Valmont Industries, Inc. (NYSE:VMI) to Issue Quarterly Dividend of $0.77

Key Points

• Valmont declared a quarterly dividend of $0.77 per share (annualized $3.08), with an ex‑dividend/record date of June 26 and payment scheduled for July 15, implying a yield of about 0.6%.
• The dividend appears well covered, with a current payout ratio of about 15.6% and analysts projecting a lower ~12.3% payout ratio next year based on expected EPS, though dividend growth has been minimal recently.
• Recent quarter beat expectations: Valmont reported $5.51 EPS vs. $4.72 consensus and $1.03 billion in revenue (up 6.2% YoY), supporting analyst forecasts for mid‑to‑high‑teens dollars in EPS over the coming year.

Valmont Industries, Inc. (NYSE:VMI - Get Free Report) declared a quarterly dividend on Monday, April 27th. Shareholders of record on Friday, June 26th will be paid a dividend of 0.77 per share by the industrial products company on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, June 26th.

Valmont Industries has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Valmont Industries has a payout ratio of 15.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Valmont Industries to earn $25.04 per share next year, which means the company should continue to be able to cover its $3.08 annual dividend with an expected future payout ratio of 12.3%.

Valmont Industries Trading Down 0.1%

Shares of Valmont Industries stock opened at $498.33 on Tuesday. Valmont Industries has a 1 year low of $286.50 and a 1 year high of $503.91. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.38. The company has a market capitalization of $9.74 billion, a P/E ratio of 27.67 and a beta of 1.24. The company's fifty day moving average is $429.82 and its two-hundred day moving average is $424.42.

Valmont Industries (NYSE:VMI - Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The industrial products company reported $5.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.72 by $0.79. Valmont Industries had a net margin of 8.91% and a return on equity of 24.94%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $994.85 million. During the same period last year, the firm posted $4.32 EPS. Valmont Industries's revenue for the quarter was up 6.2% on a year-over-year basis. Analysts forecast that Valmont Industries will post 22.93 earnings per share for the current year.

Valmont Industries Company Profile

Valmont Industries, Inc NYSE: VMI is a diversified industrial manufacturer specializing in infrastructure and agricultural products. Headquartered in Omaha, Nebraska, the company engages in the design, production and distribution of engineered products that support water management, power transmission, lighting and traffic infrastructure. Valmont's solutions range from center-pivot and lateral-move irrigation systems to utility poles, transmission towers, lighting structures and highway traffic signal support structures.

The company operates through several core business segments.

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