Materials News

Martin Marietta's financial results boost investor enthusiasm

10 November, 2023

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Building industry giant announces quarterly cash dividend for shareholders

 

 

{reg}In a recent update from Martin Marietta Materials, Inc., the company has declared a regular quarterly cash dividend of USD 0.74 per share on its outstanding common stock. This announcement positions Martin Marietta as a robust player in the building materials industry, capturing the attention of investors.

Martin Marietta, listed on the NYSE under MLM and a member of the S&P 500 Index, has become synonymous with excellence in supplying essential building materials. The declared dividend of USD 0.74 per share, equivalent to USD 2.96 annually, showcases the company's commitment to rewarding its shareholders. The dividend is scheduled to be payable on December 29, 2023, to shareholders of record as of December 1, 2023.

As a leading supplier of aggregates, cement, ready-mixed concrete, and asphalt, Martin Marietta's operations span 28 states, Canada, and The Bahamas. The company's reach and dedication to providing the fundamental resources for robust community foundations have solidified its position in the market.

Moreover, Martin Marietta's Magnesia Specialties business, producing high-purity magnesia and dolomitic lime products, extends its impact globally across environmental, industrial, agricultural, and specialty applications.

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