MLM Martin Marietta Materials Inc.

Martin Marietta Declares Quarterly Cash Dividend

Martin Marietta Declares Quarterly Cash Dividend

RALEIGH, N.C., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors approved a seven percent increase in its quarterly cash dividend, raising it from $0.74 per share to $0.79 per share on the Company’s outstanding common stock. This dividend, representing a cash dividend of $3.16 per share on an annualized basis, is payable September 30, 2024, to shareholders of record at the close of business on September 3, 2024.

Ward Nye, Chair, President and Chief Executive Officer, stated, “Today’s announced dividend increase marks our ninth consecutive year of doing so, extending Martin Marietta’s long track record of delivering meaningful and sustainable dividends as a component of our balanced capital allocation priorities. Our durable, aggregates-led business model, disciplined commercial and operational practices and strong financial position allow the Company to prudently return capital to shareholders while continuing to invest in future growth opportunities to drive superior shareholder value for decades to come.”

Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business produces high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. For more information, visit or .

Investor Contact:

Jacklyn Rooker

Director, Investor Relations

(919) 510-4736

MLM-D



EN
15/08/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Martin Marietta Materials Inc.

 PRESS RELEASE

Martin Marietta Declares Quarterly Cash Dividend

Martin Marietta Declares Quarterly Cash Dividend RALEIGH, N.C., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $3.16 per share on an annualized basis, is payable December 31, 2024, to shareholders of record at the close of business on December 2, 2024. Martin Marietta, a member of the S&P 500 Index, is an American-based ...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke
ACM AECOM
EME EMCOR GROUP ... (+11)

Vermilion Compass: Weekly Equity Strategy

Buy the Pullback Our outlook remains bullish following the S&P 500's multi-month base breakout above 5670, alongside constructive market dynamics; the path of least resistance is higher. We have discussed for the past two weeks (since our 10/22/24 Compass) how we would treat any pre-election pullback as a buying opportunity, and we are finally getting a pullback. We expect to see support on the SPX at 5600-5670, and we will remain bullish as long as 5600 support holds. Once past the election, s...

 PRESS RELEASE

Martin Marietta Announces Pricing Terms of Debt Offering

Martin Marietta Announces Pricing Terms of Debt Offering RALEIGH, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) announced today the pricing of its offering of $750 million aggregate principal amount of 5.150% Senior Notes due 2034 (the “2034 Notes”) and $750 million aggregate principal amount of 5.500% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”). The 2034 Notes will mature on December 1, 2034, will have an interest rate of 5.150% per annum and will be issued at 99.266% of ...

 PRESS RELEASE

Martin Marietta Reports Third-Quarter 2024 Results

Martin Marietta Reports Third-Quarter 2024 Results Achieved Record Quarterly Aggregates Gross Profit Per Ton Despite Weather Impacts Delivered Record Third-Quarter Cash Flows from Operations and Magnesia Specialties Revenues and Gross Profit Acquired Pure Aggregates Assets in South Florida and Southern California RALEIGH, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the third quarter ended September 3...

 PRESS RELEASE

Martin Marietta Announces Third-Quarter 2024 Earnings Conference Call

Martin Marietta Announces Third-Quarter 2024 Earnings Conference Call RALEIGH, N.C., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its third-quarter 2024 earnings conference call on Wednesday, October 30, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter ended September 30, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company’s website at . The conference call may also...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch