NEW YORK ( TheStreet) -- The ex-dividend date for Martin Marietta Materials (NYSE: MLM) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $87.07 as of 9:31 a.m. ET, the dividend yield is 1.8%. The average volume for Martin Marietta has been 429,800 shares per day over the past 30 days. Martin Marietta has a market cap of $4 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 5.9% year to date as of the close of trading on Wednesday. Martin Marietta Materials, Inc. engages in the production and sale of aggregates for the construction industry in the United States, Canada, the Bahamas, and the Caribbean Islands. The company has a P/E ratio of 42.1, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 22.7. TheStreet Ratings rates Martin Marietta as hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and generally poor debt management. You can view the full Martin Marietta Ratings Report. See our dividend calendar or top-yielding stocks list.
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