Materion Corp(NYSE:MTRN) Declares Dividend of $0.0950.

Materion Corp (NYSE:MTRN) had declared a cash dividend of $0.0950 on Aug 3, 2016. The shares will quote ex-dividend on Aug 17, 2016 and the record date has been fixed for Aug 19, 2016. On Aug 3, 2016 share price, the yield comes out to be 1.4361%. The dividend payable date has been fixed on Sep 2, 2016.

Materion Corp (MTRN) shares turned negative on Fridays trading session with the shares closing down -0.57 points or -2.07% at a volume of 94,293. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $27.67. The peak price level was also seen at $27.67 while the days lowest was $26.89. Finally the shares closed at $26.98. The 52-week high of the shares is $35.21 while the 52-week low is $20.62. According to the latest information available, the market cap of the company is $539 M.

Materion Corp(MTRN) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $249.78M. Analysts had an estimated revenue of $235.29M. Earnings per share were $0.31. Analysts had estimated an EPS of $0.29.

Materion Corporation is a holding company. The Company is an integrated producer of engineered materials used in a variety 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. The Company operates in three segments. The Company’s Performance Alloys and Composites segment include performance metals and technical materials. The Company’s technical materials produces strip metal products with clad inlay and overlay metals. The Company’s Advanced Materials produces chemicals microelectronics packaging precious metal non-precious metal and specialty metal products. The Company’s Other segment includes precision optics and large area coatings. The Company through its subsidiaries has operations in the United States Europe and Asia.

Comments (0)

Leave a Reply

Your email address will not be published.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