Martin Marietta Materials (MLM) Declares $0.40 Quarterly Dividend; 1.8% Yield

November 11, 2009 4:33 PM EST

Martin Marietta Materials, Inc. (NYSE:MLM) declared a regular quarterly cash dividend of $0.40 per share, or $1.60 annualized.

The dividend is payable December 31, 2009, to shareholders of record at the close of business on December 1, 2009. The ex-dividend date is November 27, 2009.

Yield on the dividend is 1.8%.

Martin Marietta Materials, Inc. engages in the production and sale of aggregates primarily for the construction industry in the United States, Canada, the Caribbean Islands, and the Bahamas.

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