|Bid||374.14 x 800|
|Ask||383.00 x 800|
|Day's Range||372.16 - 378.60|
|52 Week Range||174.52 - 383.71|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||30.90|
|Earnings Date||Jul 26, 2021 - Jul 30, 2021|
|Forward Dividend & Yield||2.28 (0.60%)|
|Ex-Dividend Date||May 28, 2021|
|1y Target Est||378.75|
Concrete and asphalt may lack glamour but building materials are proving a rock-solid investment. Vaccine rollouts and a pick-up in US economic recovery have made the notoriously cyclical sector attractive. President Joe Biden’s proposed $2tn infrastructure plan is the next catalyst for growth.
RALEIGH, N.C., May 13, 2021 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.57 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $2.28 per share on an annualized basis, is payable June 30, 2021, to shareholders of record at the close of business on June 1, 2021. Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 26 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business produces high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com. Investor Contact: Suzanne OsbergVice President, Investor Relations (919) 783-4691Suzanne.Osberg@martinmarietta.com MLM-D
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.