Materion Corporation (MTRN) will raise its quarterly dividend by 6.3 percent to $0.085 per share in 2014. Last year the engineered materials company announced a 6.7 percent dividend hike, being the first ever increase since a dividend was initiated in 2012.

Materion Corporation, through its subsidiaries, is an integrated producer of engineered materials used in a range of electrical, electronic, thermal, and structural applications. Products include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems. Materion Corporation has paid a dividend to shareholders every year since 2012.