Materion Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

Materion Corporation (NYSE: MTRN) announced a quarterly dividend of $0.12 per share, payable on March 11, 2022, to shareholders recorded by the close of business on February 24, 2022. The company, headquartered in Mayfield Heights, Ohio, specializes in providing advanced materials, including specialty metals and engineered alloys, to global markets.

Positive

• Dividends provide consistent income for shareholders.
• Confidence in financial health demonstrated by dividend declaration.

Negative

• None.

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared its first quarter 2022 dividend of $0.12 per share of common stock. The dividend is payable on March 11, 2022 to shareholders of record at the close of business on February 24, 2022.

Materion Corporation is headquartered in Mayfield Heights, Ohio. Materion, through its wholly owned subsidiaries, supplies highly engineered advanced enabling materials to global markets. Products include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220201006110/en/

Investors:

John Zaranec

(216) 383-4010

john.zaranec@materion.com

Media:

Jason Saragian

(216) 383-6893

jason.saragian@materion.com

Mayfield Hts-g

Source: Materion Corporation

FAQ

What is the dividend amount for MTRN in Q1 2022?

The dividend amount for MTRN in Q1 2022 is $0.12 per share.

When will the MTRN dividend be paid?

The MTRN dividend will be paid on March 11, 2022.

What date is the record for MTRN dividend?

The record date for the MTRN dividend is February 24, 2022.

How often does Materion Corporation pay dividends?

Materion Corporation typically pays dividends quarterly.

Is the MTRN dividend sustainable?

The sustainability of the MTRN dividend depends on the company's financial performance and profitability.