Great Lakes Dredge & Dock Corporation
GLDDGreat Lakes Dredge & Dock Corporation (GLDD) is a leading provider of dredging services in the United States, specializing in dredging for navigation, waterfront construction, beach nourishment, and environmental projects. Founded in 1890, the company has a long history of supporting infrastructure development and maintaining waterways, leveraging a diverse fleet of dredges and equipment to serve government agencies and commercial clients.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 28, 2012 | $0.25 | 2012-12-19 | 2012-12-21 |
| September 14, 2012 | $0.02 | 2012-09-05 | 2012-09-07 |
| June 15, 2012 | $0.02 | 2012-06-06 | 2012-06-08 |
| March 16, 2012 | $0.02 | 2012-03-07 | 2012-03-09 |
| December 16, 2011 | $0.02 | 2011-12-07 | 2011-12-09 |
Dividends Summary
- Consistent Payer: Great Lakes Dredge & Dock Corporation has rewarded shareholders with 21 dividend payments over the past 5 years.
- Total Returned Value: Investors who held GLDD shares during this period received a total of $0.61 per share in dividend income.
- Latest Payout: The most recent dividend of $0.25/share was paid 4774 days ago, on December 28, 2012.
- Dividend Growth: Since 2007, the dividend payout has grown by 1370.6%, from $0.02 to $0.25.
- Dividend Reliability: GLDD has maintained or increased its dividend for 21 consecutive payments.
Company News
Great Lakes Dredge & Dock Corporation will release its Q3 2025 financial results on November 4, 2025, at 7:00 a.m. CDT, followed by a conference call at 9:00 a.m. CDT for investors and analysts.
Great Lakes Dredge & Dock reported strong Q2 2025 financial performance, with revenue of $193.8 million, exceeding analyst estimates. The company saw growth in capital projects, maintained a robust $1.0 billion backlog, and continues to invest in fleet expansion, particularly in offshore wind and energy markets.
Great Lakes Dredge & Dock Corporation will release its Q2 2025 financial results on August 5, 2025, at 7:00 a.m. CDT, followed by a conference call at 9:00 a.m. CDT for investors and analysts.
The dredging market is expected to grow from $12.84 billion in 2024 to $15.89 billion in 2029, driven by factors such as government infrastructure spending, trade route expansion, and rising demand in the oil and gas industry.
Great Lakes Dredge & Dock Corporation reported strong financial results for the fourth quarter and full year 2024, with record revenue, net income, and Adjusted EBITDA. The company's dredging backlog stood at $1.2 billion at the end of 2024, providing good visibility into future revenue.
