and Materials Technologies—provide innovative products, technologies, and services that enhance the products and processes of our customers around the world. With approximately 4,000 employees, Grace operates and/or sells to customers in over 60 countries. More information about Grace is available at grace.com.
Media Relations
Rich Badmington
T +1 410.531.4370
rich.badmington@grace.com
Investor Relations
Jeremy Rohen
+1 410.531.8234
jeremy.rohen@grace.com