Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 18 dredges, 17 material transportation barges, 1 drillboat, and various other support vessels. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.
Great Lakes Dredge & Dock Dividend Announcement
• Great Lakes Dredge & Dock announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2012-12-28. Ex dividend date: 2012-12-19
• Great Lakes Dredge & Dock's trailing twelve-month (TTM) dividend yield is -%
Great Lakes Dredge & Dock Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2012-12-19 | $0.25 | quarterly | 2012-12-28 |
2012-09-05 | $0.02 | quarterly | 2012-09-14 |
2012-06-06 | $0.02 | quarterly | 2012-06-15 |
2012-03-07 | $0.02 | quarterly | 2012-03-16 |
2011-12-07 | $0.02 | quarterly | 2011-12-16 |
2011-09-07 | $0.02 | quarterly | 2011-09-16 |
2011-06-08 | $0.02 | quarterly | 2011-06-17 |
2011-03-09 | $0.02 | quarterly | 2011-03-18 |
2010-12-08 | $0.02 | quarterly | 2010-12-17 |
2010-09-08 | $0.02 | quarterly | 2010-09-17 |
2010-06-09 | $0.02 | quarterly | 2010-06-18 |
2010-03-10 | $0.02 | quarterly | 2010-03-19 |
2009-12-09 | $0.02 | quarterly | 2009-12-18 |
2009-09-09 | $0.02 | quarterly | 2009-09-18 |
2009-06-09 | $0.02 | quarterly | 2009-06-19 |
2009-03-20 | $0.02 | quarterly | 2009-03-31 |
2008-12-08 | $0.02 | quarterly | 2008-12-19 |
2008-09-04 | $0.02 | quarterly | 2008-09-19 |
2008-06-12 | $0.02 | quarterly | 2008-06-25 |
2008-02-14 | $0.02 | quarterly | 2008-03-12 |
2007-11-15 | $0.02 | quarterly | 2007-12-12 |
Great Lakes Dredge & Dock Dividend per year
Great Lakes Dredge & Dock Dividend growth
Great Lakes Dredge & Dock Dividend Yield
Great Lakes Dredge & Dock current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Great Lakes Dredge & Dock stock? Use our calculator to estimate your expected dividend yield:
Great Lakes Dredge & Dock Financial Ratios
Great Lakes Dredge & Dock Dividend FAQ
Other factors to consider when evaluating Great Lakes Dredge & Dock 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.
Place an order: Use the brokerage's trading platform to place an order to buy Great Lakes Dredge & Dock 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.
1. Determination of Dividend: Great Lakes Dredge & Dock'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, Great Lakes Dredge & Dock 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, Great Lakes Dredge & Dock 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 Great Lakes Dredge & Dock 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. Record Date: Great Lakes Dredge & Dock 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, Great Lakes Dredge & Dock distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Great Lakes Dredge & Dock 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.
To assess the safety of Great Lakes Dredge & Dock'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 Great Lakes Dredge & Dock'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.