Materion Corporation (mtrn) To Go Ex-Dividend on February 13th

Materion Corporation (NYSE:mtrn) declared a quarterly dividend on Wednesday, February 1st. Shareholders of record on Wednesday, February 15th will be paid a dividend of 0.095 per share on Friday, March 3rd. This represents a $0.38 annualized dividend and a yield of 0.98%. The ex-dividend date is Monday, February 13th.

Materion Corporation (NYSE:MTRN) opened at 38.85 on Friday. Materion Corporation has a one year low of $22.36 and a one year high of $41.23. The firm’s 50-day moving average is $39.54 and its 200 day moving average is $33.87. The firm has a market capitalization of $774.55 million, a price-to-earnings ratio of 30.38 and a beta of 1.28.

Dividend History for Materion Corporation (NYSE:mtrn)

In other news, Director Craig S. Shular sold 5,744 shares of the business’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $38.94, for a total value of $223,671.36. Following the completion of the sale, the director now directly owns 2,941 shares in the company, valued at $114,522.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.30% of the company’s stock.

Several analysts have commented on MTRN shares. Zacks Investment Research downgraded shares of Materion Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 1st. Wm Smith started coverage on shares of Materion Corporation in a research report on Thursday, November 3rd. They issued a “not rated” rating and a $35.00 target price for the company. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $34.50.

TRADEMARK VIOLATION WARNING: This story was posted by sleekmoney and is the property of of sleekmoney. If you are accessing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark legislation. The original version of this story can be viewed at http://sleekmoney.com/materion-corporation-mtrn-to-go-ex-dividend-on-february-13th/1656368.html.

About Materion Corporation

Materion Corporation is a holding company. The Company is an integrated producer of engineered materials used in a range of electrical, electronic, thermal and structural applications. The Company’s products are sold in markets, including consumer electronics, industrial components, medical, automotive electronics, energy, telecommunications infrastructure, defense and commercial aerospace.

5 Day Chart for NYSE:MTRN

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/materion-corporation-mtrn-to-go-ex-dividend-on-february-13th/1656368.html

Receive News & Ratings for Materion Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materion Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *