Materion Corp. (MTRN) Raises Quarterly Dividend 4.8% to $0.11; 0.6% Yield

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Go back to Materion Corp. (MTRN) Raises Quarterly Dividend 4.8% to $0.11; 0.6% Yield

Materion Corporation Increases Quarterly Cash Dividend

May 9, 2019 8:16 AM EDT

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE-MTRN) announced today that its Board of Directors declared a second quarter 2019 dividend of $0.11 per share of common stock, an increase of $0.005 per share, or approximately 5%. The dividend is payable on June 5, 2019 to shareholders of record at the close of business on May 20, 2019.

Jugal Vijayvargiya, President and CEO, stated, The dividend increase reflects our seventh 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