Martin Marietta Materials (MLM)
Martin Marietta Materials (MLM) is a leading supplier ofaggregates, including crushed stone, sand, and gravel, primarily for the construction industry. Founded in 1993 through the merger of Martin Marietta Corporation and Atlanta-based Blue Ribbon Mills, the company operates across the United States and the Caribbean, providing essential materials for infrastructure, commercial, and residential projects. Known for its extensive geographic presence and commitment to sustainable practices, Martin Marietta supports various construction and engineering applications.
Dividend History
Investors can expect a dividend payout of $0.83 per share, scheduled to be distributed in 10 days on September 30, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 30, 2025 | $0.83 | 2025-09-02 | 2025-09-02 |
| June 30, 2025 | $0.79 | 2025-06-02 | 2025-06-02 |
| March 31, 2025 | $0.79 | 2025-03-03 | 2025-03-03 |
| December 31, 2024 | $0.79 | 2024-12-02 | 2024-12-02 |
| September 30, 2024 | $0.79 | 2024-09-03 | 2024-09-03 |
Dividends Summary
- Martin Marietta Materials has issued 87 dividend payments over the past 22 years
- The most recent dividend was paid 82 days ago, on June 30, 2025
- The highest dividend payed out to investors during this period was $0.83 per share
- The average dividend paid during this period was $0.45 per share.
Company News
Martin Marietta Materials announced a dividend increase from $0.79 to $0.83 per share, marking their tenth consecutive annual dividend increase. The company highlighted its strong financial position and commitment to shareholder value.
The Saudi Arabia Ready Mix Concrete Market is poised for growth driven by government-led mega projects, such as NEOM and the Red Sea Project, under Vision 2030, creating demand for efficient, high-quality RMC. Technological advancements enhance production, while infrastructure challenges present logistical opportunities.
Martin Marietta Materials reported weaker-than-expected Q2 2024 results, with earnings and revenues missing estimates. The company lowered its full-year adjusted EBITDA guidance due to slowing product demand in the private construction sector and weather-related impacts.
JPMorgan has downgraded Buzzi Unicem's stock from Neutral to Underweight, citing potential earnings risks that may not be fully accounted for by the market. The firm expects a slight decline in Buzzi Unicem's first-half EBITDA and believes the company's guidance for the second half may fall short of market expectations.
