Minerals Technologies Declares Quarterly Dividend
Minerals Technologies Inc. (NYSE: MTX) announced a quarterly dividend of $0.05 per share, payable on June 11, 2020, to stockholders of record by May 28, 2020.
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, payable on June 11, 2020, to stockholders of record by May 28, 2020. The company serves various industries, including paper, foundry, and construction, and reported $1.8 billion in sales for 2019. This dividend declaration highlights the company's ongoing commitment to returning value to shareholders while maintaining a robust market presence.
Positive
- Declared a quarterly dividend of $0.05 per share, indicating confidence in financial stability.
- Reported sales of $1.8 billion in 2019, demonstrating strong market performance.
Negative
- None.
Details
News Market Reaction – MTX
The recorded move for MTX in the trading session of this news was -0.34%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, May 12, 2020 (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 resource- and technology-based growth company that develops, produces and markets worldwide 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:
Matt Garth, (212) 878-1831
Media Contact:
Michael Landau, (212) 878-1840
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