Granite Construction Incorporated Dividends
The next dividend date for Granite Construction Incorporated has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Granite Construction Incorporated (GVA)
More About Granite Construction Incorporated
Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment is involved in the production of aggregates, asphalt concrete, liquid asphalt, and recycled materials production for internal use in construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.
Owning Granite Construction Incorporated Stock on the Dividend Date
If you own Granite Construction Incorporated stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Granite Construction Incorporated stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Granite Construction Incorporated stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Granite Construction Incorporated stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Granite Construction Incorporated dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Granite Construction Incorporated Dividends
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