Granite Construction Dividends
GVA Stock | USD 72.42 0.72 0.98% |
The current year's Dividend Paid And Capex Coverage Ratio is expected to grow to 3.01, whereas Dividends Paid is forecasted to decline to about 19.4 M. Granite Construction's past performance could be the main factor of why investors trade Granite Construction Incorporated stock today. Investors should clearly understand every aspect of the Granite Construction dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Granite Construction's dividend schedule and payout information. Granite Construction Incorporated dividends can also provide a clue to the current valuation of Granite Construction.
Number Of Dividends | Years Issued 35 | Previous Year 4 Times | Current Year 4 Times | Year Average 4 | Volatility 0.24 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 22.8 M | 19.4 M | |
Dividend Yield | 0.01 | 0.01 | |
Dividend Payout Ratio | 0.18 | 0.15 | |
Dividend Paid And Capex Coverage Ratio | 2.87 | 3.01 |
Granite |
Investing in dividend-paying stocks, such as Granite Construction Incorporated is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Granite Construction must own a stock before its ex-dividend date to receive its next dividend.
Granite Construction Dividends Paid Over Time
Today, most investors in Granite Construction Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Granite Construction's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Granite Construction dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
Timeline |
Granite Construction Historical Dividend Yield Growth
A solid dividend growth pattern of Granite Construction could indicate future dividend growth is likely, which can signal long-term profitability for Granite Construction Incorporated. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Granite Construction Incorporated dividend as a percentage of Granite Construction stock price. Granite Construction dividend yield is a measure of Granite Construction stock productivity, which can be interpreted as interest rate earned on an Granite Construction investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Granite Construction Dividends Paid (per share)
Dividends Paid |
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Granite Construction Past Distributions to stockholders
15th of October 2024 | ||
15th of July 2024 | ||
15th of April 2024 | ||
12th of January 2024 | ||
13th of October 2023 | ||
14th of July 2023 | ||
14th of April 2023 |
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Construction. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.396 | Dividend Share 0.52 | Earnings Share 2.62 | Revenue Per Share | Quarterly Revenue Growth 0.047 |
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.