Minerals Technologies Declares Quarterly Dividend

Rhea-AI Summary

Minerals Technologies Inc. (NYSE: MTX) announced a quarterly dividend of $0.05 per share, to be paid on March 11, 2021, for stockholders on record as of February 19, 2021. This underscores the company's commitment to returning value to shareholders amidst its operations in diverse industries, including paper, foundry, and energy. In 2019, MTI reported sales of $1.8 billion. The consistent dividend reflects the company's financial health and operational stability.

Positive

• Quarterly dividend of $0.05 per share demonstrates commitment to returning value to shareholders.
• Sales reported at $1.8 billion in 2019 indicate strong market presence and financial stability.

Negative

• None.

NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the Company’s common stock. The dividend is payable on March 11, 2021 to stockholders of record on February 19, 2021.

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 paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The company reported sales of $1.8 billion in 2019. For further information, please visit our website at www.mineralstech.com. (MTI-D)

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

Media Contact:
Michael Landau, (212) 878-1840

FAQ

What is the dividend amount declared by Minerals Technologies Inc. (MTX)?

The dividend amount declared is $0.05 per share.

When will the dividend be paid to shareholders of MTX?

The dividend will be paid on March 11, 2021.

Who is eligible to receive the dividend from MTX?

Shareholders of record on February 19, 2021, are eligible to receive the dividend.

What were the sales figures for Minerals Technologies Inc. in 2019?

Minerals Technologies Inc. reported sales of $1.8 billion in 2019.