Methanex Dividend
Dividend criteria checks 2/6
Methanex is a dividend paying company with a current yield of 1.53% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
1.5%
Dividend yield
30%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CA$2.48 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Nov 15
When Should You Buy Methanex Corporation (TSE:MX)?
Oct 19Here's What's Concerning About Methanex's (TSE:MX) Returns On Capital
Sep 01Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Aug 04When Should You Buy Methanex Corporation (TSE:MX)?
Jul 20Methanex (TSE:MX) Will Want To Turn Around Its Return Trends
May 31Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet
Apr 24Methanex (TSE:MX) Has Some Way To Go To Become A Multi-Bagger
Feb 20Methanex Corporation (TSE:MX) Shares Could Be 35% Below Their Intrinsic Value Estimate
Feb 07Is Methanex (TSE:MX) Using Too Much Debt?
Jan 09We Ran A Stock Scan For Earnings Growth And Methanex (TSE:MX) Passed With Ease
Nov 25Investors Will Want Methanex's (TSE:MX) Growth In ROCE To Persist
Nov 12Here's Why Methanex (TSE:MX) Can Manage Its Debt Responsibly
Oct 07Do Methanex's (TSE:MX) Earnings Warrant Your Attention?
Aug 17Methanex (TSE:MX) Is Doing The Right Things To Multiply Its Share Price
Jun 28Methanex (TSE:MX) Has A Pretty Healthy Balance Sheet
May 16Methanex (TSE:MX) Shareholders Will Want The ROCE Trajectory To Continue
Mar 19A Look At The Fair Value Of Methanex Corporation (TSE:MX)
Feb 11Is Methanex (TSE:MX) A Risky Investment?
Jan 01Statutory Profit Doesn't Reflect How Good Methanex's (TSE:MX) Earnings Are
Nov 03Is Methanex Corporation (TSE:MX) Trading At A 43% Discount?
Sep 29Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Jul 26Capital Allocation Trends At Methanex (TSE:MX) Aren't Ideal
Jun 14Here's Why It's Unlikely That Methanex Corporation's (TSE:MX) CEO Will See A Pay Rise This Year
Apr 24Health Check: How Prudently Does Methanex (TSE:MX) Use Debt?
Apr 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MX's dividend payments have been volatile in the past 10 years.
Growing Dividend: MX's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Methanex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MX) | 1.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Chemicals) | 3.9% |
| Analyst forecast in 3 Years (MX) | 1.6% |
Notable Dividend: MX's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: MX's dividend (1.53%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), MX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), MX's dividend payments are well covered by cash flows.