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Martin Marietta Materials (BSP:M1LM34) 5-Year Dividend Growth Rate : 8.30% (As of Sep. 2024)


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What is Martin Marietta Materials 5-Year Dividend Growth Rate?

Martin Marietta Materials's Dividends per Share for the three months ended in Sep. 2024 was R$0.59.

During the past 12 months, Martin Marietta Materials's average Dividends Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Martin Marietta Materials was 29.70% per year. The lowest was 0.80% per year. And the median was 7.90% per year.

Martin Marietta Materials's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.09. As of today, Martin Marietta Materials's Dividend Yield % is 0.00%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Martin Marietta Materials's 5-Year Dividend Growth Rate

For the Building Materials subindustry, Martin Marietta Materials's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Martin Marietta Materials's 5-Year Dividend Growth Rate Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's 5-Year Dividend Growth Rate falls into.



Martin Marietta Materials 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Martin Marietta Materials  (BSP:M1LM34) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Martin Marietta Materials's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.593/ 6.603
=0.09

During the past 13 years, the highest Dividend Payout Ratio of Martin Marietta Materials was 0.43. The lowest was 0.14. And the median was 0.20.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Martin Marietta Materials Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.6262612024-11-292024-11-282025-01-07Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.6029432024-09-022024-08-302024-10-04Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.5786672024-05-312024-05-292024-07-04Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.5234402024-03-012024-02-292024-04-04Cash DividendquarterlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Martin Marietta Materials's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.331311/562.50
=0.41 %

Current Share Price is R$562.50.
Martin Marietta Materials's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$2.331311.

During the past 13 years, the highest Dividend Yield of Martin Marietta Materials was 1.49%. The lowest was 0.00%. And the median was 0.77%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Martin Marietta Materials 5-Year Dividend Growth Rate Related Terms

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Martin Marietta Materials Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Martin Marietta Materials Headlines

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