Minerals Technologies Inc. (NYSE:MTX) will begin trading ex-dividend on August 20, 2020. The quarterly dividend payment of $ 0.05 per share is scheduled to be paid on September 3, 2020. Shareholders who purchased MTX prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
Minerals Technologies Inc. unveiled income for the first quarter of $ 1.13 per share, from the revenue of $ 417.50 million. The quarterly earnings escalated 1.80 percent while revenues down 4.62 percent compared with the same quarter last year.
Street analysts expected Minerals Technologies Inc. to report income of $ 0.95 per share on revenue of $ 427.82 million for the first quarter. The bottom line results beat street analysts by $ 0.18 or 18.95 percent, at the same time, top line results fell short of analysts by $ 10.32 million or 2.41 percent.
Stock Performance
According to the previous trading day, closing price of MTX was $ 51.61, representing a 89.19 % increase from the 52 week low of $ 27.28 and a 12.79 % decrease over the 52 week high of $ 59.18.
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The company has a market capital of $ 1.76 billion and is part of the Basic Materials sector and Chemicals industry.
Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The companys Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc.
