Vulcan Materials Company (NYSE:VMC) had declared a cash dividend of $0.2000 on Jul 8, 2016. The shares will quote ex-dividend on Aug 22, 2016 and the record date has been fixed for Aug 24, 2016. On Jul 8, 2016 share price, the yield comes out to be 0.6472%. The dividend payable date has been fixed on Sep 9, 2016.
In a different note, On Jun 8, 2016, Goldman Sachs said it Maintains its rating on Vulcan Materials Company. In the research note, the firm Raises the price-target to $128.00 per share. The shares have been rated ‘Buy’ by the firm. On May 4, 2016, BB&T Capital said it Maintains its rating on Vulcan Materials Company. In the research note, the firm Raises the price-target to $115.00 per share. The shares have been rated ‘Buy’ by the firm.
Vulcan Materials Company (VMC) made into the market gainers list on Wednesdays trading session with the shares advancing 0.12% or 0.15 points. Due to strong positive momentum, the stock ended at $125.82, which is also near the day’s high of $126.48. The stock began the session at $126.27 and the volume stood at 7,14,703 shares. The 52-week high of the shares is $127.17 and the 52 week low is $78.83. The company has a current market capitalization of $16,758 M and it has 13,31,88,158 shares in outstanding.
Vulcan Materials Company(VMC) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $754.73M. Analysts had an estimated revenue of $710.79M. Earnings per share were $0.26. Analysts had estimated an EPS of $0.07.
Several Insider Transactions has been reported to the SEC. On Jun 16, 2016, David P Clement (President – Central Division) sold 1,255 shares at $113.17 per share price.Also, On Mar 14, 2016, David B. Pasley (President – Mountain West Div) sold 200 shares at $103.27 per share price.On Nov 10, 2015, David J Grayson (President, Southeast Division) sold 3,614 shares at $100.58 per share price, according to the Form-4 filing with the securities and exchange commission.
Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates Concrete Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates (crushed stone sand and gravel sand and other aggregates) and related products and services (transportation and other). The Company produces and sells ready-mixed concrete in Georgia Maryland New Mexico Texas Virginia Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona California New Mexico and Texas. The Company’s Calcium segment operates a quarry at Brooksville Florida which provides feedstock for the ground calcium operation.