Minerals Technologies's most recent quarterly dividend of $0.05 per share was on Aug 17, 2023 (ex-date). At an annualized rate of $0.2 per share, the stock yields 0.37%.
MTX has a dividend yield of 0.37% which is lower than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 2.04%, Minerals Technologies's dividend yield is 82% lower. The current dividend yield is more than the historical average of 0.3% of the last 5 years.
Minerals Technologies has a history of paying dividends since 1994. Our records of MTX show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 9% from a year ago, the dividend yield has decreased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 17, 2023 | Sep 8, 2023 | Jul 19, 2023 | $0.05 | normal |
| May 31, 2023 | Jun 15, 2023 | May 16, 2023 | $0.05 | normal |
| Feb 15, 2023 | Mar 9, 2023 | Jan 25, 2023 | $0.05 | normal |
| Nov 1, 2022 | Dec 8, 2022 | Oct 19, 2022 | $0.05 | normal |
| Aug 18, 2022 | Sep 9, 2022 | Jul 20, 2022 | $0.05 | normal |
| Jun 1, 2022 | Jun 16, 2022 | May 17, 2022 | $0.05 | normal |
| Feb 16, 2022 | Mar 10, 2022 | Jan 26, 2022 | $0.05 | normal |
| Nov 2, 2021 | Dec 9, 2021 | Oct 20, 2021 | $0.05 | normal |
| Aug 19, 2021 | Sep 9, 2021 | Jul 21, 2021 | $0.05 | normal |
| Jun 2, 2021 | Jun 17, 2021 | May 18, 2021 | $0.05 | normal |
| Feb 18, 2021 | Mar 11, 2021 | Jan 27, 2021 | $0.05 | normal |
| Oct 30, 2020 | Dec 10, 2020 | Oct 21, 2020 | $0.05 | normal |
| Aug 20, 2020 | Sep 3, 2020 | Jul 15, 2020 | $0.05 | normal |
| May 27, 2020 | Jun 11, 2020 | May 12, 2020 | $0.05 | normal |
| Feb 13, 2020 | Mar 5, 2020 | Jan 22, 2020 | $0.05 | normal |
| Nov 1, 2019 | Dec 12, 2019 | Oct 23, 2019 | $0.05 | normal |
| Aug 22, 2019 | Sep 5, 2019 | Jul 17, 2019 | $0.05 | normal |
| May 29, 2019 | Jun 13, 2019 | May 14, 2019 | $0.05 | normal |
| Feb 14, 2019 | Mar 7, 2019 | Jan 23, 2019 | $0.05 | normal |
| Nov 23, 2018 | Dec 7, 2018 | Oct 24, 2018 | $0.05 | normal |
| Aug 23, 2018 | Sep 6, 2018 | Jul 18, 2018 | $0.05 | normal |
| May 30, 2018 | Jun 14, 2018 | May 16, 2018 | $0.05 | normal |
| Feb 15, 2018 | Mar 8, 2018 | Jan 24, 2018 | $0.05 | normal |
| Nov 24, 2017 | Dec 8, 2017 | Nov 15, 2017 | $0.05 | normal |
| Aug 23, 2017 | Sep 7, 2017 | Jul 19, 2017 | $0.05 | normal |
| May 26, 2017 | Jun 9, 2017 | May 16, 2017 | $0.05 | normal |
| Feb 15, 2017 | Mar 9, 2017 | Jan 18, 2017 | $0.05 | normal |
| Nov 23, 2016 | Dec 9, 2016 | Nov 16, 2016 | $0.05 | normal |
| Aug 24, 2016 | Sep 8, 2016 | Jul 20, 2016 | $0.05 | normal |
| May 24, 2016 | Jun 9, 2016 | May 11, 2016 | $0.05 | normal |
MTX has a payout ratio of 6.7% which is lower than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 28%, Minerals Technologies's payout ratio is 76% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EMN Eastman Chemical Co | 4.21% | $3.16 | 52.9% |
| FMC Fmc Corp | 3.53% | $2.32 | 47.1% |
| OLN OLIN Corp | 1.64% | $0.8 | 13.1% |
| MLM Martin Marietta Materials Inc | 0.67% | $2.72 | 17.8% |
| MTX Minerals Technologies Inc | 0.39% | $0.2 | 6.7% |
Yes, Minerals Technologies has paid four dividends in the last 12 months. MTX has been paying dividends since 1994.
Currently MTX's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Minerals Technologies's last dividend ex-date was on Aug 17, 2023. The dividend amount was $0.05 per share.
MTX has paid dividend of $0.2 per share in the last year.
Currently Minerals Technologies's dividend yield is 0.37%.
Minerals Technologies pays four dividends per year.
The dividend payout ratio of Minerals Technologies is 6.7%.
Minerals Technologies's dividend yield is less than the Basic Materials sector average.