Materion Corporation (MTRN) will raise its quarterly dividend by 5.6 percent to $0.095 per share in 2016. This follows a 5.9 percent dividend hike by the company in the previous year.

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.