Martin Marietta Declares Quarterly Cash Dividend
Martin Marietta Materials (NYSE: MLM) has announced a quarterly cash dividend of $0.79 per share on its outstanding common stock.
Sentiment and the balance of points
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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.
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.
Details
News Market Reaction – MLM
The recorded move for MLM in the trading session of this news was -2.86%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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