Valmont Board Declares Quarterly Dividend

Rhea-AI Summary

Valmont Industries, a global leader in vital infrastructure and agricultural productivity, declared a quarterly dividend of $0.60 per share, with an annual rate of $2.40 per share.

Positive

• Stable dividend payout indicates financial strength and consistent returns for shareholders.

• Company's focus on advancing agricultural productivity and innovation through technology signals future growth potential.

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 15, 2024, to shareholders of record on June 28, 2024. The dividend indicates an annual rate of $2.40 per share.

About Valmont Industries, Inc.

For nearly 80 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/20240506023546/en/

Jorden Hansen

Jorden.Hansen@valmont.com

Source: Valmont Industries, Inc.

FAQ

When is Valmont Industries' quarterly dividend payable?

Valmont Industries' quarterly dividend of $0.60 per share is payable on July 15, 2024.

What is the annual rate of the declared dividend per share?

The annual rate of the declared dividend per share by Valmont Industries is $2.40.

What is Valmont Industries' stock symbol?

Valmont Industries' stock symbol is VMI.

When is the record date for shareholders to receive the dividend?

Shareholders of Valmont Industries must be on record on June 28, 2024, to receive the dividend.