Granite Construction Incorporated (GVA) Dividends
Dividend Yield and Dividend History Highlights
- In terms of debt burden relative to earnings, GVA has an EBITDA to net debt ratio of -20,290,000, ranking above just 0.8% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- GVA's free cash flow has decreased for the 6th straight quarter.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with GVA that may be suitable potential portfolio mates: YY, FENG, TAK, NWFL and COR.
GVA Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $39.61 | $15.08 | -54.14% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of GVA, the DDM model, as implemented by StockNews, implies a negative return of 54.14% relative to its current price. Digging deeper, the aspects of Granite Construction Inc's dividend discount model that we found most interesting were:
- In terms of opportunity, GVA's provides a return of -54.14% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 29.32% of all stocks we measured with our dividend discount model.
- Based on dividend growth rate, GVA boasts a higher growth rate in terms of its annual cash distributed to its owners than 31.1% of the dividend issuers in our set.
GVA Dividend Chart
GVA Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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GVA Dividends vs. Peers
GVA's dividend yield currently ranks #7 of 119 vs. its peers in the Industrial - Services category.
Looking for More Information on GVA dividends?
Want to do more research on Granite Construction Inc's dividends? Try the links below:Granite Construction Inc Common Stock (GVA) Dividend History | Nasdaq
Dividend History for Granite Construction Inc (GVA) - Dividend Investor
Granite Construction Inc (GVA) Dividend History - Seeking Alpha