Minerals Technologies Declares Quarterly Dividend
Minerals Technologies Inc. (NYSE: MTX) has announced a regular quarterly dividend of $0.05 per share, set to be paid on September 3, 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) has announced a regular quarterly dividend of $0.05 per share, set to be paid on September 3, 2020. Shareholders of record will be those on August 21, 2020. The company reported sales reaching $1.8 billion in 2019, positioning itself as a leader in specialty mineral and synthetic mineral product development across various industries, including paper, foundry, and energy. This dividend declaration highlights the company's ongoing commitment to returning value to its shareholders.
Positive
- Regular quarterly dividend of $0.05 per share declared, indicating financial stability.
- Total sales of $1.8 billion reported in 2019, showcasing strong revenue.
Negative
- None.
Details
News Market Reaction – MTX
The recorded move for MTX in the trading session of this news was +3.78%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, July 15, 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 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
Investor Contact:
Erik Aldag, (212) 878-1831
Media Contact:
Michael Landau, (212) 878-1840
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