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Minerals Technologies Declares Quarterly Dividend

Minerals Technologies (NYSE: MTX) has declared a quarterly dividend of $0.05 per share on its common stock.

(Neutral)

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 declared a quarterly dividend of $0.05 per share on its common stock. This dividend will be payable on December 10, 2020, to stockholders of record by November 2, 2020. In 2019, the company reported $1.8 billion in sales and offers a diverse range of specialty mineral products and services across multiple industries, including paper, steel, and energy. The announcement reflects the company’s continued commitment to returning value to shareholders.

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Positive

  • Declared quarterly dividend of $0.05 per share, reflecting shareholder value.
  • Strong sales reported at $1.8 billion in 2019 indicating solid business performance.

Negative

  • None.

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

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NEW YORK, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the Company’s common stock. The dividend is payable on December 10, 2020 to stockholders of record on November 2, 2020.

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 $1.8 billion in 2019. For further information, please visit our website at www.mineralstech.com. (MTI-D)

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.

What is the dividend amount declared by Minerals Technologies (MTX)?

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

When is the dividend payable for MTX?

The dividend is payable on December 10, 2020.

What is the record date for the MTX dividend?

The record date for the dividend is November 2, 2020.

How much did Minerals Technologies earn in 2019?

Minerals Technologies reported sales of $1.8 billion in 2019.

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