RALEIGH, NC (STL.News) Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.55 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $2.20 per share on an annualized basis, is payable on June 30, 2020, to shareholders of record at the close of business on June 1, 2020.
About Martin Marietta Materials, Inc.
MLM, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 27 states, Canada and the Bahamas, dedicated MLM teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide and dolomitic lime products.