Valmont Industries, Inc. (VMI) Ex-Dividend Date Scheduled for June 26, 2013


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Valmont Industries, Inc. ( VMI ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased VMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the prior quarter. At the current stock price of $136.42, the dividend yield is .73%.

The previous trading day's last sale of VMI was $136.42, representing a -17.29% decrease from the 52 week high of $164.93 and a 22.16% increase over the 52 week low of $111.67.

VMI is a part of the Capital Goods sector, which includes companies such as Precision Castparts Corporation ( PCP ) and National Oilwel Varcol, Inc. ( NOV ). VMI's current earnings per share, an indicator of a company's profitability, is $9.68. Zacks Investment Research reports VMI's forecasted earnings growth in 2013 as 23.05%, compared to an industry average of 9.3%.

For more information on the declaration, record and payment dates, visit the VMI Dividend History page.

Interested in gaining exposure to VMI through an Exchange Traded Fund [ETF]?
The following ETF(s) have VMI as a top-10 holding:

  • PowerShares Water Resource Port ( PHO )
  • PowerShares Global Water Portfolio ( PIO )
  • First Trust Materials AlphaDEX Fund ( FXZ )
  • First Trust Mid Cap Growth AlphaDEX ( FNY ).

The top-performing ETF of this group is FNY with an increase of 13.11% over the last 100 days. PHO has the highest percent weighting of VMI at 3.69%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: FNY , FXZ , NOV , PCP , PHO , PIO , VMI

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