Minerals Technologies Declares Quarterly Dividend
Minerals Technologies Inc. (NYSE: MTX) announced a quarterly dividend of $0.05 per share, to be paid on March 11, 2021, for stockholders on record as of February 19, 2021.
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.
Rhea-AI Summary
Minerals Technologies Inc. (NYSE: MTX) announced a quarterly dividend of $0.05 per share, to be paid on March 11, 2021, for stockholders on record as of February 19, 2021. This underscores the company's commitment to returning value to shareholders amidst its operations in diverse industries, including paper, foundry, and energy. In 2019, MTI reported sales of $1.8 billion. The consistent dividend reflects the company's financial health and operational stability.
Positive
- Quarterly dividend of $0.05 per share demonstrates commitment to returning value to shareholders.
- Sales reported at $1.8 billion in 2019 indicate strong market presence and financial stability.
Negative
- None.
Details
News Market Reaction – MTX
The recorded move for MTX in the trading session of this news was -3.70%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of
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
Investor Contact:
Erik Aldag, (212) 878-1831
Media Contact:
Michael Landau, (212) 878-1840
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.