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Stock impact report

Materion Corporation Increases Quarterly Cash Dividend

Materion Corporation (MTRN) 
Last materion corporation earnings: 4/23 07:53 am Check Earnings Report
US:NYSE Investor Relations: investor.materion.com/investor-relations
Company Research Source: Business Wire
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE- MTRN) announced today that its Board of Directors declared a second quarter 2018 dividend of $0.105 per share of common stock, an increase of $0.005 per share, or approximately 5%. The dividend is payable on June 1, 2018 to shareholders of record at the close of business on May 16, 2018. Jugal Vijayvargiya, President and CEO, stated, “The dividend increase reflects our sixth consecutive annual increase and continuing confidence in the strength of our business, its prospects for long-term growth and our ability to generate cash sufficient to continue to grow the business organically as well as through acquisitions while returning cash to our shareholders.” On an annualized basis, the amount of the dividend is $0.42 per share and equates to a yield of approximately 1% based on the Materion common stock price at the close of tradi Show less Read more
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