Granite Declares Quarterly Dividend

Rhea-AI Summary

Granite Construction Incorporated (NYSE: GVA) announced a quarterly cash dividend of $0.13 per common share, payable on April 14, 2023, to shareholders of record by the close of business on March 31, 2023. This dividend highlights the company's commitment to returning value to its shareholders, reinforcing its position as a significant player in America’s construction sector. Granite continues to uphold strong ethical standards and is recognized for its leadership in safety, quality, and sustainability, with a rich history dating back to 1922. For more details, visit graniteconstruction.com.

Positive

• Quarterly cash dividend of $0.13 per share declared.
• Dividend payment date set for April 14, 2023, enhancing shareholder value.

Negative

• None.

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 April 14, 2023, to all shareholders of record at the close of business on March 31, 2023.

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/20230324005219/en/

Media

Erin Kuhlman, 831-768-4111

or

Investors

Wenjun Xu, 831-761-7861

Source: Granite Construction Incorporated

FAQ

What is the dividend amount for Granite Construction in 2023?

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

When is the Granite Construction dividend payable?

The dividend is payable on April 14, 2023.

What is the record date for the dividend payment from Granite Construction?

The record date for the dividend payment is March 31, 2023.

How often does Granite Construction pay dividends?

Granite Construction typically pays dividends quarterly, as indicated in their announcement.