Minerals Technologies Declares Quarterly Dividend

Rhea-AI Summary

Minerals Technologies declared a quarterly dividend of $0.05 per share on its common stock. This dividend will be payable on June 16, 2022, to stockholders of record as of June 2, 2022. The company reported sales of $1.9 billion in 2021 and operates globally, offering specialty mineral products for various industries including consumer products and construction.

Positive

• Quarterly dividend of $0.05 per share enhances shareholder income.
• 2021 sales reported at $1.9 billion indicate strong financial performance.

Negative

• None.

NEW YORK, May 17, 2022 (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 June 16, 2022 to stockholders of record on June 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:
Jared Kornblatt, (212) 878-1840

 

FAQ

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

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

When is the dividend payment date for MTX shareholders?

The dividend is payable on June 16, 2022.

What is the record date for the dividend payment of MTX?

The record date for the dividend payment is June 2, 2022.

What were the sales figures reported by Minerals Technologies for 2021?

Minerals Technologies reported sales of $1.9 billion for 2021.