Martin Marietta Materials, Inc. (MLM) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
MLM Dividend Income Check
Safety
17.3% payout ratio with sustainable safety profile.
Consistency
11 straight years of dividend increases.
Income Trend
Yield on cost is 1.2% and trend is rising.
MLM Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MLM Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
MLM Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Martin Marietta Materials, Inc. distributes 17.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 19.0%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
MLM has raised its dividend for 11 consecutive years, with a 3-year CAGR of 8.5% and 5-year CAGR of 7.7%.
Total Shareholder Returns
Beyond cash dividends, MLM returns capital through share repurchases. The combined picture: 0.5% dividend yield, 1.2% buyback yield, 1.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.2% and is currently rising. The 5-year total return is 65.7%, with dividends contributing 3.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $36,002 today.
MLM Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 2, 2026Latest | $0.8300 | — | 49.30% | Mar 31, 2026 |
| Dec 1, 2025 | $0.8300 | — | 52.66% | Dec 31, 2025 |
| Sep 2, 2025 | $0.8300 | ↑ +5.1% | 51.92% | Sep 30, 2025 |
| Jun 2, 2025 | $0.7900 | — | 58.34% | Jun 30, 2025 |
| Mar 3, 2025 | $0.7900 | — | 66.20% | Mar 31, 2025 |
| Dec 2, 2024 | $0.7900 | — | 51.58% | Dec 31, 2024 |
| Sep 3, 2024 | $0.7900 | ↑ +6.8% | 57.95% | Sep 30, 2024 |
| Jun 3, 2024 | $0.7400 | — | 52.54% | Jun 28, 2024 |
MLM Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $36.6B | 0.5% | 17.3% | 11 | Sustainable | |
| $37.8B | 0.7% | 24.0% | 12 | Sustainable | |
| $3.1B | 0.2% | 5.1% | 2 | Sustainable | |
1st | $4.9B | 2.2% | 36.6% | 0 | Sustainable |
2nd | $75.2B | 1.1% | 22.7% | 0 | Sustainable |
| $6.8B | 0.5% | 7.3% | 0 | Sustainable | |
| $5.2B | 0.5% | 18.3% | 11 | Sustainable | |
| $420.9B | 0.6% | 31.0% | 8 | Sustainable | |
3rd | $156.1B | 1.1% | 34.2% | 8 | Sustainable |
MLM Annual Dividend History (1994–2026)
33 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.83 | — | 1 | — | — | — | 0.3% |
| 2025 | $3.24 | 5.9% | 4 | $18.80 | 17.2% | 5.80x | 1.2% |
| 2024 | $3.06 | 9.3% | 4 | $32.41 | 9.4% | 10.59x | 1.1% |
| 2023 | $2.80 | 10.2% | 4 | $18.82 | 14.9% | 6.72x | 1.0% |
| 2022 | $2.54 | 7.6% | 4 | $13.87 | 18.3% | 5.46x | 0.9% |
| 2021 | $2.36 | 5.4% | 4 | $11.22 | 21.0% | 4.75x | 0.8% |
| 2020 | $2.24 | 8.7% | 4 | $11.54 | 19.4% | 5.15x | 0.8% |
| 2019 | $2.06 | 12.0% | 4 | $9.74 | 21.1% | 4.73x | 0.7% |
| 2018 | $1.84 | 7.0% | 4 | $7.43 | 24.8% | 4.04x | 0.7% |
| 2017 | $1.72 | 4.9% | 4 | $11.25 | 15.3% | 6.54x | 0.6% |
Full MLM Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See MLM's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MLM Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MLM vs LIN
Side-by-side business, growth, and profitability comparison vs Linde plc.
Start ComparisonMLM — Frequently Asked Questions
Quick answers to the most common questions about buying MLM stock.
How much dividend does MLM pay per share?
Martin Marietta Materials, Inc. (MLM) pays a trailing 12-month dividend of $3.26 per share, with a current dividend yield of +0.5%. Payments are made Annual.
When is MLM's next ex-dividend date?
MLM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MLM typically pays dividends Annual.
Is MLM's dividend safe?
MLM's dividend safety is rated "Sustainable" based on an earnings payout ratio of +17.3% and FCF payout ratio of +19.0%. With 11 consecutive years of dividend growth, the track record supports sustainability.
Is MLM a Dividend Achiever?
Yes, Martin Marietta Materials, Inc. is classified as a Dividend Achiever with 11 consecutive years of dividend increases. The 5-year dividend CAGR is +7.7%, demonstrating above-inflation dividend growth.
How often does MLM pay dividends?
Martin Marietta Materials, Inc. pays dividends Annual. The trailing 12-month total is $3.26 per share. Dividend data on this page covers 32+ years from 1994 to 2026.
How much would $10,000 invested in MLM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MLM five years ago would be worth approximately $16,568 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MLM's yield on cost for long-term holders?
MLM's yield on cost — the current dividend divided by the original purchase price — is +1.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.5% market yield, thanks to consistent dividend growth.