Valmont Board Declares Quarterly Dividend

Rhea-AI Summary

Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of $0.55 per share, payable on January 17, 2023, to shareholders of record on December 30, 2022. This dividend reflects an annual rate of $2.20 per share, showcasing the company's commitment to returning value to its shareholders. Valmont has a long-standing reputation as a global leader in infrastructure and agricultural productivity, emphasizing technological innovation to enhance resource conservation.

Positive

• Quarterly dividend of $0.55 per share indicates strong financial health.
• Annual dividend rate of $2.20 signals confidence in future earnings.

Negative

• None.

OMAHA, Neb.--(BUSINESS WIRE)-- Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that its Board of Directors has declared a quarterly dividend of $0.55 cents per share payable on January 17, 2023 to shareholders of record on December 30, 2022. The dividend indicates an annual rate of $2.20 per share.

About Valmont Industries, Inc.

For over 75 years, Valmont^® has been a global leader in creating vital infrastructure and advancing agricultural productivity. Today, we remain committed to doing more with less by innovating through technology. Learn more about how we’re Conserving Resources. Improving Life.^® at valmont.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221101005340/en/

Renee Campbell

renee.campbell@valmont.com

Source: Valmont Industries, Inc.

FAQ

What is the dividend amount declared by Valmont Industries?

Valmont Industries declared a quarterly dividend of $0.55 per share.

When is the dividend payable for Valmont Industries?

The dividend is payable on January 17, 2023.

What is the record date for Valmont's dividend?

The record date for Valmont's dividend is December 30, 2022.

What is the annual dividend rate for Valmont Industries?

The annual dividend rate for Valmont Industries is $2.20 per share.