Materion Corp. (MTRN) Raises Quarterly Dividend 5.6% to $0.095; 1.4% Yield
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Materion Corporation Increases Quarterly Cash Dividend
May 4, 2016 10:34 AM EDTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE-MTRN) announced today that its Board of Directors declared a second quarter 2016 dividend of $0.095 per share of common stock, an increase of $0.005 per share, or approximately 6%. The dividend is payable on June 1, 2016 to shareholders of record at the close of business on May 18, 2016.
Richard J. Hipple, Chairman, President and CEO, stated, The dividend increase reflects our fourth consecutive annual increase and continuing confidence in the strength of our business, its prospects for long-term growth and our ability to generate cash sufficient to continue to grow the business organically as well as... More
