Granite Construction (GVA) Declares $0.13 Quarterly Dividend; 1.7% Yield

November 5, 2009 5:43 PM EST

Granite Construction Incorporated (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share, or $0.52 annualized.

The dividend is payable January 15, 2010 for stockholders of record December 31, 2009. The ex-dividend date is December 29, 2009.

Yield on the dividend is 1.7%.

Granite Construction Incorporated, together with its subsidiaries, operates as a heavy civil construction contractor and a construction materials producer for public and private sector clients in the United States.

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