Seeking Alpha

Vulcan Materials Company declares $0.01 dividend

  • Vulcan Materials Company (VMC) declares $0.01/share quarterly dividend, in line with previous.
  • Forward yield 0.08%
  • Payable Dec. 10; for shareholders of record Nov. 25; ex-div Nov. 21.
Comments (1)
  • Just happen to see this dividend announcement.

     

    What's the point? It is almost, no wait, it is an insult to shareholders.
    Again, what's the point? 0.08% annual yield?

     

    If I owned this stock I would say keep it or donate it to those who truly could use the few pennies they are handing out.
    11 Oct 2013, 01:52 PM Reply Like
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