Valmont Industries, Inc. ( VMI ) will begin trading ex-dividend on March 27, 2013. A cash dividend payment of $0.225 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased VMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that VMI has paid the same dividend.
The previous trading day's last sale of VMI was $162.49, representing a -1.48% decrease from the 52 week high of $164.93 and a 52.54% increase over the 52 week low of $106.52.
VMI is a part of the Capital Goods sector, which includes companies such as National Oilwel Varcol, Inc. ( NOV ) and Precision Castparts Corporation ( PCP ). VMI's current earnings per share, an indicator of a company's profitability, is $8.75. Zacks Investment Research reports VMI's forecasted earnings growth in 2013 as 19.14%, compared to an industry average of 25%.
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 )
- First Trust Materials AlphaDEX Fund ( FXZ )
- PowerShares Global Water Portfolio ( PIO )
- First Trust Mid Cap Growth AlphaDEX ( FNY ).
The top-performing ETF of this group is PHO with an increase of 19.11% over the last 100 days. It also has the highest percent weighting of VMI at 4.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.