Materion Corporation (NYSE:MTRN) Raises Dividend to $0.15 Per Share

Materion Corporation (NYSE:MTRN) announced a quarterly dividend on Thursday, May 7th. Investors of record on Thursday, May 28th will be paid a dividend of 0.145 per share by the basic materials company on Friday, June 12th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, May 28th. This is a 3.6% increase from Materion’s previous quarterly dividend of $0.14.

Materion has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Materion has a payout ratio of 9.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Materion to earn $7.72 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 7.3%.

Materion Stock Down 3.4%

Shares of NYSE:MTRN opened at $190.27 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04. The company has a market cap of $3.96 billion, a PE ratio of 51.98 and a beta of 1.03. Materion has a 52 week low of $73.11 and a 52 week high of $201.88. The firm has a 50 day simple moving average of $159.06 and a 200 day simple moving average of $141.54.

Materion (NYSE:MTRN) last released its earnings results on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.03. Materion had a net margin of 3.99% and a return on equity of 12.45%. The company had revenue of $261.79 million during the quarter, compared to the consensus estimate of $479.03 million. During the same quarter in the prior year, the firm earned $1.13 EPS. The company’s revenue was up 30.8% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, research analysts expect that Materion will post 6.48 earnings per share for the current year.

Materion Company Profile

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.