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MLM - HeidelbergCement: A Dividend Growth Idea With A 3% Yield And 32% Payout Ratio
May, 29 2021 11:35 AM
Martin Marietta Materials Inc.
HeidelbergCement is one of the world's largest producers of cement, concrete and aggregates. Heidelberg got through 2020 more than alright, and is currently optimizing its corporate structure. There have been some asset sales, including a $2.3B sale to Martin Marietta Materials. That may weigh on the full-year results (no details were shared yet), but it will also strongly improve the balance sheet. For further details see:
HeidelbergCement: A Dividend Growth Idea With A 3% Yield And 32% Payout Ratio
Stock Information
Company Name:
Martin Marietta Materials Inc.
Stock Symbol:
MLM
Market:
NYSE
Website:
martinmarietta.com
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