OMAHA, Neb., Sept. 6, 2016 /PRNewswire/ -- The Board of Directors of Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of 37.5 cents per share payable on October 14, 2016 to shareholders of record on September 30, 2016. The dividend indicates an annual rate of $1.50 per share.
Valmont is a global leader, designing and manufacturing engineered products that support global infrastructure development and agricultural productivity. Its products for infrastructure serve highway, transportation, wireless communication, electric transmission, and industrial construction and energy markets. Its mechanized irrigation equipment for large scale agriculture improves farm productivity while conserving fresh water resources. In addition, Valmont provides coatings services that protect against corrosion and improve the service lives of steel and other metal products.
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SOURCE Valmont Industries, Inc.