Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Martin Marietta Materials Dividend Announcement
• Martin Marietta Materials announced a quarterly dividend of $0.79 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-02
• Martin Marietta Materials annual dividend for 2024 was $3.06
• Martin Marietta Materials annual dividend for 2023 was $2.80
• Martin Marietta Materials's trailing twelve-month (TTM) dividend yield is 0.53%
• Martin Marietta Materials's payout ratio for the trailing twelve months (TTM) is 9.41%
• Martin Marietta Materials's dividend growth over the last five years (2018-2023) was 8.76% year
• Martin Marietta Materials's dividend growth over the last ten years (2013-2023) was 5.76% year
Martin Marietta Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.79 | quarterly | 2024-12-31 |
2024-09-03 | $0.79 | quarterly | 2024-09-30 |
2024-06-03 | $0.74 | quarterly | 2024-06-28 |
2024-03-01 | $0.74 | quarterly | 2024-03-28 |
2023-11-30 | $0.74 | quarterly | 2023-12-29 |
2023-08-31 | $0.74 | quarterly | 2023-09-29 |
2023-05-31 | $0.66 | quarterly | 2023-06-30 |
2023-03-03 | $0.66 | quarterly | 2023-03-31 |
2022-11-30 | $0.66 | quarterly | 2022-12-30 |
2022-08-31 | $0.66 | quarterly | 2022-09-30 |
2022-05-31 | $0.61 | quarterly | 2022-06-30 |
2022-02-28 | $0.61 | quarterly | 2022-03-31 |
2021-11-30 | $0.61 | quarterly | 2021-12-31 |
2021-08-31 | $0.61 | quarterly | 2021-09-30 |
2021-05-28 | $0.57 | quarterly | 2021-06-30 |
2021-02-26 | $0.57 | quarterly | 2021-03-31 |
2020-11-30 | $0.57 | quarterly | 2020-12-31 |
2020-08-31 | $0.57 | quarterly | 2020-09-30 |
2020-05-29 | $0.55 | quarterly | 2020-06-30 |
2020-02-28 | $0.55 | quarterly | 2020-03-31 |
2019-11-29 | $0.55 | quarterly | 2019-12-31 |
2019-08-30 | $0.55 | quarterly | 2019-09-30 |
2019-05-31 | $0.48 | quarterly | 2019-06-28 |
2019-03-01 | $0.48 | quarterly | 2019-03-29 |
2018-11-30 | $0.48 | quarterly | 2018-12-31 |
2018-08-31 | $0.48 | quarterly | 2018-09-28 |
2018-05-31 | $0.44 | quarterly | 2018-06-29 |
2018-03-02 | $0.44 | quarterly | 2018-03-29 |
2017-11-30 | $0.44 | quarterly | 2017-12-29 |
2017-08-31 | $0.44 | quarterly | 2017-09-29 |
2017-05-30 | $0.42 | quarterly | 2017-06-30 |
2017-03-02 | $0.42 | quarterly | 2017-03-31 |
2016-11-29 | $0.42 | quarterly | 2016-12-30 |
2016-08-30 | $0.42 | quarterly | 2016-09-30 |
2016-05-27 | $0.40 | quarterly | 2016-06-30 |
2016-02-26 | $0.40 | quarterly | 2016-03-31 |
2015-11-27 | $0.40 | quarterly | 2015-12-31 |
2015-08-28 | $0.40 | quarterly | 2015-09-30 |
2015-05-28 | $0.40 | quarterly | 2015-06-30 |
2015-02-26 | $0.40 | quarterly | 2015-03-31 |
2014-11-26 | $0.40 | quarterly | 2014-12-31 |
2014-08-28 | $0.40 | quarterly | 2014-09-30 |
2014-05-29 | $0.40 | quarterly | 2014-06-30 |
2014-02-27 | $0.40 | quarterly | 2014-03-31 |
2013-11-27 | $0.40 | quarterly | 2013-12-31 |
2013-08-29 | $0.40 | quarterly | 2013-09-30 |
2013-05-30 | $0.40 | quarterly | 2013-06-28 |
2013-02-27 | $0.40 | quarterly | 2013-03-29 |
Martin Marietta Materials Dividend per year
Martin Marietta Materials Dividend growth
Martin Marietta Materials Dividend Yield
Martin Marietta Materials current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Martin Marietta Materials stock? Use our calculator to estimate your expected dividend yield:
Martin Marietta Materials Financial Ratios
Martin Marietta Materials Dividend FAQ
Other factors to consider when evaluating Martin Marietta Materials as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Martin Marietta Materials's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Martin Marietta Materials publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Martin Marietta Materials distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Martin Marietta Materials are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Martin Marietta Materials sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Martin Marietta Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Martin Marietta Materials declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Martin Marietta Materials's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Martin Marietta Materials's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.