Martin Marietta Materials, Inc. (MLM) Ex-Dividend Date Scheduled for November 28, 2012


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Martin Marietta Materials, Inc. ( MLM ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.4 per share scheduled for December 31, 2012. Shareholders who purchased MLM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that MLM has paid the same dividend. At the current stock price of $86, the dividend yield is 1.86%.

The previous trading day's last sale of MLM was $86, representing a -8.23% decrease from the 52 week high of $93.71 and a 35.14% increase over the 52 week low of $63.64.

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 $1.67. Zacks Investment Research reports MLM's forecasted earnings growth in 2012 as 20.88%, compared to an industry average of 41.2%.

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 Morningstar Wide Moat Research ETF ( MOAT )
  • Guggenheim S&P MidCap 400 Equal Weight ETF ( EWMD ).

The top-performing ETF of this group is MOAT with an increase of 6.83% over the last 100 days. It also has the highest percent weighting of MLM at 5.94%.

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: ETF , EWMD , MLM , MOAT , SQM , TCK

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