Eagle Materials Declares Quarterly Dividend

Rhea-AI Summary

Eagle Materials Inc. (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, scheduled for payment on January 12, 2023. Stockholders of record as of December 16, 2022 will receive this dividend. The company, based in Dallas, Texas, specializes in manufacturing and distributing key construction materials, including Portland Cement and Gypsum Wallboard from over 70 facilities across the U.S.

Positive

• Quarterly cash dividend of $0.25 per share enhances shareholder value.
• Confidence in ongoing profitability as demonstrated by dividend declaration.

Negative

• None.

DALLAS--(BUSINESS WIRE)-- The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on January 12, 2023, to stockholders of record of its Common Stock at the close of business on December 16, 2022.

About Eagle Materials Inc.

Eagle Materials Inc. manufactures and distributes Portland Cement, Gypsum Wallboard, Recycled Paperboard and Concrete and Aggregates from more than 70 facilities across the US. Eagle’s corporate headquarters is in Dallas, Texas.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221108005424/en/

For additional information, contact at 214/432-2000.

Michael R. Haack

President and Chief Executive Officer

D. Craig Kesler

Executive Vice President, Finance and Administration and CFO

Robert S. Stewart

Executive Vice President, Strategy, Corporate Development and Communications

Source: Eagle Materials Inc.

FAQ

What is the dividend amount declared by Eagle Materials Inc. (EXP)?

Eagle Materials Inc. has declared a quarterly cash dividend of $0.25 per share.

When will the dividend for EXP be paid?

The dividend will be paid on January 12, 2023.

What is the record date for the EXP dividend?

The record date for the dividend is December 16, 2022.

How does the dividend impact Eagle Materials Inc. shareholders?

The dividend payment represents a return on investment, providing income for shareholders.