Materion Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Materion Corporation (NYSE: MTRN) has declared a first-quarter 2024 dividend of $0.13 per share of common stock, payable on March 8, 2024, to shareholders of record at the close of business on February 22, 2024.

Positive

• Materion Corporation has declared a dividend for the first quarter of 2024, which indicates a commitment to returning value to its shareholders.
• The dividend amount of $0.13 per share of common stock is a positive sign for investors, demonstrating the company's financial stability and ability to generate profits.

Negative

• None.

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared its first-quarter 2024 dividend of $0.13 per share of common stock. The dividend is payable on March 8, 2024, to shareholders of record at the close of business on February 22, 2024.

About Materion

Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,700 talented people worldwide, serving customers in more than 60 countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240131442343/en/

Investors:

Kyle Kelleher

(216) 383-4931

kyle.kelleher@materion.com

Media:

Jason Saragian

(216) 383-6893

jason.saragian@materion.com

Source: Materion Corporation

FAQ

What is the dividend amount declared by Materion Corporation for the first quarter of 2024?

Materion Corporation has declared a dividend of $0.13 per share of common stock for the first quarter of 2024.

When is the dividend payable to shareholders?

The dividend is payable on March 8, 2024.

Who are eligible to receive the dividend?

Shareholders of record at the close of business on February 22, 2024, are eligible to receive the dividend.