Materion Corporation (MTRN) To Go Ex-Dividend on November 19th

Materion Corporation (NYSE:MTRN) announced a quarterly dividend on Monday, October 26th. Shareholders of record on Thursday, November 19th will be paid a dividend of $0.1450 per share by the basic materials company on Friday, December 4th. This represents a $0.58 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, November 19th.

Materion has a dividend payout ratio of 9.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Materion to earn $8.48 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 6.8%.

Materion Trading Up 3.7%

MTRN stock opened at $235.04 on Wednesday. Materion has a 1 year low of $109.61 and a 1 year high of $324.98. The stock’s fifty day moving average is $253.87 and its two-hundred day moving average is $210.05.

Materion (NYSE:MTRN) last released its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.52 by $0.38. The firm had revenue of $308.19 million for the quarter, compared to the consensus estimate of $549.82 million. During the same quarter in the prior year, the company posted $1.37 EPS. The firm’s revenue was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities analysts anticipate that Materion will post 7.04 earnings per share for the current year.

Insider Buying and Selling

In other Materion news, Director Emily M. Liggett sold 1,012 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $232.42, for a total transaction of $235,209.04. Following the sale, the director owned 3,161 shares in the company, valued at approximately $734,679.62. The trade was a 24.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jugal K. Vijayvargiya sold 24,336 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $291.62, for a total value of $7,096,864.32. Following the sale, the chief executive officer owned 116,699 shares in the company, valued at approximately $34,031,762.38. The trade was a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,053 shares of company stock worth $8,301,958 over the last quarter. 2.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MTRN. BlackRock Inc. bought a new position in shares of Materion during the second quarter valued at $1,032,985,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Materion in the 2nd quarter valued at $1,338,000. Bank of America Corp DE grew its holdings in shares of Materion by 8.7% in the 1st quarter. Bank of America Corp DE now owns 118,569 shares of the basic materials company’s stock worth $17,151,000 after purchasing an additional 9,441 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Materion in the 2nd quarter worth about $17,982,000. Finally, California State Teachers Retirement System increased its position in shares of Materion by 25.0% during the 1st quarter. California State Teachers Retirement System now owns 24,612 shares of the basic materials company’s stock worth $3,560,000 after purchasing an additional 4,926 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors and hedge funds.

About Materion

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

The company’s materials and products are used in aerospace and defense, semiconductor manufacturing, communications, medical technology, energy, automotive and other industrial markets.