Granite Construction Declares Quarterly Dividend

Granite Construction Incorporated (NYSE:GVA) announced today that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2014, to all shareholders of record at the close of business on June 30, 2014.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE:GVA) is one of the nation's largest U.S. infrastructure companies. Incorporated in 1922, Granite serves public- and private-sector clients on projects both small and large. Granite's project teams represent some of the best in the industry serving owners in the transportation, power, federal, tunneling, underground, and industrial/mining and water resources markets.

In 2014, the Company was recognized by the Ethisphere Institute as one of the World's Most Ethical Companies for the fifth consecutive year. For more information, please visit www.graniteconstruction.com. Granite is listed on the New York Stock Exchange under the ticker symbol GVA and is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell 2000 Index. For more information, please visit our investor relations website at investor.graniteconstruction.com.

Contacts:

Granite Construction Incorporated
Ronald Botoff, 831-728-7532

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