Minerals Technologies Declares Quarterly Dividend

Rhea-AI Summary

Minerals Technologies Inc. (NYSE: MTX) has declared a quarterly dividend of $0.05 per share on its common stock, payable on September 9, 2021, to stockholders of record as of August 20, 2021. The company reported sales of $1.6 billion in 2020 and operates across multiple sectors, including paper, construction, and energy. This dividend reflects the company's commitment to returning value to shareholders amidst its broad product offerings and significant market presence.

Positive

• Quarterly dividend of $0.05 per share reflects company's commitment to returning value to shareholders.
• Sales of $1.6 billion in 2020 indicate strong market presence.

Negative

• None.

NEW YORK, July 21, 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 September 9, 2021 to stockholders of record on August 20, 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 $1.6 billion in 2020. 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)?

Minerals Technologies Inc. declared a quarterly dividend of $0.05 per share.

When will the dividend be paid for MTX?

The dividend will be paid on September 9, 2021.

What is the record date for the MTX dividend?

The record date for the dividend is August 20, 2021.

What industries does Minerals Technologies Inc. serve?

Minerals Technologies Inc. serves industries including paper, foundry, steel, construction, environmental, energy, polymer, and consumer products.

How much did Minerals Technologies Inc. report in sales for 2020?

Minerals Technologies Inc. reported sales of $1.6 billion in 2020.