Materion Corporation (NYSE:MTRN – Get Free Report) gapped up prior to trading on Wednesday after the company announced better than expected quarterly earnings. Materion shares last traded at $281.56, with a volume of 124,061 shares trading hands. The basic materials company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. Get Materion alerts:Materion Dividend AnnouncementThe company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Kestra Advisory Services LLC acquired a new position in shares of Materion during the 4th quarter valued at $40,000.