MATERION's last quarterly dividend was on Feb 22, 2023 (ex-date) with a distribution of $0.125 per share. On an annualized basis, the company has a current payout of $0.5 per share. This brings the dividend yield to 0.48% based on its recent close price.
MTRN has a dividend yield of 0.48% which is below the Basic Materials sector average. Compared to its Basic Materials sector average of 2.06%, MATERION's dividend yield is 77% lower. The current dividend yield is below the historical average of 0.7% of the last 5 years.
MATERION has a long dividend history, including the last 11 consecutive years with dividend payouts. MTRN has issued three quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.1% since one year ago. But with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 10.5% which is lower than the Basic Materials sector average. If we compare it with the Basic Materials sector average of 27.7%, MATERION's payout ratio is 62% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RS Reliance Steel & Aluminum Co | 1.56% | $3.75 | 13.2% |
| MTRN MATERION Corp | 0.48% | $0.5 | 10.5% |
Yes, MATERION has paid three dividends in the last 12 months. MTRN has been paying dividends since 2012.
MTRN has announced its next dividend with ex-date May 30, 2023.
MATERION's last regular dividend was on Feb 22, 2023 (ex-date) with the amount of $0.125 per share.
On an annual basis MTRN pays $0.5 per share.
Currently MATERION's dividend yield is 0.48%.
MATERION pays four dividends per year.
MATERION's dividend payout ratio is 10.5%.
MATERION's dividend yield is below the Basic Materials sector average.