Martin Marietta Declares Quarterly Cash Dividend

Rhea-AI Summary

Martin Marietta Materials, Inc. (NYSE: MLM) declared a quarterly cash dividend of $0.66 per share, amounting to an annualized dividend of $2.64. The dividend is payable on March 31, 2023, to shareholders recorded by the end of business on March 6, 2023. As a leader in building materials, Martin Marietta operates across 28 states, Canada, and The Bahamas, providing essential resources for construction and infrastructure.

Positive

• Quarterly cash dividend of $0.66, indicating financial strength.
• Annualized dividend of $2.64, reflecting company confidence in sustained performance.

Negative

• None.

RALEIGH, N.C., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.66 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $2.64 per share on an annualized basis, is payable March 31, 2023, to shareholders of record at the close of business on March 6, 2023.

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:
Jennifer Park
Vice President, Investor Relations
(919) 510-4736
Jennifer.Park@martinmarietta.com

MLM-D

FAQ

What is the dividend amount for Martin Marietta (MLM) in 2023?

The dividend amount declared is $0.66 per share.

When will the dividend be paid to shareholders of Martin Marietta (MLM)?

The dividend will be paid on March 31, 2023.

What is the record date for the dividend of Martin Marietta (MLM)?

The record date for the dividend is March 6, 2023.