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GRANITE DECLARES QUARTERLY DIVIDEND

 WATSONVILLE, Calif., Sept. 2 /PRNewswire/ -- Granite Construction Inc. (NASDAQ-NMS: 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 Oct. 22, 1993, to stockholders of record Sept. 30, 1993.
 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 is traded in the NASDAQ-National Market System under the symbol GCCO.
 -0- 9/2/93
 /CONTACT: Michael Lawson, media and investor relations manager of Granite Construction, 408-761-4717/
 (GCCO)


CO: Granite Construction Inc. ST: California IN: CST SU: DIV

TM-LH -- SJ004 -- 8240 09/02/93 08:30 EDT
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Publication:PR Newswire
Date:Sep 2, 1993
Words:120
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