Valmont Board Declares Quarterly Dividend

Rhea-AI Summary

Valmont Industries (NYSE: VMI) declared a quarterly dividend of $0.50 per share, representing an annual rate of $2.00 per share. The dividend is payable on January 14, 2022, to shareholders of record on December 23, 2021. This announcement underscores Valmont's commitment to shareholder returns and highlights its ongoing financial stability in the infrastructure and agricultural sectors.

Positive

• Quarterly dividend of $0.50 per share indicates strong financial health.
• Annual dividend rate stands at $2.00 per share, enhancing shareholder income.

Negative

• None.

OMAHA, Neb.--(BUSINESS WIRE)-- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that its Board of Directors has declared a quarterly dividend of $0.50 cents per share payable on January 14, 2022 to shareholders of record on December 23, 2021. The dividend indicates an annual rate of $2.00 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/20211026005844/en/

Renee Campbell

+ 1.402.963.1057

Source: Valmont Industries, Inc.

FAQ

When is the dividend payment date for VMI?

The dividend payment date for VMI is January 14, 2022.

What is the amount of the dividend declared by Valmont Industries?

Valmont Industries declared a dividend of $0.50 per share.

Who is eligible to receive the dividend from Valmont Industries?

Shareholders of record on December 23, 2021, are eligible to receive the dividend.

What is the annual dividend rate for VMI?

The annual dividend rate for VMI is $2.00 per share.