VULCAN DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

Rhea-AI Summary

On May 13, 2022, Vulcan Materials Company (NYSE: VMC) announced a quarterly cash dividend of $0.40 per share, payable on June 10, 2022. Shareholders who are on record by the close of business on May 27, 2022 will receive this dividend. Vulcan is recognized as the largest producer of construction aggregates in the U.S., focusing on materials like crushed stone, sand, and gravel, and it is also major in aggregates-based construction materials such as asphalt and ready-mixed concrete.

Positive

• Quarterly cash dividend of $0.40 per share enhances shareholder income.
• Demonstrates company confidence and stable cash flow.

Negative

• None.

BIRMINGHAM, Ala., May 13, 2022 /PRNewswire/ -- The Board of Directors of Vulcan Materials Company (NYSE: VMC) today declared a quarterly cash dividend of $0.40 cents per share on its common stock. The dividend will be payable on June 10, 2022, to shareholders of record at the close of business on May 27, 2022. 

Vulcan Materials Company, a member of the S&P 500 Index with headquarters in Birmingham, Alabama, is the nation's largest producer of construction aggregates – primarily crushed stone, sand and gravel – and a major producer of aggregates-based construction materials, including asphalt mix and ready-mixed concrete. For additional information about Vulcan, go to www.vulcanmaterials.com. 

Investor Contact: Mark Warren (205) 298-3220
Media Contact: Janet Kavinoky (205) 298-3220

 

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SOURCE Vulcan Materials Company

FAQ

What is the dividend amount declared by Vulcan Materials Company?

The dividend amount declared is $0.40 per share.

When will the dividend be paid to shareholders of Vulcan Materials Company?

The dividend will be payable on June 10, 2022.

What is the record date for the dividend payment of Vulcan Materials Company?

The record date for the dividend payment is May 27, 2022.

How often does Vulcan Materials Company pay dividends?

Vulcan Materials Company typically pays dividends on a quarterly basis.

Is the dividend declared by Vulcan Materials Company sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.