Vallourec (VK)

Vallourec is a French producer of hot-rolled seamless steel tube products for industrial applications. It is primarly engaged in the manufacture and marketing of carbon steel and low alloy tubes. In addition, Vallourec also manufactures welded precision tubes, bearing tubules and other components for the automotive and industrial sectors. The company is headquartered in Boulogne-Billancourt, France.

Vallourec cut their dividend sharply in the 2009 recession and have never fully recovered. They are not projected to reach the lofty heights of 2008's 350c dividend in the near future according to analyst expectations.

Note: Dividends are corrected for Stock Splits: -

9 July 2010 Stock Split 2:1

18 July 2006 Stock Split 5:1

Interim payments for fiscal 2006 for €1.00 was made on 20 October 2006

Final payment for fiscal 2005 for €1.12 was made 5 July 2006