Granite Construction Incorporated

NYSE:GVA Stock Report

Mkt Cap: US$1.8b

Granite Construction Dividend

What is Granite Construction current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.25%

Current Dividend Yield

Dividend Yield vs Market

Granite Construction Dividend Yield vs Market
How does GVA dividend yield compare to the market?
SegmentDividend Yield
Company (GVA)1.3%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.3%
Industry Average (Construction)0.7%
Analyst forecast in 3 Years (GVA)1.3%

Notable Dividend: GVA's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).

High Dividend: GVA's dividend (1.25%) is low compared to the top 25% of dividend payers in the US market (4.29%).


Stability and Growth of Payments

How stable has Granite Construction's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.522
12/31/20230.522
1/30/20230.521.25
12/12/20220.521.41
9/17/20220.521.69
6/11/20220.521.75
2/7/20220.521.62
12/8/20210.521.39
9/15/20210.521.3
6/1/20210.521.31
3/12/20210.521.33
12/10/20200.521.65
9/10/20200.522.54
6/11/20200.522.82
3/26/20200.523.23
12/4/20190.522.37
9/13/20190.521.78
6/6/20190.521.46
2/6/20190.521.17
12/13/20180.521.24
9/12/20180.521.12
6/7/20180.521.02
2/6/20180.520.91
12/7/20170.520.8
9/13/20170.520.85
6/8/20170.521.03
2/9/20170.521.03
12/8/20160.520.93
9/8/20160.521.04
6/9/20160.521.1
2/11/20160.521.2
12/12/20150.521.31
9/10/20150.521.49
6/4/20150.521.5
2/5/20150.521.47
12/19/20140.521.44
9/11/20140.521.51
6/5/20140.521.48
2/7/20140.521.41
12/19/20130.521.52
9/12/20130.521.68
6/5/20130.521.73
1/17/20130.521.65
8/9/20120.521.74
5/23/20120.522.12

Stable Dividend: GVA's dividends per share have been stable in the past 10 years.

Growing Dividend: GVA's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.6%), GVA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: GVA is paying a dividend but the company has no free cash flows.


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