Grace Reports First Quarter 2016 Results

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Grace (GRA) Declares $0.17 Quarterly Dividend; 0.9% Yield

April 27, 2016 6:11 AM UTC

Grace (NYSE: GRA) declared a quarterly dividend of $0.17 per share, or $0.68 annualized.

The dividend will be payable on June 9, 2016, to stockholders of record on May 19, 2016, with an ex-dividend date of May 17, 2016.

The annual yield on the dividend is 0.9 percent.

For a... More

Grace (GRA) Posts Q1 GAAP Loss of 4c/Share

April 27, 2016 6:10 AM UTC

Grace (NYSE: GRA) reported Q1 EPS of ($0.04), $0.58 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $362.8 million versus the consensus estimate of $396 million.

This net loss includes approximately $40 million of after tax costs related to the separation of... More