Materion Corporation, a leading global supplier of advanced materials and services, has recently made an exciting announcement regarding its dividend increase for the first quarter of 2023. This move reflects the company's commitment to enhancing shareholder value and showcases its strong financial performance. The Board of Directors of Materion Corporation declared a dividend of $0.13 per share of common stock, representing an increase of $0.005 per share, or approximately 5%.

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Details of the Dividend Increase

The dividend increase is a significant development for Materion Corporation and its shareholders. This raise highlights the company's continued dedication to delivering attractive returns and rewarding its investors. With this adjustment, the quarterly dividend per share rises to $0.13, providing shareholders with an additional $0.005 per share compared to the previous quarter.

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Payment Date and Record Date

Materion Corporation has set the payment date for the first-quarter dividend as June 15, 2023. Shareholders of record at the close of business on May 31, 2023, will be eligible to receive the dividend payment.

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Members of LevelFields received the alert of this event on May 17, 4:55 PM ET

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