News Summary
Vulcan Materials Company has declared a quarterly cash dividend of $0.49 per share, payable on June 6, 2025. Shareholders must hold their shares by May 23, 2025, to be eligible. The company recently reported increased revenues and gross profits for the first quarter of 2025, signaling strong operational performance. Additionally, Vulcan is planning to acquire Superior Ready Mix Concrete, expanding its footprint in the construction materials sector. Shareholders are encouraged to stay informed through the company’s resources.
Birmingham Welcomes Exciting News from Vulcan Materials Company
Big news coming out of Birmingham, Alabama! The Vulcan Materials Company, which plays a significant role in the construction industry, has declared a quarterly cash dividend of $0.49 per share. This announcement comes as a pleasant surprise for shareholders who will be glad to know the dividend is set to be payable on June 6, 2025. To be eligible for this dividend, shareholders need to hold their shares by the close of business on May 23, 2025.
Who is Vulcan Materials Company?
For those who might not be as familiar, Vulcan Materials Company is a major player in the construction aggregates market. As the nation’s largest producer of construction aggregates, they primarily deal with crushed stone, sand, and gravel. Beyond aggregates, Vulcan also ventures into production of asphalt and ready-mixed concrete. This impressive range of products makes them a cornerstone for construction projects far and wide.
Financial Highlights Shine a Light
In other exciting news, Vulcan recently reported some impressive financial updates. For the quarter ended March 31, 2025, they raked in total revenues of $1,635 million, a notable increase from $1,546 million reported in the same quarter last year, 2024. The gross profit also saw a healthy uptick, landing at $365 million compared to $305 million in Q1 2024. It’s clear the company is maintaining momentum.
When looking at the trailing twelve months, total revenues for 2025 came in at $7,507 million, just below the $7,679 million recorded for 2024. However, gross profit for that same period showed a boost, reaching $2,060 million, up from $1,951 million in 2024, highlighting the company’s strong operational performance.
Earnings Call and Future Plans
Vulcan hosted its first-quarter earnings conference call on April 30, 2025, allowing investors and interested parties to tune in via live webcasts or phone calls. For those who missed it, a replay is available on their website for a bit of catch-up on all the insights shared during the call.
A Strategic Move: Acquisition of Superior Ready Mix Concrete
In another significant development, Vulcan Materials is gearing up to make a strategic acquisition by adding Superior Ready Mix Concrete to its portfolio. This deal will incorporate six California aggregate operations, two asphalt plants, and 13 ready-mixed concrete locations. Such acquisitions align perfectly with Vulcan’s goal of aggregate-led growth, setting them up for an even more substantial presence in the construction materials sector.
The acquisition is expected to wrap up by the end of 2024, and it’s anticipated to bring on board valuable assets that will enhance Vulcan’s operational capabilities.
Stay Connected for More Updates
As always, being well-informed can help investors make the best decisions. Whether you’re a long-time shareholder or considering investing, you can find more information about Vulcan Materials Company by visiting their website at www.vulcanmaterials.com. For any direct inquiries, investors can reach out to Mark Warren at (205) 298-3220. The media can connect with Janet Kavinoky and Jack Bonnikson, using the same contact information for any questions they may have.
Birmingham’s very own Vulcan Materials Company is making waves in the construction industry, and this dividend announcement along with their successful quarterly earnings report certainly sweeten the deal for shareholders. Keep an eye on this company as it continues to grow and evolve!
Deeper Dive: News & Info About This Topic
HERE Resources
Birmingham Buzz: Vulcan Materials Prepares for Q1 Earnings Report
Birmingham Celebrates Vulcan Materials’ Dividend Increase
Additional Resources
- Quantisnow: Vulcan Declares Quarterly Dividend
- AL.com: Alabama Representatives Respond
- Pit & Quarry: Vulcan Materials to Acquire Superior Ready Mix Concrete
- Wikipedia: Vulcan Materials Company
- Google Search: Vulcan Materials Company
Author: STAFF HERE BIRMINGHAM WRITER
The BIRMINGHAM STAFF WRITER represents the experienced team at HEREBirmingham.com, your go-to source for actionable local news and information in Birmingham, Jefferson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Sidewalk Film Festival, Sloss Music & Arts Festival, Magic City Classic, and civil rights commemorations. Our coverage extends to key organizations like the Birmingham Business Alliance and the Birmingham Civil Rights Institute, plus leading businesses in healthcare, finance, and manufacturing that power the local economy such as UAB Medicine, Regions Bank, and Encompass Health. As part of the broader HERE network, including HEREHuntsville.com, we provide comprehensive, credible insights into Alabama's dynamic landscape.
