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Martin Marietta Declares Quarterly Cash Dividend

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Martin Marietta Materials, Inc. (NYSE: MLM) has announced a 7% increase in its quarterly cash dividend, raising it from $0.74 to $0.79 per share on outstanding common stock. This equates to an annualized cash dividend of $3.16 per share. The dividend is payable on September 30, 2024, to shareholders of record as of September 3, 2024.

This marks the company's ninth consecutive year of dividend increases, reflecting its strong financial position and commitment to returning capital to shareholders. Martin Marietta, a member of the S&P 500 Index, is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas.

Martin Marietta Materials, Inc. (NYSE: MLM) ha annunciato un incremento del 7% del dividendo trimestrale in contante, portandolo da $0.74 a $0.79 per azione sulle azioni ordinarie in circolazione. Questo si traduce in un dividendo annualizzato di $3.16 per azione. Il dividendo sarà pagabile il 30 settembre 2024, agli azionisti registrati al 3 settembre 2024.

Questo segna il nono anno consecutivo di aumenti dei dividendi per l'azienda, a testimonianza della sua solida posizione finanziaria e del suo impegno a restituire capitale agli azionisti. Martin Marietta, membro dell'Indice S&P 500, è un fornitore leader di materiali da costruzione, inclusi aggregati, cemento, calcestruzzo preconfezionato e asfalto, operando in 28 stati, in Canada e nelle Bahamas.

Martin Marietta Materials, Inc. (NYSE: MLM) ha anunciado un aumento del 7% en su dividendo en efectivo trimestral, elevándolo de $0.74 a $0.79 por acción sobre las acciones ordinarias en circulación. Esto se traduce en un dividendo en efectivo anualizado de $3.16 por acción. El dividendo se pagará el 30 de septiembre de 2024 a los accionistas registrados a partir del 3 de septiembre de 2024.

Esto marca el noveno año consecutivo de aumentos de dividendos para la empresa, reflejando su sólida posición financiera y su compromiso de devolver capital a los accionistas. Martin Marietta, miembro del índice S&P 500, es un proveedor líder de materiales de construcción, incluidos agregados, cemento, concreto premezclado y asfalto, operando en 28 estados, Canadá y las Bahamas.

마틴 마리에타 머티리얼즈(Martin Marietta Materials, Inc.) (NYSE: MLM)는 분기별 현금 배당금 7% 증가를 발표하며, 배당금을 $0.74에서 $0.79 주당으로 인상했습니다. 이는 주당 $3.16의 연간 현금 배당금을 의미합니다. 배당금은 2024년 9월 30일에 지급되며, 2024년 9월 3일 기준 주주에게 지급됩니다.

이는 회사가 9년 연속 배당금 증가를 기록한 것으로, 강력한 재무 상태와 주주에 대한 자본 환원에 대한 의지를 반영합니다. 마틴 마리에타는 S&P 500 지수에 포함된 기업으로, 28개 주와 캐나다, 바하마에서 운영되는 건축 자재의 주요 공급업체입니다.

Martin Marietta Materials, Inc. (NYSE: MLM) a annoncé une augmentation de 7 % de son dividende trimestriel en espèces, le faisant passer de 0,74 $ à 0,79 $ par action sur les actions ordinaires en circulation. Cela équivaut à un dividende en espèces annualisé de 3,16 $ par action. Le dividende sera payable le 30 septembre 2024 aux actionnaires enregistrés au 3 septembre 2024.

Cela marque la neuvième année consécutive d'augmentations de dividendes pour l'entreprise, ce qui reflète sa solide position financière et son engagement à restituer du capital aux actionnaires. Martin Marietta, membre de l'indice S&P 500, est un fournisseur de premier plan de matériaux de construction, y compris des granulats, du ciment, du béton prêt à l'emploi et de l'asphalte, opérant dans 28 États, au Canada et aux Bahamas.

Martin Marietta Materials, Inc. (NYSE: MLM) hat eine Erhöhung der vierteljährlichen Bar-Dividende um 7% angekündigt, von $0.74 auf $0.79 pro Aktie der ausstehenden Stammaktien. Dies entspricht einer annualisierten Bar-Dividende von $3.16 pro Aktie. Die Dividende ist am 30. September 2024 zahlbar an Aktionäre, die am 3. September 2024 eingetragen sind.

Dies markiert das neunte aufeinanderfolgende Jahr mit Dividendenerhöhungen des Unternehmens, was seine starke finanzielle Lage und das Engagement zeigt, Kapital an die Aktionäre zurückzugeben. Martin Marietta, Mitglied des S&P 500 Index, ist ein führender Anbieter von Baustoffen, einschließlich Zuschlägen, Zement, Fertigmischbeton und Asphalt, und ist in 28 Bundesstaaten, Kanada und den Bahamas tätig.

Positive
  • 7% increase in quarterly cash dividend
  • Ninth consecutive year of dividend increases
  • Strong financial position allowing for capital return to shareholders
  • Diversified operations across 28 states, Canada, and The Bahamas
Negative
  • None.

RALEIGH, N.C., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors approved a seven percent increase in its quarterly cash dividend, raising it from $0.74 per share to $0.79 per share on the Company’s outstanding common stock. This dividend, representing a cash dividend of $3.16 per share on an annualized basis, is payable September 30, 2024, to shareholders of record at the close of business on September 3, 2024.

Ward Nye, Chair, President and Chief Executive Officer, stated, “Today’s announced dividend increase marks our ninth consecutive year of doing so, extending Martin Marietta’s long track record of delivering meaningful and sustainable dividends as a component of our balanced capital allocation priorities. Our durable, aggregates-led business model, disciplined commercial and operational practices and strong financial position allow the Company to prudently return capital to shareholders while continuing to invest in future growth opportunities to drive superior shareholder value for decades to come.”

Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business produces high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com.

Investor Contact:
Jacklyn Rooker
Director, Investor Relations
(919) 510-4736
Jacklyn.Rooker@martinmarietta.com

MLM-D


FAQ

What is Martin Marietta's new quarterly dividend amount for 2024?

Martin Marietta's new quarterly dividend is $0.79 per share, increased from $0.74 per share.

When will Martin Marietta (MLM) pay its next dividend?

Martin Marietta will pay its next dividend on September 30, 2024, to shareholders of record as of September 3, 2024.

How much is Martin Marietta's annualized dividend for 2024?

Martin Marietta's annualized dividend for 2024 is $3.16 per share, based on the new quarterly dividend of $0.79.

How many consecutive years has Martin Marietta (MLM) increased its dividend?

Martin Marietta has increased its dividend for nine consecutive years, as of 2024.

Martin Marietta Materials

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31.82B
61.12M
0.7%
99.89%
1.86%
Building Materials
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
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United States of America
RALEIGH