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

NEW YORK ( TheStreet) -- The ex-dividend date for Martin Marietta Materials (NYSE: MLM) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $118.60 as of 9:50 a.m. ET, the dividend yield is 1.4%.

The average volume for Martin Marietta has been 729,200 shares per day over the past 30 days. Martin Marietta has a market cap of $5.4 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 16.8% year to date as of the close of trading on Tuesday.

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.

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TheStreet Ratings rates Martin Marietta as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Martin Marietta Ratings Report.

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