Valmont Industries (NYSE:VMI) had declared a cash dividend of $0.3750 on Jun 6, 2016. The shares will quote ex-dividend on Jun 22, 2016 and the record date has been fixed on Jun 24, 2016. At Jun 6, 2016 share price, the yield comes out to be 1.1106%. The dividend payable date has been fixed on Jul 15, 2016.
Valmont Industries (VMI) shares turned negative on Fridays trading session with the shares closing down -2.45 points or -1.79% at a volume of 1,17,581. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $137.255. The peak price level was also seen at $137.255 while the days lowest was $134. Finally the shares closed at $134.55. The 52-week high of the shares is $145.94 while the 52-week low is $92.33. According to the latest information available, the market cap of the company is $3,052 M.
Valmont Industries(VMI) last announced its earnings results on Apr 20, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $596.61M. Analysts had an estimated revenue of $618.55M. Earnings per share were $1.49. Analysts had estimated an EPS of $1.25.
Several Insider Transactions has been reported to the SEC. On Aug 3, 2015, Theodor Werner Freye (director) purchased 896 shares at $111.42 per share price.
Valmont Industries Inc. is a diversified producer of fabricated metal products. The Company is also a producer of steel aluminum and composite pole tower and other structures. It operates in four segments: Engineered Infrastructure Products which consists of the manufacture and distribution of engineered metal and composite structures and components for lighting and traffic Wireless communication offshore structures roadway and access systems applications; Utility Support Structures which consists of the manufacture of steel and concrete structures for the utility industry; Coatings which consists of galvanizing anodizing and coating services and Irrigation which consists of the manufacture of agricultural irrigation equipment and related parts and services for the agricultural industry. Its other activities include the manufacture of steel grinding media for the mining industry tubular products for industrial customers and the distribution of industrial fasteners.