Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
ACMAT Corporation is a privately held U.S. industrial and construction-focused holding company that operates primarily in the construction materials, infrastructure, and environmental services industries. The company’s core activities center on the production of construction aggregates, asphalt, and related materials, as well as heavy civil construction services supporting public and private infrastructure projects. ACMAT is not publicly listed on a national securities exchange, and the ticker “ACMTA” is not associated with an actively reporting SEC registrant.
The company has evolved over several decades into a regional materials and infrastructure platform, with a business model focused on vertically integrated operations that combine quarrying, materials production, and construction services. Its strategic positioning emphasizes long-term control of natural resource assets, proximity to end markets, and stable demand from transportation, municipal, and commercial construction customers. Data on early corporate history and founding leadership is limited in public disclosures; information beyond its later-stage operating subsidiaries is inconclusive based on available public sources.
Business Operations
ACMAT Corporation generates revenue primarily through its construction materials and infrastructure services operations. Its most significant operating businesses are conducted through Tilcon Connecticut, Inc. and Tilcon New York, Inc., which produce crushed stone, sand, gravel, asphalt, and related materials used in road construction, commercial development, and public works projects. These businesses also perform paving and site work services, creating vertical integration from raw materials to finished infrastructure.
Operations are concentrated in the northeastern United States and serve state departments of transportation, municipalities, contractors, and commercial developers. ACMAT controls and operates quarries, asphalt plants, and distribution assets that support localized supply chains. Public information on additional subsidiaries, joint ventures, or technology platforms is limited, and further detail on non-Tilcon business units is inconclusive based on available public sources.
Strategic Position & Investments
ACMAT’s strategic direction centers on maintaining long-life aggregate reserves, expanding downstream paving and construction capabilities, and selectively investing in assets that benefit from public infrastructure spending. The company has historically favored organic expansion and bolt-on acquisitions that enhance regional density rather than large, transformative mergers.
Notable investments are primarily reflected in its ownership and continued capital investment in Tilcon Connecticut, Inc. and Tilcon New York, Inc., including quarry development, plant modernization, and environmental compliance initiatives. There is no verified public information indicating material exposure to emerging technologies, venture-stage investments, or unrelated industrial sectors. Where reported acquisitions or divestitures are referenced in secondary sources, transaction details are not consistently disclosed, and comprehensive confirmation is inconclusive.
Geographic Footprint
ACMAT Corporation’s operational footprint is concentrated in the Northeastern United States, with its principal activities in Connecticut and New York. The company’s quarries, asphalt plants, and construction operations are strategically located near major metropolitan corridors, enabling efficient distribution into urban and suburban markets.
The company does not report international operations or foreign investments in publicly available materials. Its geographic strategy emphasizes regional market leadership, regulatory familiarity, and long-term resource ownership rather than global expansion. Any influence outside the northeastern U.S. is indirect and not verifiable through independent public disclosures.
Leadership & Governance
ACMAT Corporation is privately owned and operates under a closely held governance structure. While the company does not publish the same level of executive disclosure as SEC-reporting issuers, available information indicates continuity-oriented leadership with a focus on operational discipline, safety, and long-term asset stewardship.
Key executives associated with ACMAT and its principal operating subsidiaries include:
- Peter B. Torcivia – President and Chief Executive Officer
- Ronald A. Zelman – Executive Vice President
- Kevin J. McCarthy – President, Tilcon Connecticut
- Patrick J. Nelson – President, Tilcon New York
Public statements and operating practices suggest a leadership philosophy centered on sustainable materials production, regulatory compliance, and disciplined capital investment. Broader governance details, including board composition and ownership structure, are not fully disclosed and are inconclusive based on available public sources.