Dividend Growth of Martin Marietta Materials, Inc.(MLM)

Martin Marietta Materials(MLM) is having a Dividend Yield of 0.76% with the Annual cash Dividend per share of $1.64. The last quarter cash dividend per share pay out was $0.42. Martin Marietta Materials has a 5 year average dividend yield of 1.38% and the stock has a Indicated annual dividend of $1.68. Martin Marietta Materials(MLM) formally announced its most recent dividend on November 11, 2016 with a Dividend per share of $0.42. The new indicated annual dividend based on announced dividend per share is $1.68. The dividend yield based on the forward looking indicated annual dividend is 0.76%. Martin Marietta Materials(MLM) has the most recent dividend payout ratio of 0.27 with a 5-year average payout ratio of 0.54. The 5 year historical dividend growth of Martin Marietta Materials(MLM) is at the rate of 0.53% while the R-Squared dividend growth is 0.27. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Martin Marietta Materials, Inc. (NYSE:MLM) witnessed a decline in the market cap on Thursday as its shares dropped 0.21% or 0.47 points. After the session commenced at $221.95, the stock reached the higher end at $222.715 while it hit a low of $220. With the volume soaring to 772,553 shares, the last trade was called at $221.53. The company has a 52-week high of $243.98. The company has a market cap of $14,060 million and there are 63,466,170 shares in outstanding. The 52-week low of the share price is $131.25. Martin Marietta Materials, Inc. has lost 1.68% in the last five trading days and dropped 1.7% in the last 4 weeks. Martin Marietta Materials, Inc. has dropped 3.15% during the last 3-month period . Year-to-Date the stock performance stands at 0%.

Currently the company Insiders own 1.06% of Martin Marietta Materials, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.74% . Institutional Investors own 97.26% of Martin Marietta Materials, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -2.74%. Company has reported several Insider transactions to the SEC, on Dec 12, 2016, Donald A. Mccunniff (SVP – Human Resources) sold 1,503 shares at 228.98 per share price.On Dec 12, 2016, Anne H Lloyd (EVP and CFO) sold 498 shares at 229.18 per share price.On Nov 14, 2016, Roselyn R Bar (EVP, General Counsel and Secy) sold 2,313 shares at 228.33 per share price.

Martin Marietta Materials Last issued its quarterly earnings results on Feb 14, 2017. The company reported $1.55 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $1.60. The company had revenue of $889.00 million for the quarter, compared to analysts expectations of $888.07 million. The companys revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.

Martin Marietta Materials producer of aggregates for the construction industry, including highways, infrastructure, commercial and residential. The company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemicals products for industrial, agricultural and environmental uses, and dolomitic lime.


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