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Martin Marietta Materials, Inc. (MLM) Ex-Dividend Date Scheduled for August 31, 2018

Martin Marietta Materials, Inc. ( MLM ) will begin trading ex-dividend on August 31, 2018. A cash dividend payment of $0.48 per share is scheduled to be paid on September 28, 2018. Shareholders who purchased MLM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.09% increase over prior dividend payment. At the current stock price of $206.94, the dividend yield is .93%.

The previous trading day's last sale of MLM was $206.94, representing a -14.25% decrease from the 52 week high of $241.33 and a 9.34% increase over the 52 week low of $189.27.

MLM is a part of the Basic Industries sector, which includes companies such as Vulcan Materials Company ( VMC ) and Teck Resources Ltd ( TECK ). MLM's current earnings per share, an indicator of a company's profitability, is $11.42. Zacks Investment Research reports MLM's forecasted earnings growth in 2018 as 30.5%, compared to an industry average of 36.2%.

For more information on the declaration, record and payment dates, visit the MLM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to MLM through an Exchange Traded Fund [ETF]?

The following ETF(s) have MLM as a top-10 holding:

  • Invesco Dynamic Building & Construction ETF ( PKB )
  • Invesco S&P 500 Equal Weight Materials ETF ( RTM )
  • Materials Select Sector SPDR ( XLB ).

The top-performing ETF of this group is XLB with an increase of 5.88% over the last 100 days. PKB has the highest percent weighting of MLM at 4.74%.

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


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

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