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