Martin Marietta Materials (MLM) Dividend
Martin Marietta Materials, Inc. · Basic Materials · Building Materials · quarterly payer
As of Nov 5, 2026, Martin Marietta Materials (MLM) pays a quarterly dividend of $0.84 per share, or $3.36 a year, a 0.60% yield at its $531.10 share price. It pays every quarter, usually in March, June, September and December. It has raised its dividend 10 years in a row and has a dividend safety grade of A.
Forward Yield
0.60%
Annual Dividend
$3.36
Payout Ratio
25%
5-Yr Growth
7.7%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Key facts about MLM's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Martin Marietta Materials, Inc. (MLM) has a forward dividend yield of 0.60%, based on an annual dividend of $3.36 per share and a share price of $531.10.
- As of Nov 5, 2026, MLM's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Martin Marietta Materials, Inc. (MLM) has raised its dividend for 10 consecutive years as of Nov 5, 2026.
- MLM has never cut its regular dividend in the payment history SmarterDividends has on record.
- MLM's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.84 per share.
- As of Nov 5, 2026, MLM pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- MLM's dividend has grown at an average rate of 7.7% a year over the past five years.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for MLM is $264.76 per share, 50% below the $531.10 share price, so MLM screens as overvalued.
- Martin Marietta Materials, Inc. (MLM) pays its dividend quarterly, 4 times a year.
- Martin Marietta Materials, Inc. (MLM) has raised its regular dividend 21 times and cut it 0 times across the 129 payments on record since 1994. Its most recent change was a 1.2% increase to $0.840 per share, going ex-dividend on Sep 1, 2026.
- Martin Marietta Materials (MLM) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 1.2%, was declared on Aug 13, 2026.
Cite this page
SmarterDividends, "MLM Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/MLM
Is MLM a good dividend stock?
YesMartin Marietta Materials, Inc. (MLM) pays a quarterly dividend yielding 0.60% ($3.36/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 10 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (25%)
- Strong 7.7% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.60%
- Payout Ratio
- 25%
- Annual Dividend
- $3.36
- 5-Yr Avg Growth
- 7.7%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $37.7B
- P/E Ratio
- 39.6
- 5-Yr Total Return
- 34%
- 52-Week Range
- $464.92 – $710.97
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
MLM dividend raises and cuts
Martin Marietta Materials, Inc. (MLM) has raised its regular dividend 21 times and cut it 0 times across the 129 payments on record since 1994. Its most recent change was a 1.2% increase to $0.840 per share, going ex-dividend on Sep 1, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 1, 2026 | Raise | $0.830 → $0.840 | +1.2% |
| Sep 2, 2025 | Raise | $0.790 → $0.830 | +5.1% |
| Sep 3, 2024 | Raise | $0.740 → $0.790 | +6.8% |
| Aug 31, 2023 | Raise | $0.660 → $0.740 | +12.1% |
| Aug 31, 2022 | Raise | $0.610 → $0.660 | +8.2% |
| Aug 31, 2021 | Raise | $0.570 → $0.610 | +7.0% |
| Aug 31, 2020 | Raise | $0.550 → $0.570 | +3.6% |
| Aug 30, 2019 | Raise | $0.480 → $0.550 | +14.6% |
| Aug 31, 2018 | Raise | $0.440 → $0.480 | +9.1% |
| Aug 31, 2017 | Raise | $0.420 → $0.440 | +4.8% |
| Aug 30, 2016 | Raise | $0.400 → $0.420 | +5.0% |
| Aug 27, 2008 | Raise | $0.345 → $0.400 | +15.9% |
Show all 21 changes since 1996
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 29, 2007 | Raise | $0.275 → $0.345 | +25.5% |
| Aug 30, 2006 | Raise | $0.230 → $0.275 | +19.6% |
| Aug 30, 2005 | Raise | $0.200 → $0.230 | +15.0% |
| Aug 30, 2004 | Raise | $0.180 → $0.200 | +11.1% |
| May 30, 2003 | Raise | $0.150 → $0.180 | +20.0% |
| Aug 28, 2002 | Raise | $0.140 → $0.150 | +7.1% |
| Aug 30, 2000 | Raise | $0.130 → $0.140 | +7.7% |
| Sep 11, 1998 | Raise | $0.120 → $0.130 | +8.3% |
| Aug 28, 1996 | Raise | $0.110 → $0.120 | +9.1% |
Frequently Asked Questions
Is MLM a good dividend stock?
Yes. Martin Marietta Materials, Inc. (MLM) pays a quarterly dividend yielding 0.60% ($3.36/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is MLM undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MLM's fair value is about $264.76 versus a $531.10 share price — so it looks overvalued (-50% vs. fair value).
Is MLM's dividend safe?
MLM has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 10-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is MLM's fair value?
Our blended fair-value estimate for MLM is about $264.76 per share, about 50% below the current $531.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is MLM a buy, hold, or sell?
We don't issue formal ratings, but on the data MLM screens as "yes" and overvalued. Martin Marietta Materials, Inc. (MLM) pays a quarterly dividend yielding 0.60% ($3.36/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will MLM cut its dividend?
MLM earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does MLM pay a dividend?
Yes. Martin Marietta Materials, Inc. pays a quarterly dividend of about $3.36 per share annually, a forward yield of roughly 0.60%.
How much dividend does 100 shares of MLM pay?
At $3.36 per share a year, 100 shares of MLM pay $336.00 a year in dividends before tax, about $84.00 each quarter. Buying them costs about $53,110 at the Nov 5, 2026 price.
What is MLM's dividend yield?
As of Nov 5, 2026, MLM's forward dividend yield is 0.60%, based on a $3.36 annual dividend and a $531.10 share price.
What is MLM's dividend per share?
As of Nov 5, 2026, MLM pays $3.36 per share per year, distributed on a quarterly basis.
What is MLM's dividend payout ratio?
As of Nov 5, 2026, MLM's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has MLM grown its dividend?
As of Nov 5, 2026, MLM has increased its dividend for 10 consecutive years.
When is the next MLM ex-dividend date?
As of Nov 5, 2026, MLM's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.84 per share.
MLM Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
+16%
5 Years
+34%
52-Week Range
$464.92 – $710.97
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MLM worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Martin Marietta Materials, Inc. is $264.76 per share, versus a market price of $531.10. That implies 50% of downside.
Fair Value
$264.76
Current Price
$531.10
Downside
-50%
Margin of Safety
-101%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 27.6% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.7% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $15.38 EPS, $3.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MLM Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MLM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | Sep 30, 2026 | $0.8400 | regular |
| Jun 1, 2026 | Jun 30, 2026 | $0.8300 | regular |
| Mar 2, 2026 | Mar 31, 2026 | $0.8300 | regular |
| Dec 1, 2025 | Dec 31, 2025 | $0.8300 | regular |
| Sep 2, 2025 | Sep 30, 2025 | $0.8300 | regular |
| Jun 2, 2025 | Jun 30, 2025 | $0.7900 | regular |
| Mar 3, 2025 | Mar 31, 2025 | $0.7900 | regular |
| Dec 2, 2024 | Dec 31, 2024 | $0.7900 | regular |
| Sep 3, 2024 | Sep 30, 2024 | $0.7900 | regular |
| Jun 3, 2024 | Jun 28, 2024 | $0.7400 | regular |
| Mar 1, 2024 | Mar 28, 2024 | $0.7400 | regular |
| Nov 30, 2023 | Dec 29, 2023 | $0.7400 | regular |
| Aug 31, 2023 | Sep 29, 2023 | $0.7400 | regular |
| May 31, 2023 | Jun 30, 2023 | $0.6600 | regular |
Income Calculator
At $3.36 / yr per share
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