Martin Marietta Stock To Go Ex-dividend Tomorrow (MLM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Martin Marietta Materials (NYSE: MLM) is tomorrow, November 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $86.82 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Martin Marietta has been 439,200 shares per day over the past 30 days. Martin Marietta has a market cap of $3.95 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 15.1% year to date as of the close of trading on Monday.

Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. The company has a P/E ratio of 55.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Martin Marietta as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full Martin Marietta Ratings Report.

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