Valmont Industries, Inc. ( VMI ) will begin trading ex-dividend on June 22, 2016. A cash dividend payment of $0.375 per share is scheduled to be paid on July 15, 2016. Shareholders who purchased VMI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that VMI has paid the same dividend. At the current stock price of $136.46, the dividend yield is 1.1%.
The previous trading day's last sale of VMI was $136.46, representing a -6.5% decrease from the 52 week high of $145.94 and a 47.8% increase over the 52 week low of $92.33.
VMI is a part of the Capital Goods sector, which includes companies such as Baker Hughes Incorporated ( BHI ) and Parker-Hannifin Corporation ( PH ). VMI's current earnings per share, an indicator of a company's profitability, is $1.82. Zacks Investment Research reports VMI's forecasted earnings growth in 2016 as 13.93%, compared to an industry average of 18.4%.
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