The Valspar Corp(NYSE:VAL) Declares Dividend of $0.3300.

The Valspar Corp (NYSE:VAL) had declared a cash dividend of $0.3300 on Aug 18, 2016. The shares will quote ex-dividend on Aug 30, 2016 and the record date has been fixed for Sep 1, 2016. On Aug 18, 2016 share price, the yield comes out to be 1.2524%. The dividend payable date has been fixed on Sep 15, 2016.

The Valspar Corp (VAL) made into the market gainers list on Mondays trading session with the shares advancing 0.26% or 0.27 points. Due to strong positive momentum, the stock ended at $105.73, which is also near the day’s high of $105.78. The stock began the session at $105.46 and the volume stood at 6,77,829 shares. The 52-week high of the shares is $108.97 and the 52 week low is $70.58. The company has a current market capitalization of $8,381 M and it has 7,92,71,193 shares in outstanding.

The Valspar Corp(VAL) last announced its earnings results on May 24, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $1.22.

Several Insider Transactions has been reported to the SEC. On Dec 15, 2015, Gary E Hendrickson (Chairman, President and CEO) sold 50,000 shares at $84.65 per share price.Also, On Jun 26, 2015, Howard C Heckes (Executive Vice President) sold 8,000 shares at $84.82 per share price.

The Valspar Corporation is engaged in developing manufacturing and distributing a range of coatings paints and related products. The Company operates through two business segments: Coatings and Paints. The Coatings segment includes the Company’s industrial product lines and packaging product line. The Company offers a range of decorative and protective coatings for metal wood and plastic primarily for sale to original equipment manufacturing (OEM) customers in Asia Australia Europe North America and South America. The Paints segment includes the Company’s consumer paints and automotive paint refinish product lines. The Company offers a range of paints primers topcoats and aerosol spray paints through retailers distribution networks and Company-owned stores.

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