Materion Increases Quarterly Dividend From $0.13 To $0.135 Per Share
Portfolio Pulse from Benzinga Newsdesk
Materion Corporation (NYSE:MTRN) has increased its quarterly dividend to $0.135 per share, up from $0.13. The new dividend will be payable on June 7, 2024, to shareholders of record as of May 23, 2024.
May 09, 2024 | 9:53 pm
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Materion Corporation has announced an increase in its quarterly dividend to $0.135 per share, signaling confidence in its financial health and commitment to returning value to shareholders.
Increasing dividends is often seen as a positive signal about a company's future earnings potential and financial health. This move by Materion could attract dividend investors and potentially lead to a positive short-term impact on its stock price.
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