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MAYFIELD HEIGHTS, Ohio - Materion Corporation (NYSE:MTRN), a provider of advanced materials solutions with a market capitalization of $1.51 billion, has announced an increase in its quarterly dividend. The company’s Board of Directors declared a dividend of $0.14 per share of common stock for the second quarter of 2025, representing a $0.005 rise from the previous dividend. This marks the company’s 13th consecutive year of dividend increases, maintaining its position among consistent dividend growers.
The upcoming dividend is set to be paid on June 13, 2025, to shareholders who are on record as of May 29, 2025. This increment underscores Materion’s commitment to delivering value to its shareholders and reflects confidence in the company’s financial stability and future performance. The stock, currently trading near its 52-week low, offers a dividend yield of 0.69%. According to InvestingPro analysis, the company appears undervalued based on its Fair Value assessment.
Materion Corporation has a nearly century-long history and operates globally, specializing in materials solutions for a variety of high-performance industries such as semiconductor, aerospace & defense, energy, and automotive. Headquartered in Ohio, the company employs a workforce of over 3,000 people across the globe, catering to a customer base spread over 60 countries.
The dividend announcement is based on a press release statement from Materion Corporation.
In other recent news, Materion Corporation reported robust financial results for the first quarter of 2025, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.13, exceeding the forecasted $1.05, and revenue reached $420.3 million, surpassing the anticipated $395.2 million. The aerospace sector notably contributed to this performance with a 30% growth. However, KeyBanc Capital Markets downgraded Materion’s stock from Overweight to Sector Weight, citing revised earnings estimates for 2025 and 2026 due to a lower profit baseline and the ongoing impact of tariffs on China. The downgrade reflects a cautious outlook on Materion’s financial performance in light of these challenges. Additionally, Materion shareholders approved the 2025 Equity and Incentive Compensation Plan, which replaces previous plans and is designed to align the interests of directors, officers, and key employees with the company’s long-term success. This new plan allows for a variety of compensatory awards, including stock options and performance-based awards.
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