Martin Marietta Materials's last dividend was on Sep 3, 2024 (ex-date) with a distribution of $0.79 per share. On an annualized basis, the company has a current payout of $3.01 per share. This brings the dividend yield to 0.6% based on its recent close price. The latest dividend has increased by $0.05, or 7% from the prior dividend.
Martin Marietta Materials's dividend yield of 0.6% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.15%, Martin Marietta Materials's dividend yield is 72% lower. Historically MLM's dividend yield has averaged at 0.7% in the last 5 years, which is above the current yield.
Martin Marietta Materials has been paying dividends since 1994. MLM has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 11% for the last twelve months. But with the stock price up by 15% from a year ago, the dividend yield has decreased by 3.2%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 3, 2024 | $0.79 | 0.58% |
Jun 3, 2024 | $0.74 | 0.53% |
Mar 1, 2024 | $0.74 | 0.49% |
Nov 30, 2023 | $0.74 | 0.6% |
Aug 31, 2023 | $0.74 | 0.61% |
May 31, 2023 | $0.66 | 0.66% |
Mar 3, 2023 | $0.66 | 0.71% |
Nov 30, 2022 | $0.66 | 0.69% |
Aug 31, 2022 | $0.66 | 0.72% |
May 31, 2022 | $0.61 | 0.72% |
Feb 28, 2022 | $0.61 | 0.63% |
Nov 30, 2021 | $0.61 | 0.58% |
Aug 31, 2021 | $0.61 | 0.61% |
May 28, 2021 | $0.57 | 0.63% |
Feb 26, 2021 | $0.57 | 0.67% |
Nov 30, 2020 | $0.57 | 0.84% |
Aug 31, 2020 | $0.57 | 1.09% |
May 29, 2020 | $0.55 | 1.15% |
Feb 28, 2020 | $0.55 | 0.94% |
Nov 29, 2019 | $0.55 | 0.77% |
Aug 30, 2019 | $0.55 | 0.78% |
May 31, 2019 | $0.48 | 0.91% |
Mar 1, 2019 | $0.48 | 0.98% |
Nov 30, 2018 | $0.48 | 0.96% |
Aug 31, 2018 | $0.48 | 0.91% |
May 31, 2018 | $0.44 | 0.79% |
Mar 2, 2018 | $0.44 | 0.85% |
Nov 30, 2017 | $0.44 | 0.83% |
Aug 31, 2017 | $0.44 | 0.8% |
May 30, 2017 | $0.42 | 0.74% |
Mar 2, 2017 | $0.42 | 0.76% |
Nov 29, 2016 | $0.42 | 0.75% |
Aug 30, 2016 | $0.42 | 0.86% |
May 27, 2016 | $0.4 | 0.83% |
Feb 26, 2016 | $0.4 | 1.13% |
Nov 27, 2015 | $0.4 | 0.99% |
Aug 28, 2015 | $0.4 | 0.97% |
May 28, 2015 | $0.4 | 1.06% |
Feb 26, 2015 | $0.4 | 1.13% |
Martin Marietta Materials's payout ratio of 9.1% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 41.9%, Martin Marietta Materials's payout ratio is 78% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
OXY Occidental Petroleum Corp | 1.54% | $0.8 | 18.3% |
MLM Martin Marietta Materials Inc | 0.6% | $3.01 | 9.1% |
USLM United States Lime & Minerals Inc | 0.25% | $0.19 | 6.3% |
Yes, Martin Marietta Materials has paid four dividends in the last twelve months. MLM has been paying dividends since 1994.
Martin Marietta Materials's last dividend ex-date was on Sep 3, 2024. The dividend amount was $0.79 per share.
On an annual basis MLM pays $3.01 per share.
The current dividend yield of Martin Marietta Materials is 0.6%.
Martin Marietta Materials pays dividends quarterly.
The dividend payout ratio of Martin Marietta Materials is 9.1%.
Martin Marietta Materials's dividend yield is below the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.