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Martin Marietta Materials (Martin Marietta Materials) Dividend Yield %

: 0.48% (As of Today)
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As of today (2024-04-24), the Trailing Annual Dividend Yield of Martin Marietta Materials is 0.48%.

Warning Sign:

Martin Marietta Materials Inc stock dividend yield is close to 10-year low.

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

MLM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.45   Med: 0.83   Max: 1.69
Current: 0.48

During the past 13 years, the highest Dividend Yield of Martin Marietta Materials was 1.69%. The lowest was 0.45%. And the median was 0.83%.

MLM's Dividend Yield % is ranked worse than
91.29% of 241 companies
in the Building Materials industry
Industry Median: 3.22 vs MLM: 0.48

Martin Marietta Materials's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.16.

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.

As of today (2024-04-24), the Forward Dividend Yield % of Martin Marietta Materials is 0.50%.

Martin Marietta Materials's Dividends per Share for the three months ended in Dec. 2023 was $0.74.

During the past 12 months, Martin Marietta Materials's average Dividends Per Share Growth Rate was 10.20% 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.


Martin Marietta Materials Dividend Yield % Historical Data

The historical data trend for Martin Marietta Materials's Dividend Yield % 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.

* Premium members only.

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.79 0.54 0.75 0.56

Martin Marietta Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.73 0.57 0.66 0.56

Competitive Comparison

For the Building Materials subindustry, Martin Marietta Materials's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

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



Martin Marietta Materials Dividend Yield % Calculation

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
USD 0.7402024-03-012024-03-042024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.7402023-11-302023-12-012023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7402023-08-312023-09-012023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.6602023-05-312023-06-012023-06-30Cash DividendquarterlyUSD:USD 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.88/587.46
=0.49 %

Current Share Price is $587.46.
Martin Marietta Materials's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.88.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.96/587.46
=0.50 %

Current Share Price is $587.46.
Martin Marietta Materials's Dividends per Share for the forward twelve months is calculated as $0.74 * 4 = $2.96.

* 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  (NYSE:MLM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Martin Marietta Materials Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Martin Marietta Materials's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Martin Marietta Materials (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 2022, Martin Marietta sold 207 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.
Executives
Craig M Latorre officer: Sr. VP, CHRO 2710 WYCLIFF ROAD, RALEIGH NC 27607
Kelly Gean Bennett officer: Sr VP, Human Resources 4123 PARKLAKE AVENUE, RALEIGH NC 27612
Sue W Cole director C/O US TRUST CO OF NORTH CAROLINA, 301 N. ELM ST., GREENSBORO NC 27401
Oliver W Brooks officer: SVP - Enterprise Excellence 4123 PARKLAKE AVENUE, RALEIGH NC 27612
John P Mohr officer: SVP - CIO 2710 WYCLIFF ROAD, RALEIGH NC 27607
Michael J Petro officer: SVP - Strategy and Development 4123 PARKLAKE AVENUE, RALEIGH NC 27612
C Howard Nye officer: Pres & Chief Operating Officer 2710 WYCLIFF ROAD, RALEIGH NC 27607
Roselyn R Bar officer: VP, Gen. Counsel and Secy C/O MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Zelnak Stephen P Jr director, officer: Chairman, President and CEO MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David C Wajsgras director 870 WINTER STREET, WALTHAM MA 02451
John J Koraleski director MARTIN MARIETTA, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Daniel L. Grant officer: SVP - Strategy and Development 2710 WYCLIFF ROAD, RALEIGH NC 27607
Thomas Pike director C/O ACCENTURE, 161 N. CLARK STREET, 23RD FLOOR, CHICAGO IL 60601
Laree E Perez director 1111 LOUISIANA STREET, HOUSTON TX 77002

Martin Marietta Materials (Martin Marietta Materials) Headlines