Materion Corporation (NYSE:MTRN) Plans $0.14 Quarterly Dividend

Materion Corporation (NYSE:MTRN) declared a quarterly dividend on Monday, July 27th. Stockholders of record on Thursday, August 20th will be given a dividend of 0.145 per share by the basic materials company on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, August 20th.

Materion has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 13 years. Materion has a payout ratio of 9.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Materion to earn $7.58 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 7.7%.

Materion Price Performance

NYSE:MTRN opened at $242.04 on Tuesday. The stock has a market capitalization of $5.03 billion, a PE ratio of 66.13 and a beta of 1.03. Materion has a 52 week low of $91.62 and a 52 week high of $298.87. The stock’s 50-day moving average price is $246.67 and its 200-day moving average price is $189.00. The company has a quick ratio of 1.32, a current ratio of 3.04 and a debt-to-equity ratio of 0.50.

Materion (NYSE:MTRN) last posted its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.03. Materion had a net margin of 3.99% and a return on equity of 12.45%. The business had revenue of $261.79 million for the quarter, compared to the consensus estimate of $479.03 million. During the same period last year, the firm posted $1.13 earnings per share. The company’s revenue was up 30.8% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, equities analysts expect that Materion will post 6.45 EPS for the current fiscal year.

Materion Company Profile

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.