Martin Marietta Materials, Inc. (MLM) Ex-Dividend Date Scheduled for May 30, 2013


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Martin Marietta Materials, Inc. ( MLM ) will begin trading ex-dividend on May 30, 2013. A cash dividend payment of $0.4 per share is scheduled to be paid on June 28, 2013. Shareholders who purchased MLM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that MLM has paid the same dividend. At the current stock price of $109.96, the dividend yield is 1.46%.

The previous trading day's last sale of MLM was $109.96, representing a -3.25% decrease from the 52 week high of $113.65 and a 70.37% increase over the 52 week low of $64.54.

MLM is a part of the Basic Industries sector, which includes companies such as Teck Resources Ltd ( TCK ) and Sociedad Quimica y Minera S.A. ( SQM ). MLM's current earnings per share, an indicator of a company's profitability, is $2.01. Zacks Investment Research reports MLM's forecasted earnings growth in 2013 as 28.42%, compared to an industry average of 34.2%.

For more information on the declaration, record and payment dates, visit the MLM Dividend History page.

Interested in gaining exposure to MLM through an Exchange Traded Fund [ETF]?
The following ETF(s) have MLM as a top-10 holding:

  • Market Vectors Wide Moat ETF ( MOAT )
  • N/A (EWMD).

The top-performing ETF of this group is EWMD with an increase of 17.02% over the last 100 days. MOAT has the highest percent weighting of MLM at 5.23%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: MLM , MOAT , SQM , TCK

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