Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
RALEIGH, N.C., Aug. 24, 2017 -- Martin Marietta Materials, Inc. (NYSE:MLM) today announced that its Board of Directors approved a five percent increase in the quarterly cash dividend to $0.44 (forty-four cents) per share on the Company’s common stock. This dividend, which represents a cash dividend of $1.76 per share on an annualized basis, is payable September 29, 2017, to shareholders of record at the close of business on September 5, 2017.
Ward Nye, Chairman and Chief Executive Officer stated, “We are dedicated to maintaining a disciplined capital allocation. As we have consistently indicated, our priorities for capital are valuable strategic acquisitions, organic investments, and returning cash to our shareholders through a meaningful and sustainable cash dividend and our share repurchase program. Consistent with this objective, we are pleased that our performance and outlook for future growth in earnings and cash generation has enabled us to once again increase our annual cash dividend. We believe this allows us to return value to our shareholders over the long term.”
Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 26 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive. Martin Marietta’s Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide and dolomitic lime products. For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com.
Investor Contact: Suzanne Osberg Vice President, Investor Relations (919) 783-4691 [email protected]
