Minerals Technologies Declares Quarterly Dividend

Rhea-AI Summary

Minerals Technologies Inc. (MTX) announced a quarterly dividend of $0.05 per share, payable on September 9, 2022, to stockholders recorded on August 19, 2022. In 2021, the company achieved sales of $1.9 billion, showcasing its role as a global provider of specialty mineral products across various industries including consumer products, paper, and construction.

Positive

• Quarterly dividend of $0.05 per share announced.
• Company reported sales of $1.9 billion in 2021, indicating strong revenue performance.

Negative

• None.

NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today declared a regular quarterly dividend of $0.05 per share on the Company’s common stock. The dividend is payable on September 9, 2022, to stockholders of record on August 19, 2022.

About Minerals Technologies Inc.
New York-based Minerals Technologies Inc. (MTI) is a global resource- and technology-based company that develops, produces, and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the consumer products, paper, packaging, foundry, steel, construction, environmental, energy, and polymer industries. The Company reported sales of $1.9 billion in 2021. For further information, please visit our website at www.mineralstech.com. (MTI-D)

Investor Contact:
Erik Aldag, (212) 878-1831

Media Contact:
Jared Kornblatt, (212) 878-1840

FAQ

What is the dividend amount for MTX?

The quarterly dividend declared by Minerals Technologies Inc. is $0.05 per share.

When will the MTX dividend be paid?

The dividend will be payable on September 9, 2022.

What is the record date for the MTX dividend?

Stockholders of record on August 19, 2022, will receive the dividend.

What were the sales figures for MTX in 2021?

Minerals Technologies Inc. reported sales of $1.9 billion in 2021.