MTX news

Minerals Technologies reported 4% Q3 sales growth and raised its quarterly dividend, demonstrating resilience against input cost pressures.

Minerals Technologies Inc. declared an 8% increase in its regular quarterly dividend to $0.13 per share, marking the fourth consecutive year of dividend increases.

Minerals Technologies is offering $400M notes due 2032 to redeem senior notes due 2028 and amend its revolving credit facility. The deal is slated to close Oct. 13, 2026.

MTI is offering $400 million of senior notes due 2034 to redeem outstanding 2028 notes and pay related fees.

Minerals Technologies reported second quarter sales of $548 million, up 4 percent year-over-year, and adjusted earnings per share increased 3 percent. The company remains on track for mid-single-digit full-year growth.

The Board of Directors announced its regular quarterly cash dividend of $0.12 per share. The payment on September 4, 2026, is market-relevant as it reflects continued shareholder returns from a specialty minerals company.

Minerals Technologies Inc. filed a reorganization plan to address talc claims at its subsidiaries. The company expects to record a $290 million charge in Q2 2026, creating headwinds for the stock.

Minerals Technologies Inc. announced a regular quarterly cash dividend of $0.12 per share, payable June 18, 2026. The dividend declaration demonstrates the company's commitment to returning capital to shareholders and reflects confidence in cash generation.