In the Material Design guidelines Google presented a new style of button, the FAB Button. I found instructions how to make it but I have trouble adding the shadow.
Check out the "activity.java", there is probably the code you need.
I made the Fab - Button like this:
layout.xml
ripple.xml
fab.xml
Activity.java
import android.graphics.Outline;
...
Button fab = (Button) rootView.findViewById(R.id.fabbutton);
Outline mOutlineCircle;
int shapeSize = getResources().getDimensionPixelSize(R.dimen.shape_size);
mOutlineCircle = new Outline();
mOutlineCircle.setRoundRect(0, 0, shapeSize, shapeSize, shapeSize / 2);
fab.setOutline(mOutlineCircle);
fab.setClipToOutline(true);
This code will be shown as error in android studio v0.8.1, so as other android l components. It will be fixed in the next version.
Result: