Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company operates through three segments: Performance Materials, Specialty Minerals and Refractories. The Performance Materials segment supplies bentonite and bentonite-related products, as well as leonardite. This segment also offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, it provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction and remediation project customers. The Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper and packaging, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. The Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. The company markets its products primarily through its direct sales force, as well as regional distributors. It serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.
Minerals Technologies Dividend Announcement
• Minerals Technologies announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-10-31
• Minerals Technologies annual dividend for 2024 was $0.41
• Minerals Technologies annual dividend for 2023 was $0.25
• Minerals Technologies's trailing twelve-month (TTM) dividend yield is 0.68%
• Minerals Technologies's payout ratio for the trailing twelve months (TTM) is 8.44%
• Minerals Technologies's dividend growth over the last five years (2018-2023) was 4.56% year
• Minerals Technologies's dividend growth over the last ten years (2013-2023) was 2.26% year
Minerals Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.11 | quarterly | 2024-12-05 |
2024-08-16 | $0.10 | quarterly | 2024-09-06 |
2024-05-31 | $0.10 | quarterly | 2024-06-13 |
2024-02-14 | $0.10 | quarterly | 2024-03-07 |
2023-10-31 | $0.10 | quarterly | 2023-12-07 |
2023-08-17 | $0.05 | quarterly | 2023-09-08 |
2023-05-31 | $0.05 | quarterly | 2023-06-15 |
2023-02-15 | $0.05 | quarterly | 2023-03-09 |
2022-11-01 | $0.05 | quarterly | 2022-12-08 |
2022-08-18 | $0.05 | quarterly | 2022-09-09 |
2022-06-01 | $0.05 | quarterly | 2022-06-16 |
2022-02-16 | $0.05 | quarterly | 2022-03-10 |
2021-11-02 | $0.05 | quarterly | 2021-12-09 |
2021-08-19 | $0.05 | quarterly | 2021-09-09 |
2021-06-02 | $0.05 | quarterly | 2021-06-17 |
2021-02-18 | $0.05 | quarterly | 2021-03-11 |
2020-10-30 | $0.05 | quarterly | 2020-12-10 |
2020-08-20 | $0.05 | quarterly | 2020-09-03 |
2020-05-27 | $0.05 | quarterly | 2020-06-11 |
2020-02-13 | $0.05 | quarterly | 2020-03-05 |
2019-11-01 | $0.05 | quarterly | 2019-12-12 |
2019-08-22 | $0.05 | quarterly | 2019-09-05 |
2019-05-29 | $0.05 | quarterly | 2019-06-13 |
2019-02-14 | $0.05 | quarterly | 2019-03-07 |
2018-11-23 | $0.05 | quarterly | 2018-12-07 |
2018-08-23 | $0.05 | quarterly | 2018-09-06 |
2018-05-30 | $0.05 | quarterly | 2018-06-14 |
2018-02-15 | $0.05 | quarterly | 2018-03-08 |
2017-11-24 | $0.05 | quarterly | 2017-12-08 |
2017-08-23 | $0.05 | quarterly | 2017-09-07 |
2017-05-26 | $0.05 | quarterly | 2017-06-09 |
2017-02-15 | $0.05 | quarterly | 2017-03-09 |
2016-11-23 | $0.05 | quarterly | 2016-12-09 |
2016-08-24 | $0.05 | quarterly | 2016-09-08 |
2016-05-24 | $0.05 | quarterly | 2016-06-09 |
2016-02-17 | $0.05 | quarterly | 2016-03-10 |
2015-11-23 | $0.05 | quarterly | 2015-12-10 |
2015-08-25 | $0.05 | quarterly | 2015-09-10 |
2015-05-22 | $0.05 | quarterly | 2015-06-10 |
2015-02-18 | $0.05 | quarterly | 2015-03-11 |
2014-11-25 | $0.05 | quarterly | 2014-12-11 |
2014-08-26 | $0.05 | quarterly | 2014-09-11 |
2014-05-23 | $0.05 | quarterly | 2014-06-11 |
2014-02-19 | $0.05 | quarterly | 2014-03-12 |
2013-11-26 | $0.05 | quarterly | 2013-12-12 |
2013-08-27 | $0.05 | quarterly | 2013-09-12 |
2013-05-24 | $0.05 | quarterly | 2013-06-12 |
2013-02-20 | $0.05 | quarterly | 2013-03-13 |
Minerals Technologies Dividend per year
Minerals Technologies Dividend growth
Minerals Technologies Dividend Yield
Minerals Technologies current trailing twelve-month (TTM) dividend yield is 0.68%. Interested in purchasing Minerals Technologies stock? Use our calculator to estimate your expected dividend yield:
Minerals Technologies Financial Ratios
Minerals Technologies Dividend FAQ
Other factors to consider when evaluating Minerals Technologies 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: Minerals Technologies'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, Minerals Technologies 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, Minerals Technologies 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 Minerals Technologies 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: Minerals Technologies 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, Minerals Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Minerals Technologies 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 Minerals Technologies'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 Minerals Technologies'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.