Martin Marietta Materials, Inc. (NYSE:MLM) Updates On Quarterly Dividend


As per Martin Marietta Materials, Inc. (NYSE:MLM) statement on 2016-05-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.4 per share as dividend to stakeholders. The record date is set as 2016-06-01, the payout date as 2016-06-30 and the ex-dividend date is 2016-05-27.

Last fiscal Martin Marietta Materials, Inc. (NYSE:MLM) disbursed cash dividend of $0.4. A year ago, the payout was $0.4, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.4, implying 0% growth.

For the period ended on 2015-12-31, Martin Marietta Materials, Inc. (NYSE:MLM)’s earnings came at $1.9 per share compared to EPS of $2.04 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $2.86 per share.

The interim price target for Martin Marietta Materials, Inc. (NYSE:MLM) is set at $198.8. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Martin Marietta Materials, Inc. (NYSE:MLM) is seen at $235 and the lowest level is established at $166. This broad range highlights a standard deviation of $29.76 in reported estimates.

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