Valmont Industries's latest quarterly dividend of $0.6 per share was on Mar 27, 2024 (ex-date). The annualized dividend distribution of $2.4 per share represents a current dividend yield of 1.13%.
Valmont Industries's dividend yield of 1.13% is higher than the industry and its peers average but lower than the Industrials sector average. If we compare it with the Industrials sector average of 1.41%, Valmont Industries's dividend yield is 20% lower. The current dividend yield is more than the historical average of 1.0% of the last 5 years.
Valmont Industries has a history of paying dividends since 1994. Our records of VMI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 7% for the last twelve months. And with the price of the stock down by 29% from a year ago, the dividend yield has an increase of 51%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | Apr 15, 2024 | Feb 26, 2024 | $0.6 | normal |
| Dec 28, 2023 | Jan 16, 2024 | Oct 31, 2023 | $0.6 | normal |
| Sep 28, 2023 | Oct 16, 2023 | Jul 31, 2023 | $0.6 | normal |
| Jun 29, 2023 | Jul 14, 2023 | Apr 24, 2023 | $0.6 | normal |
| Mar 30, 2023 | Apr 14, 2023 | Feb 28, 2023 | $0.6 | normal |
| Dec 29, 2022 | Jan 17, 2023 | Nov 1, 2022 | $0.55 | normal |
| Sep 22, 2022 | Oct 14, 2022 | Jul 26, 2022 | $0.55 | normal |
| Jun 23, 2022 | Jul 15, 2022 | Apr 26, 2022 | $0.55 | normal |
| Mar 24, 2022 | Apr 15, 2022 | Feb 22, 2022 | $0.55 | normal |
| Dec 22, 2021 | Jan 14, 2022 | Oct 26, 2021 | $0.5 | normal |
| Sep 23, 2021 | Oct 15, 2021 | Jul 27, 2021 | $0.5 | normal |
| Jun 24, 2021 | Jul 15, 2021 | Jun 7, 2021 | $0.5 | normal |
| Mar 25, 2021 | Apr 15, 2021 | Feb 23, 2021 | $0.5 | normal |
| Dec 23, 2020 | Jan 15, 2021 | Dec 8, 2020 | $0.45 | normal |
| Sep 24, 2020 | Oct 15, 2020 | Aug 31, 2020 | $0.45 | normal |
| Jun 25, 2020 | Jul 15, 2020 | Jun 1, 2020 | $0.45 | normal |
| Mar 26, 2020 | Apr 15, 2020 | Feb 25, 2020 | $0.45 | normal |
| Dec 26, 2019 | Jan 15, 2020 | Dec 2, 2019 | $0.375 | normal |
| Sep 26, 2019 | Oct 15, 2019 | Sep 3, 2019 | $0.375 | normal |
| Jun 27, 2019 | Jul 15, 2019 | Jun 3, 2019 | $0.375 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Mar 4, 2019 | $0.375 | normal |
| Dec 27, 2018 | Jan 15, 2019 | Dec 3, 2018 | $0.375 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Sep 4, 2018 | $0.375 | normal |
| Jun 28, 2018 | Jul 16, 2018 | Jun 4, 2018 | $0.375 | normal |
| Mar 28, 2018 | Apr 16, 2018 | Mar 5, 2018 | $0.375 | normal |
| Dec 28, 2017 | Jan 16, 2018 | Dec 4, 2017 | $0.375 | normal |
| Sep 28, 2017 | Oct 16, 2017 | Sep 5, 2017 | $0.375 | normal |
| Jun 28, 2017 | Jul 14, 2017 | Jun 5, 2017 | $0.375 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Mar 6, 2017 | $0.375 | normal |
| Dec 28, 2016 | Jan 17, 2017 | $0.375 | normal | |
| Sep 28, 2016 | Oct 14, 2016 | Sep 6, 2016 | $0.375 | normal |
| Jun 22, 2016 | Jul 15, 2016 | Jun 6, 2016 | $0.375 | normal |
| Mar 23, 2016 | Apr 15, 2016 | Mar 7, 2016 | $0.375 | normal |
Valmont Industries's payout ratio of 35% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 30.4%, Valmont Industries's payout ratio is 15% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| APOG Apogee Enterprises Inc | 1.56% | $0.97 | 20.3% |
| VMI Valmont Industries Inc | 1.13% | $2.4 | 35% |
| AWI Armstrong World Industries Inc | 0.92% | $1.07 | 21.4% |
| SSD Simpson Manufacturing Co Inc | 0.64% | $1.08 | 13% |
Yes, Valmont Industries has been paying dividends for the last 30 years.
At this point we don't have a record of VMI's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Valmont Industries's last dividend ex-date was on Mar 27, 2024. The dividend amount was $0.6 per share.
VMI's annualized dividend per share is $2.4.
Currently Valmont Industries's dividend yield is 1.13%.
Valmont Industries pays four dividends per year.
Valmont Industries's dividend payout ratio is 35%.
Valmont Industries's dividend yield is less than the Industrials sector average.