Granite Declares Quarterly Dividend

Rhea-AI Summary

Granite Construction announced a quarterly cash dividend of $0.13 per common share.

The dividend is payable on July 15, 2024, to shareholders of record at the close of business on June 28, 2024.

Positive

• Quarterly cash dividend declared at $0.13 per common share.
• Dividend payable on July 15, 2024, providing a return to shareholders.
• Record date for shareholders to be eligible for the dividend is June 28, 2024, indicating clear timelines.

Negative

• Dividend amount of $0.13 per share may be considered modest by some investors.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2024, to all shareholders of record at the close of business on June 28, 2024.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605213489/en/

Media

Erin Kuhlman, 831-768-4111

or

Investors

Wenjun Xu, 831-761-7861

Source: Granite Construction Incorporated

FAQ

What is the dividend declared by Granite Construction?

Granite Construction declared a quarterly cash dividend of $0.13 per common share.

When is the dividend payout date for Granite Construction?

The dividend payout date is July 15, 2024.

What is the record date for Granite Construction's dividend?

The record date is June 28, 2024.

What is the stock symbol for Granite Construction?

The stock symbol for Granite Construction is GVA.