Feb. 14, 2014
/PRNewswire/ -- The Board of Directors of Vulcan Materials Company (NYSE: VMC) at a meeting held today declared a quarterly dividend of
per share on its common stock payable
March 10, 2014
, to shareholders of record
, 2014. The new quarterly dividend represents a
per share increase over quarterly dividends paid in 2013.
According to Vulcan's Chairman and Chief Executive Officer,
, "Vulcan's Board is pleased to begin the process of restoring a meaningful dividend for our shareholders. This increase reflects our improving operating earnings and cash flows, strengthening balance sheet and favorable outlook for our business."
Vulcan Materials Company, a member of the S&P 500 index, is the nation's largest producer of construction aggregates and a major producer of asphalt mix and concrete. For additional information about Vulcan, go to
SOURCE Vulcan Materials Company