Materion Corp. (MTRN) Raises Quarterly Dividend 5% to $0.105; 0.8% Yield

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Go back to Materion Corp. (MTRN) Raises Quarterly Dividend 5% to $0.105; 0.8% Yield

Materion Corporation Increases Quarterly Cash Dividend

May 2, 2018 4:15 PM EDT

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE- MTRN) announced today that its Board of Directors declared a second quarter 2018 dividend of $0.105 per share of common stock, an increase of $0.005 per share, or approximately 5%. The dividend is payable on June 1, 2018 to shareholders of record at the close of business on May 16, 2018.

Jugal Vijayvargiya, President and CEO, stated, The dividend increase reflects our sixth 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 through... More