Materion Corp. (MTRN) Raises Quarterly Dividend 5.9% to $0.09; 0.9% Yield
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Materion Corporation Increases Quarterly Cash Dividend
May 6, 2015 1:39 PM EDTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE- MTRN) announced today that its Board of Directors declared a second quarter 2015 dividend of $0.09 per share of common stock, an increase of $0.005 per share, or approximately 6%. The dividend is payable on June 4, 2015 to shareholders of record at the close of business on May 21, 2015.
On an annualized basis, the amount of the dividend is $0.36 per share and equates to a yield of approximately 1.0% based on the Materion common stock price at the close of trading on May 5, 2015. The dividend represents a quarterly cash payout of approximately $1.9 million, or $7.4 million on an... More
