Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.
Granite Construction Dividend Announcement
• Granite Construction announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Granite Construction annual dividend for 2024 was $0.39
• Granite Construction annual dividend for 2023 was $0.52
• Granite Construction 's trailing twelve-month (TTM) dividend yield is 0.52%
• Granite Construction 's payout ratio for the trailing twelve months (TTM) is 25.81%
Granite Construction Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.13 | quarterly | 2024-10-15 |
| 2024-06-28 | $0.13 | quarterly | 2024-07-15 |
| 2024-03-27 | $0.13 | quarterly | 2024-04-15 |
| 2023-12-28 | $0.13 | quarterly | 2024-01-12 |
| 2023-09-28 | $0.13 | quarterly | 2023-10-13 |
| 2023-06-29 | $0.13 | quarterly | 2023-07-14 |
| 2023-03-30 | $0.13 | quarterly | 2023-04-14 |
| 2022-12-29 | $0.13 | quarterly | 2023-01-13 |
| 2022-09-29 | $0.13 | quarterly | 2022-10-14 |
| 2022-06-29 | $0.13 | quarterly | 2022-07-15 |
| 2022-03-30 | $0.13 | quarterly | 2022-04-14 |
| 2021-12-30 | $0.13 | quarterly | 2022-01-14 |
| 2021-09-29 | $0.13 | quarterly | 2021-10-15 |
| 2021-06-29 | $0.13 | quarterly | 2021-07-15 |
| 2021-03-30 | $0.13 | quarterly | 2021-04-15 |
| 2020-12-30 | $0.13 | quarterly | 2021-01-15 |
| 2020-09-29 | $0.13 | quarterly | 2020-10-15 |
| 2020-06-29 | $0.13 | quarterly | 2020-07-15 |
| 2020-03-30 | $0.13 | quarterly | 2020-04-15 |
| 2019-12-30 | $0.13 | quarterly | 2020-01-15 |
| 2019-09-27 | $0.13 | quarterly | 2019-10-15 |
| 2019-06-27 | $0.13 | quarterly | 2019-07-15 |
| 2019-03-28 | $0.13 | quarterly | 2019-04-15 |
| 2018-12-28 | $0.13 | quarterly | 2019-01-15 |
| 2018-09-27 | $0.13 | quarterly | 2018-10-12 |
| 2018-06-28 | $0.13 | quarterly | 2018-07-13 |
| 2018-03-28 | $0.13 | quarterly | 2018-04-13 |
| 2017-12-28 | $0.13 | quarterly | 2018-01-12 |
| 2017-09-28 | $0.13 | quarterly | 2017-10-13 |
| 2017-06-28 | $0.13 | quarterly | 2017-07-14 |
| 2017-03-29 | $0.13 | quarterly | 2017-04-14 |
| 2016-12-28 | $0.13 | quarterly | 2017-01-13 |
| 2016-09-28 | $0.13 | quarterly | 2016-10-14 |
| 2016-06-28 | $0.13 | quarterly | 2016-07-15 |
| 2016-03-29 | $0.13 | quarterly | 2016-04-15 |
| 2015-12-29 | $0.13 | quarterly | 2016-01-15 |
| 2015-09-28 | $0.13 | quarterly | 2015-10-15 |
| 2015-06-26 | $0.13 | quarterly | 2015-07-15 |
| 2015-03-27 | $0.13 | quarterly | 2015-04-15 |
| 2014-12-29 | $0.13 | quarterly | 2015-01-15 |
| 2014-09-26 | $0.13 | quarterly | 2014-10-15 |
| 2014-06-26 | $0.13 | quarterly | 2014-07-15 |
| 2014-03-27 | $0.13 | quarterly | 2014-04-15 |
| 2013-12-27 | $0.13 | quarterly | 2014-01-15 |
| 2013-09-26 | $0.13 | quarterly | 2013-10-15 |
| 2013-06-26 | $0.13 | quarterly | 2013-07-12 |
| 2013-03-26 | $0.13 | quarterly | 2013-04-15 |
Granite Construction Dividend per year
Granite Construction Dividend growth
Granite Construction Dividend Yield
Granite Construction current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Granite Construction stock? Use our calculator to estimate your expected dividend yield:
Granite Construction Financial Ratios
P/E ratio39.07
PEG ratio-7.37
P/B ratio4.30
ROE11.48%
Payout ratio25.81%
Current ratio1.56
Quick ratio1.46
Cash Ratio0.40
Granite Construction Dividend FAQ
How much is the next Granite Construction dividend?
Granite Construction 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Granite Construction dividend. The next Granite Construction dividend will be released in March, June, September, or December.
When is Granite Construction dividend paid?
Granite Construction pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Granite Construction pay?
The specific amount of Granite Construction dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Granite Construction 's dividend history.
Does Granite Construction stock pay dividends?
Yes, Granite Construction does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Granite Construction 's dividend history.
How much dividend does Granite Construction pay?
Granite Construction paid $0.39 in 2024, $0.52 in 2023, $0.52 in 2022, $0.52 in 2021, and $0.52 in 2020.
How often does Granite Construction pay dividends?
Granite Construction typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Granite Construction 's dividend yield?
The current dividend yield for Granite Construction is 0.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Granite Construction 's exact dividend yield.
When does Granite Construction go ex dividend?
Granite Construction 's ex-dividend date for the latest dividend was on 2024-09-30. Granite Construction typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Granite Construction dividend paid?
Granite Construction pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Granite Construction increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Granite Construction will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Granite Construction dividend per share?
Granite Construction paid $0.39 per share in 2024 and $0.52 per share in 2023. The amount of dividend per share that Granite Construction pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Granite Construction a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Granite Construction a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Granite Construction a dividend stock?
Yes, Granite Construction is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Granite Construction a good dividend stock?
Whether Granite Construction is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Granite Construction has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Granite Construction as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Granite Construction as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Granite Construction pay dividends monthly?
Granite Construction typically pays dividends on a quarterly basis.
Does Granite Construction pay dividends quarterly?
Granite Construction currently pays dividends on a quarterly basis.
Has Granite Construction ever paid a dividend?
Yes, Granite Construction has a history of paying dividends to its shareholders. Granite Construction is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Granite Construction dividend stocks?
To buy Granite Construction you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Granite Construction stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Granite Construction stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Granite Construction pay dividends 2024?
Granite Construction pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Granite Construction increase its dividend in 2024?
Decisions regarding Granite Construction dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Granite Construction dividend overview you can look into the above table of dividend history.
How Granite Construction dividend works?
The Granite Construction dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Granite Construction 's dividend process works:
1. Determination of Dividend: Granite Construction 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Granite Construction publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Granite Construction distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Granite Construction are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Granite Construction 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Granite Construction publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Granite Construction distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Granite Construction are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Granite Construction dividends paid?
Granite Construction dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Granite Construction sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Granite Construction distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Granite Construction declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Granite Construction sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Granite Construction distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Granite Construction declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Granite Construction pay dividends?
Granite Construction typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Granite Construction pay dividends?
The general pattern is that Granite Construction pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Granite Construction dividend safe?
The safety of Granite Construction 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Granite Construction 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Granite Construction 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Granite Construction 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Granite Construction 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.