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GRANITE DECLARES QUARTERLY DIVIDEND

 GRANITE DECLARES QUARTERLY DIVIDEND
 WATSONVILLE, Calif., Dec. 23 /PRNewswire/ -- Granite Construction


Inc. (NASDAQ: GCCO) announced today that its board of directors has declared a regular quarterly cash dividend of 5 cents per common share on the company's common stock. The dividend is payable on Jan. 17, 1992, to stockholders of record Dec. 30, 1991.
 Granite Construction is a heavy civil contractor engaged in the construction of highways, airports, mass transit systems and other infrastructure-related projects. The company's stock is traded in the NASDAQ-National Market System under the symbol GCCO.
 -0- 12/23/91
 /CONTACT: Michael Lawson of Granite Construction Inc., 408-761-4717/
 (GCCO) CO: Granite Construction Inc. ST: California IN: CST SU: DIV


RM -- SJ001 -- 4756 12/23/91 10:21 EST
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Publication:PR Newswire
Date:Dec 23, 1991
Words:121
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