Martin Marietta Materials (STU:MMX) Dividend Payout Ratio : 0.13 (As of Sep. 2024)

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What is Martin Marietta Materials Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Martin Marietta Materials's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.13.

The historical rank and industry rank for Martin Marietta Materials's Dividend Payout Ratio or its related term are showing as below:

STU:MMX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.2 Max: 0.43
Current: 0.09

During the past 13 years, the highest Dividend Payout Ratio of Martin Marietta Materials was 0.43. The lowest was 0.09. And the median was 0.20.

STU:MMX's Dividend Payout Ratio is ranked better than
93.2% of 206 companies
in the Building Materials industry
Industry Median: 0.395 vs STU:MMX: 0.09

As of today (2024-12-14), the Dividend Yield % of Martin Marietta Materials is 0.54%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Martin Marietta Materials was 1.49%. The lowest was 0.46%. And the median was 0.77%.

Martin Marietta Materials's Dividends per Share for the months ended in Sep. 2024 was €0.71.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Martin Marietta Materials Dividend Payout Ratio Historical Data

The historical data trend for Martin Marietta Materials's Dividend Payout Ratio can be seen below:

* 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.

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Martin Marietta Materials Dividend Payout Ratio Chart

Martin Marietta Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.21

0.19

0.20

0.18

0.14

Martin Marietta Materials Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.11	0.16	0.04	0.15	0.13

Competitive Comparison of Martin Marietta Materials's Dividend Payout Ratio

For the Building Materials subindustry, Martin Marietta Materials's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's Dividend Payout Ratio falls into.

Martin Marietta Materials Dividend Payout Ratio Calculation

Martin Marietta Materials's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.568	/	17.861
	=	0.14

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 )
	=	0.712	/	5.372
	=	0.13

Martin Marietta Materials (STU:MMX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Martin Marietta Materials Dividend Payout Ratio Related Terms

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Martin Marietta Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Martin Marietta Materials Inc (STU:MMX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MLM:USA MLM:Mexico 0JZ0:UK MMX:Germany

Address

4123 Parklake Avenue, Raleigh, NC, USA, 27612

Website

https://www.martinmarietta.com

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.