Martin Marietta Increases Quarterly Cash Dividend

Rhea-AI Summary

Martin Marietta (NYSE:MLM) has announced its tenth consecutive annual dividend increase, raising its quarterly cash dividend by 5.1% from $0.79 to $0.83 per share. The dividend will be payable on September 30, 2025, to shareholders of record as of September 2, 2025.

The increased dividend represents an annualized rate of $3.32 per share. CEO Ward Nye emphasized that this milestone reflects the company's disciplined capital allocation approach, operational excellence, and strong financial position. Martin Marietta, an S&P 500 member, continues to focus on delivering consistent shareholder returns while investing in growth initiatives.

RALEIGH, N.C., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors approved an increase in its quarterly cash dividend, raising it from $0.79 per share to $0.83 per share on the Company’s outstanding common stock. This dividend, representing a cash dividend of $3.32 per share on an annualized basis, is payable September 30, 2025, to shareholders of record at the close of business on September 2, 2025.

Ward Nye, Chair, President and Chief Executive Officer, stated, “We are pleased to announce our tenth consecutive annual dividend increase, a milestone that underscores Martin Marietta’s disciplined approach to capital allocation and enduring shareholder value. This achievement reflects the resilience of our aggregates-led business model, the excellence of our operational execution and the strength of our financial position and free cash flow generation. Looking ahead, we remain focused on aligning capital deployment with our strategic priorities, delivering consistent shareholder returns while investing in growth initiatives that drive sustainable, long-term value creation.”

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 necessary for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business provides 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
Vice President, Investor Relations
(919) 510-4736
Jacklyn.Rooker@martinmarietta.com

MLM-D

FAQ

What is Martin Marietta's new quarterly dividend for 2025?

Martin Marietta's new quarterly dividend is $0.83 per share, increased from $0.79, payable on September 30, 2025.

What is MLM's annual dividend rate for 2025?

Martin Marietta's new annualized dividend rate is $3.32 per share following the quarterly dividend increase.

How many consecutive years has Martin Marietta increased its dividend?

Martin Marietta has increased its dividend for ten consecutive years, demonstrating consistent shareholder returns.

When is the record date for MLM's increased dividend?

The record date for Martin Marietta's increased dividend is September 2, 2025, with payment scheduled for September 30, 2025.

What is Martin Marietta's dividend payment schedule?

Martin Marietta pays dividends quarterly, with the next dividend of $0.83 per share scheduled for payment on September 30, 2025.