Graham Corporation announced that its Board of Directors has declared a 100% increase in the company's regular quarterly dividend. The quarterly dividend has been doubled to $0.08 per share from $0.04 per share. The annual dividend rate has accordingly been increased to $0.32 per share.

The announced quarterly dividend is payable on March 4, 2015 to stockholders of record at the close of business on February 18, 2015.