The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista.I will select its eighth stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the second of five industrial sector stock candidates vying to be that eighth selection and second industrial member of the Vista portfolio.

My subject today is a small cap engineering and construction company, Granite Construction Inc. Its trading ticker symbol is GVA. This is my first report on Granite Construction Inc. for this Vista dog of the week portfolio or any of my other five. 

• Granite Construction Inc delivers infrastructure solutions for public and private clients in North America. 
• It primarily focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. 
• In addition, the company performs site preparation and infrastructure services for residential development, energy progress, and other facilities. 
• Granite has three operating segments: construction, large project construction, and construction materials. It owns and leases various plant facilities to produce construction materials to sell to third parties, and for internal use. 
• The company is one of the largest diversified heavy civil contractors and construction materials producers in the United States.

Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.

I use three key data points to gauge dividend equities or funds like Granite Construction Inc. (GVA):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

GVA Price

Granite's price per share closed at $19.60 yesterday. A year ago its price was $26.25. Price fell by $6.65 or over 25.33% last year.

If Granite's stock trades in the range of $10 to $25 this next year, its recent $19.60 price might rise by $1.40 to reach $21.00 by October 27, 2021. 

GVA Dividends

Granite's most recently declared quarterly dividend was $0.13 paid on October 15th. Dividends are estimated to total $0.52 per share annually and yield 2.65% at yesterday's $19.60 closing price.

GVA Gains?

Adding the $0.52 annual anticipated dividend to my $1.40 optimistic estimate of GVA's price upside shows a $1.92 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little under $1,000.00 today in Granite Construction Inc. at $19.60, and we would buy 51 shares of GVA stock.

A $10 broker fee paid half at purchase and half at the sale would cost us about $0.20 per share.

Subtract that $0.20 brokerage cost from my estimated $1.92 gross gain per share results in a net gain of $1.72 X 51 shares = $87.72 for an 8.78% net gain on a $999.60 investment.

So it goes that Granite Construction Inc. (GVA) shows a possible 8.78% net gain including a 2.65% dividend yield. It could be more, it could be less.  

All of the estimates above are speculation based on the past history of Granite Construction Inc. (GVA). Only time and money invested in this stock will determine its worth.