Valmont Board Declares Quarterly Dividend

Rhea-AI Summary

Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of $0.60 per share, reflecting an annual rate of $2.40 per share. The payment is scheduled for July 14, 2023, for shareholders on record as of June 30, 2023. This decision signals the company's ongoing commitment to providing returns to its investors while maintaining its position as a leader in infrastructure and agricultural productivity.

Valmont has been operational for over 75 years, consistently innovating to enhance resource efficiency and agricultural advancements. The company aims to improve life through technology, adhering to its mission of Conserving Resources. Improving Life.

Positive

• Quarterly dividend of $0.60 per share indicates ongoing shareholder returns.
• Annual dividend rate of $2.40 per share demonstrates financial stability.

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 $0.60 per share payable on July 14, 2023 to shareholders of record on June 30, 2023. The dividend indicates an annual rate of $2.40 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/20230424005806/en/

Renee Campbell

renee.campbell@valmont.com

Source: Valmont Industries, Inc.

FAQ

What is the dividend amount declared by Valmont Industries for July 2023?

Valmont Industries has declared a quarterly dividend of $0.60 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on July 14, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is June 30, 2023.

What is the annual dividend rate for Valmont Industries?

The annual dividend rate is $2.40 per share.