Granite Construction Dividend
Dividend criteria checks 3/6
Granite Construction is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
48%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.81 |
Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRG's dividends per share have been stable in the past 10 years.
Growing Dividend: GRG's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Granite Construction Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GRG) | 0.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Construction) | 3.9% |
Analyst forecast in 3 Years (GRG) | 0.9% |
Notable Dividend: GRG's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: GRG's dividend (0.91%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.1%), GRG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.7%), GRG's dividend payments are thoroughly covered by cash flows.