Granite Construction Dividend
What is Granite Construction current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.52 | 2 |
| 12/31/2023 | 0.52 | 2 |
| 1/30/2023 | 0.52 | 1.25 |
| 12/12/2022 | 0.52 | 1.41 |
| 9/17/2022 | 0.52 | 1.69 |
| 6/11/2022 | 0.52 | 1.75 |
| 2/7/2022 | 0.52 | 1.62 |
| 12/8/2021 | 0.52 | 1.39 |
| 9/15/2021 | 0.52 | 1.3 |
| 6/1/2021 | 0.52 | 1.31 |
| 3/12/2021 | 0.52 | 1.33 |
| 12/10/2020 | 0.52 | 1.65 |
| 9/10/2020 | 0.52 | 2.54 |
| 6/11/2020 | 0.52 | 2.82 |
| 3/26/2020 | 0.52 | 3.23 |
| 12/4/2019 | 0.52 | 2.37 |
| 9/13/2019 | 0.52 | 1.78 |
| 6/6/2019 | 0.52 | 1.46 |
| 2/6/2019 | 0.52 | 1.17 |
| 12/13/2018 | 0.52 | 1.24 |
| 9/12/2018 | 0.52 | 1.12 |
| 6/7/2018 | 0.52 | 1.02 |
| 2/6/2018 | 0.52 | 0.91 |
| 12/7/2017 | 0.52 | 0.8 |
| 9/13/2017 | 0.52 | 0.85 |
| 6/8/2017 | 0.52 | 1.03 |
| 2/9/2017 | 0.52 | 1.03 |
| 12/8/2016 | 0.52 | 0.93 |
| 9/8/2016 | 0.52 | 1.04 |
| 6/9/2016 | 0.52 | 1.1 |
| 2/11/2016 | 0.52 | 1.2 |
| 12/12/2015 | 0.52 | 1.31 |
| 9/10/2015 | 0.52 | 1.49 |
| 6/4/2015 | 0.52 | 1.5 |
| 2/5/2015 | 0.52 | 1.47 |
| 12/19/2014 | 0.52 | 1.44 |
| 9/11/2014 | 0.52 | 1.51 |
| 6/5/2014 | 0.52 | 1.48 |
| 2/7/2014 | 0.52 | 1.41 |
| 12/19/2013 | 0.52 | 1.52 |
| 9/12/2013 | 0.52 | 1.68 |
| 6/5/2013 | 0.52 | 1.73 |
| 1/17/2013 | 0.52 | 1.65 |
| 8/9/2012 | 0.52 | 1.74 |
| 5/23/2012 | 0.52 | 2.12 |
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.