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Minerals Technologies Declares Quarterly Dividend

Minerals Technologies Inc. (NYSE: MTX) has declared a quarterly dividend of $0.05 per share.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Minerals Technologies Inc. (NYSE: MTX) has declared a quarterly dividend of $0.05 per share. This dividend will be payable on December 8, 2022, to stockholders on record as of November 2, 2022. The company, based in New York, specializes in developing and marketing a wide range of specialty and synthetic mineral products across various industries, having reported sales of $1.9 billion in 2021. For more information, visit www.mineralstech.com.

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Positive

  • Quarterly dividend of $0.05 enhances shareholder income.
  • Company reported $1.9 billion in sales for 2021, indicating strong financial performance.

Negative

  • None.
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-1.38% session move Open Argus
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News Market Reaction – MTX

The recorded move for MTX in the trading session of this news was -1.38%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today declared a regular quarterly dividend of $0.05 per share on the Company’s common stock. The dividend is payable on December 8, 2022, to stockholders of record on November 2, 2022.

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 consumer products, paper & packaging, foundry, steel, construction, environmental, energy, and polymer industries. The Company reported sales of $1.9 billion in 2021. For further information, please visit our website at www.mineralstech.com. (MTI-D)

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

Media Contact:
Rajni Dhanjani, (212) 878-1840


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

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

When will the dividend be paid to shareholders of MTX?

The dividend will be paid on December 8, 2022.

Who is eligible to receive the dividend from MTX?

Stockholders of record as of November 2, 2022, are eligible to receive the dividend.

What were the sales figures for Minerals Technologies Inc. in 2021?

The company reported sales of $1.9 billion in 2021.

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