Does Martin Marietta Materials (MLM) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Martin Marietta Materials (MLM) pays a dividend yielding about 0.63% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.83 per share, ex-dividend June 1, 2026. The forward annual rate is roughly $3.32 per share, about $63 a year on a $10,000 position before tax. The payout takes about 22% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Martin Marietta Materials (MLM) pay a dividend?
Yes. Martin Marietta Materials distributes a dividend yielding roughly 0.63% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.83 per share, with an ex-dividend date of June 1, 2026. Annualized, that is about $3.32 per share.
Martin Marietta trades at a premium similar to (slightly below) Vulcan, reflecting the same durable aggregates pricing model, the federal infrastructure tailwind, and the Texas cement franchise. The valuation has expanded with the broader infrastructure thesis.
MLM dividend at a glance
| 2026-06-01 | $0.83 |
| 2026-03-02 | $0.83 |
| 2025-12-01 | $0.83 |
| 2025-09-02 | $0.83 |
| 2025-06-02 | $0.79 |
| 2025-03-03 | $0.79 |
MLM dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MLM's investor relations page before relying on it.
Is the MLM dividend covered?
Martin Marietta Materials paid out about 22% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the MLM dividend has changed
The latest payment of $0.83 per share compares with $0.79 in the equivalent payment a year earlier (June 2, 2025). That is a change of 5.1% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on MLM's investor relations page.
What MLM's dividend means for you
- Income: about $63 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for MLM the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How MLM dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the MLM dividend
Martin Marietta Materials (MLM) pays about 0.63%, or roughly $3.32 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the MLM guide. Walnut can show how MLM fits your real portfolio. It is not an investment adviser.
Investing in Martin Marietta Materials with AI
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FAQ
Does Martin Marietta Materials (MLM) pay a dividend?
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Yes. Martin Marietta Materials pays a dividend yielding roughly 0.63% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.83 per share with an ex-dividend date of June 1, 2026. That works out to a forward annual rate of about $3.32 per share. Yields move with the share price, so verify the current figure with your broker or MLM's investor relations page before relying on it.
What is MLM's dividend yield?
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About 0.63% as of August 2026. On a $10,000 position that is roughly $63 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so MLM yields meaningfully less than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does MLM pay its dividend?
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Martin Marietta Materials pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of June 1, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on MLM's investor relations page, because boards can change both the amount and the timing.
When is MLM's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is June 1, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check MLM's investor relations page for the next confirmed date.
Has Martin Marietta Materials raised its dividend recently?
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Yes. The latest payment of $0.83 per share is above the $0.79 paid in the same slot a year earlier, an increase of about 5.1%. One raise is not a policy, though: check the multi-year record on MLM's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is MLM's dividend safe?
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Martin Marietta Materials paid out about 22% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in MLM?
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At a yield of about 0.63%, roughly $63 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are MLM dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest MLM dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each MLM payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Martin Marietta pay a dividend?
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Yes. MLM yields approximately 0.6% as of early 2026, paid quarterly. The dividend has been raised consistently for many years. Like VMC, the dollar dividend has grown faster than share price would suggest because the multiple has expanded; the yield is modest because of share price appreciation.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with MLM's investor relations page or your broker before acting on them.
Guides that feature MLM
MLM is one of the names covered in these guides. Each one puts the stock next to its peers so you can see where it fits rather than judging it alone.