Earnings ·
Minerals Technologies raises quarterly dividend to $0.13 per share and reports Q3 EPS of $1.37
MTXMinerals Technologies Inc
Minerals Technologies Inc. reported third-quarter earnings per share of $1.37, or $1.53 excluding special items, on sales of $555 million, up 4 percent year-over-year. The company also announced an 8 percent increase in its regular quarterly dividend to $0.13 per share, payable December 3, 2026, to shareholders of record as of November 5, 2026. Additionally, Minerals Technologies completed a $400 million private offering of senior notes due 2032 to repay maturing debt and increased its revolving credit facility capacity to $500 million. The company operates in the specialty minerals industry, providing functional components and advanced technologies for consumer, industrial, and infrastructure markets.