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Granite Construction (Granite Construction) Dividend Payout Ratio : 0.16 (As of Dec. 2023)


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What is Granite Construction Dividend Payout Ratio?

Granite Construction's dividend payout ratio for the months ended in Dec. 2023 was 0.16.

The historical rank and industry rank for Granite Construction's Dividend Payout Ratio or its related term are showing as below:

GVA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.58   Max: 2.48
Current: 0.17


During the past 13 years, the highest Dividend Payout Ratio of Granite Construction was 2.48. The lowest was 0.17. And the median was 0.58.

GVA's Dividend Payout Ratio is ranked better than
81.81% of 830 companies
in the Construction industry
Industry Median: 0.345 vs GVA: 0.17

As of today (2024-04-26), the Dividend Yield % of Granite Construction is 0.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Granite Construction was 4.28%. The lowest was 0.77%. And the median was 1.35%.

Granite Construction's Dividends per Share for the months ended in Dec. 2023 was $0.13.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Granite Construction was 35.60% per year. The lowest was 2.40% per year. And the median was 12.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Granite Construction Dividend Payout Ratio Historical Data

The historical data trend for Granite Construction's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Granite Construction Dividend Payout Ratio Chart

Granite Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.52 2.48 0.35 0.40

Granite Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 - 0.13 0.08 0.16

Competitive Comparison of Granite Construction's Dividend Payout Ratio

For the Engineering & Construction subindustry, Granite Construction's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite Construction's Dividend Payout Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Granite Construction's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Granite Construction's Dividend Payout Ratio falls into.



Granite Construction Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Granite Construction's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.52/ 1.311
=0.40

Granite Construction's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.13/ 0.82
=0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Granite Construction (NYSE:GVA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Granite Construction Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Granite Construction's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Granite Construction (Granite Construction) Business Description

Traded in Other Exchanges
Address
585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.
Executives
Bradley Jay Williams officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Kyle T Larkin officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Staci M Woolsey officer: Chief Accounting Officer 4875 S FRANKLIN ST, CHERRY HILLS VILLAGE CO 80113
Louis E Caldera director C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237
Laura M Mullen director C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Brian R Dowd officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Lisa Curtis officer: CAO & VP, Investor Relations 3200 SOUTHWEST FREEWAY, SUITE 2950, HOUSTON TX 77027
James A Radich officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Michael G Tatusko officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Desai Jigisha officer: Senior Vice President & CFO C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Claes Bjork director GRANITE CONSTRUCTION INCORPORATED, PO BOX 50085, WATSONVILLE CA 95077-5085
Patricia D Galloway director C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
James Hildebrand Roberts director, officer: Director, President & CEO PO BOX 50085, WATSONVILLE CA 95077-5085
David H Kelsey director C/O OGLEBAY NORTON CO, 1100 SUPERIOR AVENUE, CLEVELAND OH 44114-2598
Molly Campbell director 135 N. LOS ROBLES AVE 7TH FLR, PASADENA CA 91101