Looking at the universe of stocks we cover at Dividend Channel, on 5/31/19, Martin Marietta Materials, Inc. (Symbol: MLM) will trade ex-dividend, for its quarterly dividend of $0.48, payable on 6/28/19. As a percentage of MLM's recent stock price of $208.79, this dividend works out to approximately 0.23%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MLM is likely to continue, and whether the current estimated yield of 0.92% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MLM shares, versus its 200 day moving average:
Looking at the chart above, MLM's low point in its 52 week range is $150.75 per share, with $232.885 as the 52 week high point — that compares with a last trade of $208.25.
In Wednesday trading, Martin Marietta Materials, Inc. shares are currently up about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.