Kiewealth: Contracting Giant Delivers Value and Bonuses
Need a reliable dividend stock? That's what employee-shareholders own at Peter Kiewit Sons' Inc. The contractor's stock has outperformed both the S&P 500 and the stocks of other heavy construction firms since 1999, growing in value at the same time Kiewit pays out significant dividends.
On May 2nd, Peter Kiewit Sons' CEO Bruce E. Grewcock informed the company's employee shareholders that Kiewit's directors had voted to pay a cash dividend of 50 cents per share. That's up from the 45 cents per share dividends paid in January and May, 2004. The company paid a 40 cents per share dividend in January, 2004. The dividends are further evidence that Kiewit remains a standout wealth machine for employee shareholders, including top executives. Click here to view chart