MATERION's last quarterly dividend was on Feb 21, 2024 (ex-date) with a distribution of $0.13 per share. On an annualized basis, the company has a current payout of $0.52 per share. This brings the dividend yield to 0.44% based on its recent close price.
MTRN has a dividend yield of 0.44% which is below the Basic Materials sector average. Compared to its Basic Materials sector average of 1.95%, MATERION's dividend yield is 77% lower. The current dividend yield is below the historical average of 0.6% of the last 5 years.
MATERION has a long dividend history, including the last 12 consecutive years with dividend payouts. MTRN has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 4% since one year ago. And with the stock price up by 4.2% from a year ago, the dividend yield marks an increase of 0.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 21, 2024 | Mar 8, 2024 | Jan 31, 2024 | $0.13 | normal |
| Nov 15, 2023 | Dec 8, 2023 | Oct 25, 2023 | $0.13 | normal |
| Aug 24, 2023 | Sep 7, 2023 | Aug 9, 2023 | $0.13 | normal |
| May 30, 2023 | Jun 15, 2023 | May 17, 2023 | $0.13 | normal |
| Feb 22, 2023 | Mar 10, 2023 | Feb 1, 2023 | $0.125 | normal |
| Nov 15, 2022 | Dec 8, 2022 | Oct 28, 2022 | $0.125 | normal |
| Aug 23, 2022 | Sep 8, 2022 | Aug 11, 2022 | $0.125 | normal |
| May 26, 2022 | Jun 16, 2022 | May 4, 2022 | $0.125 | normal |
| Feb 24, 2022 | Mar 11, 2022 | Feb 1, 2022 | $0.12 | normal |
| Feb 23, 2022 | Mar 11, 2022 | Feb 1, 2022 | $0.12 | normal |
| Nov 10, 2021 | Dec 3, 2021 | Oct 28, 2021 | $0.12 | normal |
| Aug 19, 2021 | Sep 3, 2021 | Aug 5, 2021 | $0.12 | normal |
| May 26, 2021 | Jun 11, 2021 | May 6, 2021 | $0.12 | normal |
| Feb 16, 2021 | Mar 5, 2021 | Feb 4, 2021 | $0.115 | normal |
| Nov 4, 2020 | Nov 30, 2020 | Oct 22, 2020 | $0.115 | normal |
| Aug 17, 2020 | Sep 4, 2020 | Aug 3, 2020 | $0.115 | normal |
| May 28, 2020 | Jun 10, 2020 | May 14, 2020 | $0.115 | normal |
| Feb 18, 2020 | Mar 6, 2020 | Feb 5, 2020 | $0.11 | normal |
| Nov 7, 2019 | Dec 4, 2019 | Oct 24, 2019 | $0.11 | normal |
| Aug 20, 2019 | Sep 5, 2019 | Aug 5, 2019 | $0.11 | normal |
| May 17, 2019 | Jun 5, 2019 | May 9, 2019 | $0.11 | normal |
| Feb 20, 2019 | Mar 7, 2019 | Jan 30, 2019 | $0.105 | normal |
| Nov 7, 2018 | Dec 3, 2018 | Oct 25, 2018 | $0.105 | normal |
| Aug 20, 2018 | Sep 5, 2018 | Aug 2, 2018 | $0.105 | normal |
| May 15, 2018 | Jun 1, 2018 | May 2, 2018 | $0.105 | normal |
| Feb 20, 2018 | Mar 7, 2018 | Feb 8, 2018 | $0.1 | normal |
| Nov 7, 2017 | Dec 1, 2017 | Oct 26, 2017 | $0.1 | normal |
| Aug 16, 2017 | Sep 5, 2017 | Aug 2, 2017 | $0.1 | normal |
| May 15, 2017 | Jun 2, 2017 | May 3, 2017 | $0.1 | normal |
MTRN has a payout ratio of 11.2% which is lower than the Basic Materials sector average. If we compare it with the Basic Materials sector average of 32.7%, MATERION's payout ratio is 66% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RS Reliance Steel & Aluminum Co | 1.28% | $4.1 | 17.9% |
| MTRN MATERION Corp | 0.44% | $0.52 | 11.2% |
Yes, MATERION has paid four dividends in the last 12 months. MTRN has been paying dividends since 2012.
MTRN hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
MATERION's last regular dividend was on Feb 21, 2024 (ex-date) with the amount of $0.13 per share.
On an annual basis MTRN pays $0.52 per share.
Currently MATERION's dividend yield is 0.44%.
MATERION pays four dividends per year.
MATERION's dividend payout ratio is 11.2%.
MATERION's dividend yield is below the Basic Materials sector average.