Back to MLM overview

MLM Martin Marietta Materials dividend history, payout ratio & dates

Martin Marietta Materials's last quarterly dividend was on Aug 31, 2022 (ex-date) with a distribution of $0.66 per share. On an annualized basis, the company has a current payout of $2.49 per share. This brings the dividend yield to 0.77% based on its recent close price. The latest dividend has increased by $0.05, or 8% from the prior dividend.

Key dates

  • MLM last dividend date: Aug 31, 2022
  • MLM next dividend date: Not announced
MLM dividend stats
DPS
$2.49
Dividend yield
0.76%
Payout ratio
19.4%
vs. Basic Materials sector
Dividend yield
2.26%
Payout ratio
26.9%

Dividend yield

What is Martin Marietta Materials current dividend yield

Martin Marietta Materials's dividend yield of 0.77% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.26%, Martin Marietta Materials's dividend yield is 66% lower. Historically MLM's dividend yield has averaged at 0.8% in the last 5 years, which is above the current yield.

Dividend history

What is MLM dividend payout history and dates

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 7% for the last twelve months. And with the stock price down by 9% from a year ago, the dividend yield has increased by 17%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 31, 2022 Sep 30, 2022 Aug 10, 2022 $0.66 normal
May 31, 2022 Jun 30, 2022 May 12, 2022 $0.61 normal
Feb 28, 2022 Mar 31, 2022 Feb 17, 2022 $0.61 normal
Nov 30, 2021 Dec 31, 2021 Nov 11, 2021 $0.61 normal
Aug 31, 2021 Sep 30, 2021 Aug 12, 2021 $0.61 normal
May 28, 2021 Jun 30, 2021 May 13, 2021 $0.57 normal
Feb 26, 2021 Mar 31, 2021 Feb 18, 2021 $0.57 normal
Nov 30, 2020 Dec 31, 2020 Nov 12, 2020 $0.57 normal
Aug 31, 2020 Sep 30, 2020 Aug 13, 2020 $0.57 normal
May 29, 2020 Jun 30, 2020 May 14, 2020 $0.55 normal
Feb 28, 2020 Mar 31, 2020 Feb 20, 2020 $0.55 normal
Nov 29, 2019 Dec 31, 2019 Nov 7, 2019 $0.55 normal
Aug 30, 2019 Sep 30, 2019 Aug 14, 2019 $0.55 normal
May 31, 2019 Jun 28, 2019 May 9, 2019 $0.48 normal
Mar 1, 2019 Mar 29, 2019 Feb 21, 2019 $0.48 normal
Nov 30, 2018 Dec 31, 2018 Nov 15, 2018 $0.48 normal
Aug 31, 2018 Sep 28, 2018 Aug 23, 2018 $0.48 normal
May 31, 2018 Jun 29, 2018 May 17, 2018 $0.44 normal
Mar 2, 2018 Mar 29, 2018 Feb 22, 2018 $0.44 normal
Nov 30, 2017 Dec 29, 2017 Nov 16, 2017 $0.44 normal
Aug 31, 2017 Sep 29, 2017 Aug 24, 2017 $0.44 normal
May 30, 2017 Jun 30, 2017 May 19, 2017 $0.42 normal
Mar 2, 2017 Mar 31, 2017 Feb 24, 2017 $0.42 normal
Nov 29, 2016 Dec 30, 2016 Nov 11, 2016 $0.42 normal
Aug 30, 2016 Sep 30, 2016 Aug 22, 2016 $0.42 normal
May 27, 2016 Jun 30, 2016 May 19, 2016 $0.4 normal
Feb 26, 2016 Mar 31, 2016 Feb 19, 2016 $0.4 normal
Nov 27, 2015 Dec 31, 2015 Nov 13, 2015 $0.4 normal
Aug 28, 2015 Sep 30, 2015 Aug 21, 2015 $0.4 normal

Martin Marietta Materials dividend payout ratio

What is Martin Marietta Materials dividend payout ratio compared to the sector

Payout ratio

Martin Marietta Materials's payout ratio of 19.4% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 26.9%, Martin Marietta Materials's payout ratio is 28% lower.

Total amount of dividends paid per financial year (from cash flow)

MLM dividend vs peer dividends

How does MLM dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MLM Martin Marietta Materials Inc 0.76% $2.49 19.4%
USLM United States Lime & Minerals Inc 0.72% $0.76 11.4%
OXY Occidental Petroleum Corp 0.62% $0.4 3.7%

Frequently asked questions

Does Martin Marietta Materials pay a dividend?

Yes, Martin Marietta Materials has paid four dividends in the last twelve months. MLM has been paying dividends since 1994.

When is Martin Marietta Materials's next dividend?

At this point we don't have a record of MLM's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was MLM's last dividend?

Martin Marietta Materials's last dividend ex-date was on Aug 31, 2022. The dividend amount was $0.66 per share.

How much dividend does Martin Marietta Materials pay (per share)?

On an annual basis MLM pays $2.49 per share.

What is Martin Marietta Materials's dividend yield?

The current dividend yield of Martin Marietta Materials is 0.77%.

How often does Martin Marietta Materials pay dividends?

Martin Marietta Materials pays dividends quarterly.

What is Martin Marietta Materials's dividend payout ratio?

The dividend payout ratio of Martin Marietta Materials is 19.4%.

Does Martin Marietta Materials pay a good dividend?

Martin Marietta Materials's dividend yield is below the Basic Materials sector average.