MLM Martin Marietta Materials dividend history, payout ratio & dates
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 0.52% based on its recent close price. The latest dividend has increased by $0.05, or 7% from the prior dividend.
Key dates
- MLM last dividend date: Sep 3, 2024
MLM dividend stats
vs. Basic Materials sector
Dividend yield
Martin Marietta Materials's dividend yield of 0.52% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.07%, Martin Marietta Materials's dividend yield is 75% lower. Historically MLM's dividend yield has averaged at 0.7% in the last 5 years, which is above the current yield.
Dividend history
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 46% from a year ago, the dividend yield has decreased by 24%.
Recent dividends
| 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 dividend payout ratio
Payout ratio
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 44.8%, Martin Marietta Materials's payout ratio is 80% lower.
Total amount of dividends paid per financial year (from cash flow)
MLM dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OXY Occidental Petroleum Corp | 1.67% | $0.84 | 19.2% |
| VMC Vulcan Materials CO | 0.66% | $1.81 | 26.2% |
| MLM Martin Marietta Materials Inc | 0.5% | $3.01 | 9.1% |
| USLM United States Lime & Minerals Inc | 0.18% | $0.19 | 6.3% |
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 was MLM's last dividend?
Martin Marietta Materials's last dividend ex-date was on Sep 3, 2024. The dividend amount was $0.79 per share.
How much dividend does Martin Marietta Materials pay (per share)?
On an annual basis MLM pays $3.01 per share.
What is Martin Marietta Materials's dividend yield?
The current dividend yield of Martin Marietta Materials is 0.52%.
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 9.1%.
Does Martin Marietta Materials pay a good dividend?
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.