BIRMINGHAM, Ala., Feb. 10,
2023 /PRNewswire/ -- The Board of Directors of Vulcan
Materials Company (NYSE: VMC) today declared a quarterly cash
dividend of $0.43 per share on its
common stock. The dividend will be payable on March 20, 2023, to shareholders of record at the
close of business on March 6, 2023.
The new quarterly dividend represents an increase of 7.5 percent
from $0.40 to $0.43 per share.
Chairman and Chief Executive Officer, Tom Hill, said, "Supported by our strong
cash generation and financial strength, today's announced dividend
increase underscores the Company's durable growth and our ability
to deliver long-term shareholder value."
Vulcan Materials Company, a member of the S&P 500 Index with
headquarters in Birmingham,
Alabama, is the nation's largest producer of construction
aggregates—primarily crushed stone, sand and gravel—and a major
producer of aggregates-based construction materials, including
asphalt and ready-mixed concrete. For additional information
about Vulcan, go to www.vulcanmaterials.com.
Investor Contact: Mark Warren
(205) 298-3220
Media Contact: Janet Kavinoky (205)
298-3220
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SOURCE Vulcan Materials Company