Martin Marietta Materials Boosts Dividend for Shareholders

Thursday, 15 August 2024, 17:54

Martin Marietta Materials (NYSE: MLM) has announced a quarterly dividend of $0.79 per share, reflecting a 6.8% increase over the previous dividend of $0.74. This adjustment results in a forward yield of 0.59%. The dividend will be payable on September 30, signaling a commitment to returning value to shareholders. The decision underscores the company’s stable financial performance and growth outlook.
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Martin Marietta Materials Boosts Dividend for Shareholders

Dividend Increase Announcement

Martin Marietta Materials (NYSE: MLM) has declared a quarterly dividend of $0.79 per share. This represents a significant 6.8% increase from the previous dividend of $0.74.

Details of the Dividend

  • Forward Yield: 0.59%

  • Payable Date: September 30

Conclusion

The increase in dividend reflects Martin Marietta's strong financial position and ongoing commitment to returning value to its shareholders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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