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graco announces quarterly dividend and updates on stock performance
Graco Inc. will distribute a dividend of $0.275 per share to stockholders of record on April 14th, reflecting an annualized dividend of $1.10 and a yield of 1.31%. The company has a dividend payout ratio of 39.01%. Analysts maintain a consensus "Hold" rating, with a target price of $93.00, while recent earnings showed a miss against expectations.
north america fluid handling services market projected to reach 3.5 billion by 2033
The North American fluid handling services market is projected to grow from $2.10 billion in 2023 to $3.5 billion by 2033, with a CAGR of 5.24%. Key drivers include the increasing demand for filtration and pumping services across industries such as oil & gas, chemicals, and pharmaceuticals, while challenges include high initial costs and a shortage of skilled labor.
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