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Martin Marietta Materials (MLM) Dividend Yield, Date & History

Martin Marietta Materials logo
$533.69 +7.92 (+1.51%)
(As of 12/20/2024 05:31 PM ET)

Martin Marietta Materials Dividend Summary

Dividend Yield
0.59%
Annual Dividend
$3.16
Next
Dividend Payment
Dec. 31
Annualized 3-Year
Dividend Growth
7.72%
Dividend Payout Ratio
9.85%

Martin Marietta Materials (MLM) pays an annual dividend of $3.16 per share, with a dividend yield of 0.59%. The next quarterly payment of $0.79 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Monday, December 2. The company currently pays out 9.85% of its earnings and 11.77% of its cash flow as dividends.

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MLM Dividend Payments by Quarter

The chart below displays up to four years of Martin Marietta Materials' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MLM Dividend Yield Over Time

The chart below tracks Martin Marietta Materials' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Martin Marietta Materials vs. The Competition

Compare Martin Marietta Materials' annual dividend, yield, and 3-year growth rate with averages for Construction and NYSE companies to evaluate its performance against the market.

TypeMartin Marietta MaterialsConstruction CompaniesNYSE Companies
Annual Dividend$3.16$0.01$1.39
Dividend Yield0.59%1.89%3.61%
Annualized 3-Year Dividend Growth7.72%20.40%15.78%

Martin Marietta Materials Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings9.85%
Based on This Year's Estimate17.97%
Based on Next Year's Estimate15.31%
Based on Cashflow11.77%

Martin Marietta Materials Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024quarterly$0.79 - 0.5%12/2/202412/2/202412/31/2024
8/15/2024Quarterly$0.79+$0.05
6.76%
0.6%9/3/20249/3/20249/30/2024
5/16/2024quarterly$0.74 - 0.5%6/3/20246/3/20246/28/2024
2/22/2024quarterly$0.74 - 0.5%3/1/20243/4/20243/28/2024
11/10/2023quarterly$0.74 - 0.7%11/30/202312/1/202312/29/2023
8/10/2023quarterly$0.74+$0.08
12.12%
0.6%8/31/20239/1/20239/29/2023
5/11/2023quarterly$0.66 - 0.7%5/31/20236/1/20236/30/2023
2/23/2023quarterly$0.66 - 0.7%3/3/20233/6/20233/31/2023

This table shows Martin Marietta Materials' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Martin Marietta Materials Dividend - Frequently Asked Questions

The current dividend yield for Martin Marietta Materials is 0.59%. Learn more on MLM's dividend yield history.

The annual dividend for MLM shares is $3.16. Learn more on MLM's annual dividend history.

Martin Marietta Materials pays quarterly dividends to shareholders.

Martin Marietta Materials's next quarterly dividend payment of $0.79 per share will be made to shareholders on Tuesday, December 31, 2024.

Martin Marietta Materials's most recent quarterly dividend payment of $0.79 per share was made to shareholders on Monday, September 30, 2024.

Martin Marietta Materials's most recent ex-dividend date was Monday, December 2, 2024.

Over the past three years, the company's dividend has grown by an average of 7.72% per year.

The most recent change in the company's dividend was an increase of $0.05 on Thursday, August 15, 2024.

The dividend payout ratio for MLM is:
  • 9.85% based on the trailing year of earnings
  • 17.97% based on this year's estimates
  • 15.31% based on next year's estimates
  • 11.77% based on cash flow

Martin Marietta Materials' dividend yield of 0.57% is lower than the average Construction company that issues a dividend. Martin Marietta Materials' dividend payout ratio of 9.85% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Martin Marietta Materials stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:MLM) was last updated on 12/21/2024 by MarketBeat.com Staff
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