Materion Corporation (NYSE:MTRN) Shareholders Set to Receive $0.14 Quarterly Dividend

Materion Corporation (NYSE:MTRN) announced a quarterly dividend on Monday, October 26th. Investors of record on Thursday, November 19th will be paid a dividend of $0.1450 per share by the basic materials company on Friday, December 4th. This represents a $0.58 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, November 19th.

Materion has a payout ratio of 9.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Materion to earn $8.48 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 6.8%.

Materion Price Performance

Shares of NYSE MTRN opened at $227.05 on Tuesday. The stock has a market cap of $4.73 billion, a P/E ratio of 52.93 and a beta of 1.05. The firm’s 50-day simple moving average is $254.90 and its 200 day simple moving average is $209.54. Materion has a fifty-two week low of $109.61 and a fifty-two week high of $324.98. The company has a quick ratio of 1.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.44.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. During the same period in the prior year, the company earned $1.37 EPS. Materion’s revenue was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities analysts expect that Materion will post 7.04 EPS for the current year.

About Materion

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

The company’s materials and products are used in aerospace and defense, semiconductor manufacturing, communications, medical technology, energy, automotive and other industrial markets.