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Minerals Technologies Declares Quarterly Dividend

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

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 (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.
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+0.66% 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 +0.66%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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

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.

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