Martin Marietta Declares Quarterly Cash Dividend

Rhea-AI Summary

Martin Marietta Materials (NYSE: MLM) has announced a quarterly cash dividend of $0.79 per share on its outstanding common stock. The dividend will be paid on March 31, 2025, to shareholders of record as of March 3, 2025.

The company, a member of the S&P 500 Index, is a leading supplier of building materials including aggregates, cement, ready mixed concrete, and asphalt. Martin Marietta operates across 28 states, Canada, and The Bahamas. The company's Magnesia Specialties division produces high-purity magnesia and dolomitic lime products for environmental, industrial, agricultural, and specialty applications worldwide.

AI-generated analysis. Not financial advice.

Positive

• Maintains consistent dividend payment, indicating financial stability
• Broad geographical presence across 28 states and international markets
• Diversified product portfolio spanning building materials and specialty products

Negative

• None.

News Market Reaction – MLM

-2.86%

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-2.86% News Effect

On the day this news was published, MLM declined 2.86%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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RALEIGH, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company’s outstanding common stock. This dividend will be payable on March 31, 2025, to shareholders of record at the close of business on March 3, 2025.

Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business produces high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com.

Investor Contact:
Jacklyn Rooker
Director, Investor Relations
(919) 510-4736
Jacklyn.Rooker@martinmarietta.com

MLM-D

FAQ

What is Martin Marietta's (MLM) latest quarterly dividend amount for 2025?

Martin Marietta's latest quarterly dividend is $0.79 per share, payable on March 31, 2025.

When is the record date for Martin Marietta's Q1 2025 dividend?

The record date for Martin Marietta's Q1 2025 dividend is March 3, 2025.

How many states does Martin Marietta (MLM) operate in?

Martin Marietta operates across 28 states, along with operations in Canada and The Bahamas.

What are the main building materials products offered by Martin Marietta?

Martin Marietta's main building materials products include aggregates, cement, ready mixed concrete, and asphalt.

What products does Martin Marietta's Magnesia Specialties division produce?

The Magnesia Specialties division produces high-purity magnesia and dolomitic lime products for environmental, industrial, agricultural, and specialty applications.