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Vulcan Materials Co (Vulcan Materials Co) 3-Year Dividend Growth Rate

: 8.10% (As of Dec. 2023)
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Vulcan Materials Co's Dividends per Share for the three months ended in Dec. 2023 was $0.43.

The historical rank and industry rank for Vulcan Materials Co's 3-Year Dividend Growth Rate or its related term are showing as below:

VMC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -70   Med: 9.7   Max: 171.4
Current: 8.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vulcan Materials Co was 171.40% per year. The lowest was -70.00% per year. And the median was 9.70% per year.

VMC's 3-Year Dividend Growth Rate is ranked worse than
55.75% of 174 companies
in the Building Materials industry
Industry Median: 11.9 vs VMC: 8.10

During the past 12 months, Vulcan Materials Co's average Dividends Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 33.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Vulcan Materials Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.30. As of today, Vulcan Materials Co's Dividend Yield % is 0.68%.

Warning Sign:

Vulcan Materials Co stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Building Materials subindustry, Vulcan Materials Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vulcan Materials Co 3-Year Dividend Growth Rate Distribution

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Vulcan Materials Co's 3-Year Dividend Growth Rate falls into.



Vulcan Materials Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Vulcan Materials Co  (NYSE:VMC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Vulcan Materials Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.43/ 1.46
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Vulcan Materials Co was 0.72. The lowest was 0.24. And the median was 0.28.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Vulcan Materials Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4602024-03-012024-03-042024-03-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302023-11-102023-11-132023-11-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302023-08-162023-08-172023-09-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302023-05-252023-05-262023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Vulcan Materials Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.75/259.15
=0.68 %

Current Share Price is $259.15.
Vulcan Materials Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.75.

During the past 13 years, the highest Dividend Yield of Vulcan Materials Co was 1.46%. The lowest was 0.06%. And the median was 0.77%.

Warning Sign:

Vulcan Materials Co stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vulcan Materials Co 3-Year Dividend Growth Rate Related Terms>


Vulcan Materials Co (Vulcan Materials Co) Business Description

Traded in Other Exchanges
Address
1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2022, Vulcan sold 263.4 million tons of aggregates, 12.2 million tons of asphalt mix, and 10.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Executives
Stanley G Bass officer: Chief Growth Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
David P Clements officer: Senior Vice President, Central 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Melissa H. Anderson director ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209
J Thomas Hill officer: Sr VP - South Region 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Randy L. Pigg officer: Vice President and Controller 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Mary Andrews Carlisle officer: SVP and CFO 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Darren L. Hicks officer: Chief Human Resources Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Perkins Jerry F Jr officer: General Counsel and Secetary 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jason P Teter officer: President, S&GC Division 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Ronnie A Pruitt officer: Senior Vice President C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
George Willis director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Franklin Denson N. Iii officer: SVP & General Counsel 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael R Mills officer: Senior Vice President and Gene 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242

Vulcan Materials Co (Vulcan Materials Co) Headlines