Investors eagerly anticipate the dividend payout from Vulcan Materials VMC on September 06, 2023. With a payout of $0.43 per share and an annualized dividend yield of 0.77%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on August 16, 2023
Vulcan Materials Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-16 | 4 | $0.43 | 0.77% | 2023-07-14 | 2023-08-17 | 2023-09-06 |
| 2023-05-25 | 4 | $0.43 | 0.88% | 2023-05-12 | 2023-05-26 | 2023-06-09 |
| 2023-03-03 | 4 | $0.43 | 0.93% | 2023-02-10 | 2023-03-06 | 2023-03-20 |
| 2022-11-14 | 4 | $0.4 | 1.03% | 2022-10-14 | 2022-11-15 | 2022-12-05 |
| 2022-08-16 | 4 | $0.4 | 1.09% | 2022-07-08 | 2022-08-17 | 2022-09-02 |
| 2022-05-26 | 4 | $0.4 | 0.97% | 2022-05-13 | 2022-05-27 | 2022-06-10 |
| 2022-02-28 | 4 | $0.4 | 0.85% | 2022-02-11 | 2022-03-01 | 2022-03-14 |
| 2021-11-15 | 4 | $0.37 | 0.84% | 2021-10-08 | 2021-11-16 | 2021-12-02 |
| 2021-08-17 | 4 | $0.37 | 0.86% | 2021-07-09 | 2021-08-18 | 2021-09-03 |
| 2021-05-27 | 4 | $0.37 | 0.78% | 2021-05-14 | 2021-05-28 | 2021-06-11 |
| 2021-02-26 | 4 | $0.37 | 0.92% | 2021-02-12 | 2021-03-01 | 2021-03-15 |
| 2020-11-16 | 4 | $0.34 | 0.89% | 2020-10-09 | 2020-11-17 | 2020-12-03 |
When comparing Vulcan Materials's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Loma Negra Cia Industria LOMA having the highest annualized dividend yield at 12.89%.
Analyzing Vulcan Materials Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.24 to $1.60, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Vulcan Materials
From 2019 to 2022, Vulcan Materials experienced a growth in earnings per share, with an increase from $4.61 to $5.29. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article provides an in-depth analysis of Vulcan Materials's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.43 per share, resulting in an annualized dividend yield of 0.77%.
When comparing Vulcan Materials's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Loma Negra Cia Industria having the highest annualized dividend yield at 12.89%.
Given that Vulcan Materials has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Vulcan Materials's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
