The Dynamic Dividend

Valmont Gives Shareholders a 9% Raise

Valmont Industries (VMI) declared a quarterly dividend of $0.18 per share today, a 9.1% increase over the $0.165 per share paid each of the previous four quarters by the producer of fabricated metal products. Valmont is now on pace to pay an increased dividend total for the tenth consecutive year.

Shares of VMI closed at $105.30 (+1.41%) today, where they now feature a 0.68% dividend yield.

Valmont has increased its annual dividend total every year dating back to 2002, improving its payout by a total of 177% over that short span.