CRH plc (NYSE:CRH) is included among the 13 Best Materials Dividend Stocks to Buy Right Now.
A construction worker wearing a hard hat and safety glasses at a site, carrying concrete blocks.
CRH plc (NYSE:CRH) is an Ireland-based building materials company that supplies materials and end-to-end services for construction across sectors like transportation, infrastructure, buildings, and outdoor spaces. In 2024, the company made around 40 acquisitions, spending roughly $5 billion.
Through CRH plc (NYSE:CRH), investors gain access to cement demand and US infrastructure growth, along with rising opportunities in developing countries like Brazil. In the US, CRH operates under the Ash Grove Cement name. The company has recently reached a deal to purchase Eco Material Technologies, a Utah-based company, for $2.1 billion. Eco Material specializes in ash-based supplementary cementitious materials and operates throughout North America. Its network includes over 125 utility sources, production sites, and terminals focused on fly ash, pozzolans, synthetic gypsum, and eco-friendly cement products.
The business will retain its name as Eco Material Technologies, a CRH Company, and its workforce of more than 1,100 employees will become part of the CRH organization.
CRH plc (NYSE:CRH) holds a solid dividend policy. The company has been paying uninterrupted dividends to shareholders since 1970. It currently offers a quarterly dividend of $0.37 per share and has a dividend yield of 1.53%, as of July 29.
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