Valmont Industries, Inc. ( VMI ) will begin trading ex-dividend on September 24, 2014. A cash dividend payment of $0.375 per share is scheduled to be paid on October 15, 2014. Shareholders who purchased VMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the same period a year ago. At the current stock price of $135.32, the dividend yield is 1.11%.
The previous trading day's last sale of VMI was $135.32, representing a -17.1% decrease from the 52 week high of $163.23 and a 4.9% increase over the 52 week low of $129.
VMI is a part of the Capital Goods sector, which includes companies such as Precision Castparts Corporation ( PCP ) and National Oilwell Varco, Inc. ( NOV ). VMI's current earnings per share, an indicator of a company's profitability, is $8.6. Zacks Investment Research reports VMI's forecasted earnings growth in 2014 as -16.92%, compared to an industry average of 16%.
Interested in gaining exposure to VMI through an Exchange Traded Fund [ETF]?
The following ETF(s) have VMI as a top-10 holding:
The top-performing ETF of this group is PIO with an decrease of -2.43% over the last 100 days. PHO has the highest percent weighting of VMI at 4.04%.