Welcome to our dedicated page for Minerals Tech news (Ticker: MTX), a resource for investors and traders seeking the latest updates and insights on Minerals Tech stock.
Minerals Technologies Inc. reports developments for a global specialty minerals business that develops, produces, and markets minerals and mineral-based products and services for consumer and industrial markets. The company operates through Consumer & Specialties, including Household & Personal Care and Specialty Additives, and Engineered Solutions, including High-Temperature Technologies and Environmental & Infrastructure.
Recurring MTX news includes quarterly results, conference-call announcements, dividend declarations, investor-conference participation, and capacity updates for paper and packaging satellite plants. Company updates also describe mineral-to-market household products, specialty additives for paper, packaging, food, pharmaceuticals, coatings and construction, and process technologies used in manufacturing, environmental and infrastructure applications.
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.
Minerals Technologies Inc. (NYSE: MTX) announced the completion of the sale of its subsidiary, Barretts Minerals Inc.'s talc assets to Riverspan Partners for $32 million. The sale was approved by the United States Bankruptcy Court for the Southern District of Texas as part of Barretts Minerals Inc.'s Chapter 11 process. The proceeds will fund the ongoing case and the creation of a section 524(g) trust. The sale allows MTI to focus on its long-term strategic objectives. Riverspan Partners, a Chicago-based investment firm, is committed to the growth and success of Barretts Minerals.
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