OMAHA, Neb., March 14, 2011 /PRNewswire/ -- The Board of Directors of Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of 16.5 cents per share payable on April 15, 2011 to shareholders of record on March 25, 2011. The dividend indicates an annual rate of 66.0 cents per share.
Valmont is the global leader in designing and manufacturing poles, towers and structures for lighting and traffic, wireless communication and utility markets, industrial access systems, highway safety barriers and a provider of protective coating services. Valmont also leads the world in mechanized irrigation equipment for agriculture, enhancing food production while conserving and protecting natural water resources. In addition, Valmont produces a wide variety of tubing for commercial and industrial applications.
SOURCE Valmont Industries, Inc.