Minerals Technologies Inc. announced an 8% increase in its quarterly dividend to $0.13 per share, payable December 3, 2026.
Quiver AI Summary
Minerals Technologies Inc. (MTI) announced an 8% increase in its quarterly dividend, raising it to $0.13 per share, marking the fourth consecutive year of dividend increases. This dividend, scheduled for payment on December 3, 2026, will benefit stockholders recorded by November 5, 2026. CEO Douglas T. Dietrich highlighted this decision as a reflection of MTI's confidence in its ability to generate steady cash flow and execute its long-term growth strategy. The company's approach to capital deployment involves a mix of investments, share repurchases, and dividends while maintaining strong financial health. MTI is a global leader in specialty minerals, with operations across 34 countries and reported sales of $2.1 billion in 2025.
Potential Positives
- The Board of Directors declared an 8% increase in the quarterly dividend, reflecting confidence in the company's financial performance.
- This marks the fourth consecutive year of dividend increases, indicating a strong commitment to returning value to shareholders.
- The announcement highlights MTI's ability to generate steady cash flow and execute on a long-term growth strategy.
- The dividend increase showcases a balanced approach to capital deployment, which includes returning capital to shareholders while maintaining a strong balance sheet.
Potential Negatives
- While the company announced an increase in dividends, it may indicate that they are prioritizing return to shareholders over reinvesting in growth opportunities, which could impact long-term competitiveness.
FAQ
What is the new dividend amount declared by Minerals Technologies Inc.?
Minerals Technologies Inc. declared an 8% increase in its quarterly dividend to $0.13 per share.
When is the dividend payable to shareholders?
The quarterly cash dividend is payable on December 3, 2026.
What date is the record for shareholders to receive the dividend?
Shareholders of record will be determined at the close of business on November 5, 2026.
How many years in a row has MTI increased its dividend?
This is the fourth consecutive year that MTI's Board has authorized a dividend increase.
What is the primary focus of Minerals Technologies Inc.?
Minerals Technologies Inc. focuses on sourcing, manufacturing, and distributing specialty minerals and mineral-based products globally.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MTX Insider Trading Activity
$MTX insiders have traded $MTX stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MTX stock by insiders over the last 6 months:
- DOUGLAS T DIETRICH (CHAIRMAN AND CEO) sold 21,568 shares for an estimated $1,758,421
- TIMOTHY JORDAN (Vice President) sold 6,000 shares for an estimated $481,648
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MTX Revenue
$MTX had revenues of $548.4M in Q2 2026. This is an increase of 3.69% from the same period in the prior year.
You can track MTX financials on Quiver Quantitative's MTX stock page.
You can access data on MTX stock through the Quiver Quantitative API.
$MTX Congressional Stock Trading
Members of Congress have traded $MTX stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MTX stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 07/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$MTX Hedge Fund Activity
We have seen 160 institutional investors add shares of $MTX stock to their portfolio, and 100 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BRANDES INVESTMENT PARTNERS, LP removed 554,920 shares (-66.0%) from their portfolio in Q2 2026, for an estimated $41,047,432
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 477,498 shares (+inf%) to their portfolio in Q2 2026, for an estimated $35,320,527
- AMERICAN CENTURY COMPANIES INC removed 468,428 shares (-46.0%) from their portfolio in Q2 2026, for an estimated $34,649,619
- FMR LLC added 373,174 shares (+8.8%) to their portfolio in Q2 2026, for an estimated $27,603,680
- FIRST TRUST ADVISORS LP added 306,594 shares (+1235.2%) to their portfolio in Q2 2026, for an estimated $22,678,758
- JPMORGAN CHASE & CO added 287,309 shares (+inf%) to their portfolio in Q2 2026, for an estimated $21,252,246
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added 249,154 shares (+17.1%) to their portfolio in Q2 2026, for an estimated $18,429,921
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI”), a leading, technology-driven specialty minerals company, today announced that its Board of Directors declared an 8% increase of its regular quarterly dividend on the company’s common stock to $0.13 (thirteen cents) per share. The quarterly cash dividend announced today is payable on December 3, 2026, to stockholders of record at the close of business on November 5, 2026.
“This is the fourth year in a row that MTI’s Board of Directors has authorized an increase of our quarterly dividend, reflecting our confidence in MTI’s continued ability to deliver steady cash flow, create value for shareholders, and execute on its long-term growth strategy,” said Douglas T. Dietrich, Chairman and Chief Executive Officer.
MTI’s regular quarterly dividend is a key component of the company’s balanced approach to capital deployment, which includes organic and inorganic investments, returning capital to shareholders through share repurchases and dividends, and maintaining a strong balance sheet.
About Minerals Technologies Inc.
Minerals Technologies Inc. (NYSE:MTX) is a global, technology-driven specialty minerals company that sources, manufactures, sells, and distributes a wide range of minerals and mineral-based products and services. We utilize our global mineral reserves, combined with our core technologies and applications, to deliver innovative products that are an essential part of everyday life. We serve customers in consumer and industrial markets worldwide, have 4,000 employees in 34 countries, and reported global sales of $2.1 billion in 2025. For further information, visit
www.mineralstech.com
.
Investor Relations Contact
Lydia Kopylova
[email protected]
Media Contact
Stephanie Heise
[email protected]