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Minerals Technologies Declares Quarterly Dividend

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Rhea-AI Summary

Minerals Technologies (NYSE: MTX) has announced a regular quarterly dividend of $0.10 per share on its common stock.

The dividend will be paid on June 13, 2024, to shareholders who are on record as of May 31, 2024.

This marks the company's continued commitment to return value to its shareholders.

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Positive

  • Minerals Technologies declared a quarterly dividend of $0.10 per share.
  • The dividend will be paid on June 13, 2024.
  • Shareholders of record as of May 31, 2024, will receive the dividend.
  • Demonstrates MTX's commitment to returning value to shareholders.

Negative

  • Dividend amount of $0.10 per share may be considered low by some investors.
  • No growth in dividend amount compared to previous quarters.

News Market Reaction – MTX

+0.66%
1 alert
+0.66% News Effect

On the day this news was published, MTX gained 0.66%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today declared a regular quarterly dividend of $0.10 per share on the Company’s common stock. The dividend is payable on June 13, 2024, to the stockholders of record at the close of business on May 31, 2024.

About Minerals Technologies Inc.
New York-based Minerals Technologies Inc. (MTI) is a leading, technology-driven specialty minerals company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems, and services. MTI serves globally a wide range of consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental. The company reported global sales of $2.1 billion in 2022. For further information, please visit our website at www.mineralstech.com.

Investor Contact:
Lydia Kopylova, (212) 878-1831

Media Contact:
Jennifer Albert, (212) 878-1840


FAQ

What is the dividend declared by Minerals Technologies for the current quarter?

Minerals Technologies declared a quarterly dividend of $0.10 per share.

When will Minerals Technologies pay the declared dividend?

The dividend will be paid on June 13, 2024.

What is the record date for the Minerals Technologies dividend?

Shareholders must be on record by May 31, 2024, to receive the dividend.

What is the stock symbol for Minerals Technologies?

The stock symbol for Minerals Technologies is MTX.
Minerals Tech

NYSE:MTX

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2.15B
30.65M
Specialty Chemicals
Industrial Inorganic Chemicals
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United States
NEW YORK