Valspar Corporation (VAL) Ex-Dividend Date Scheduled for December 13, 2012


Valspar Corporation ( VAL ) has announced an ex-dividend date of December 13, 2012 and a cash dividend payment of $0.23 per share scheduled for December 28, 2012. Shareholders who purchased VAL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the prior quarter. At the current stock price of $61.99, the dividend yield is 1.48%.

The previous trading day's last sale of VAL was $61.99, representing a -2.15% decrease from the 52 week high of $63.35 and a 73.59% increase over the 52 week low of $35.71.

VAL is a part of the Basic Industries sector, which includes companies such as PPG Industries, Inc. ( PPG ) and RPM International Inc. ( RPM ). VAL's current earnings per share, an indicator of a company's profitability, is $3.09. Zacks Investment Research reports VAL's forecasted earnings growth in 2013 as 14.83%, compared to an industry average of 17.8%.

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

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

This article appears in: News Headlines , Stocks

Referenced Stocks: PPG , RPM , VAL

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