Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Susan Sweeney was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 20
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 1st June 2026 Payment date: 8th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 155% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 30
Miller Industries, Inc. to Report Q1, 2026 Results on May 06, 2026 Miller Industries, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Announcement • Apr 09
Miller Industries, Inc., Annual General Meeting, May 22, 2026 Miller Industries, Inc., Annual General Meeting, May 22, 2026. Location: hilton garden inn hotel, 879 college drive, dalton, ga 30720, United States Announcement • Feb 26
Miller Industries, Inc. to Report Q4, 2025 Results on Mar 04, 2026 Miller Industries, Inc. announced that they will report Q4, 2025 results After-Market on Mar 04, 2026 Announcement • Oct 30
Miller Industries, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Miller Industries, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025 Announcement • Aug 14
Miller Industries Announces Workforce Reduction Miller Industries, Inc. announced that it will reduce its workforce by approximately 150 positions across three manufacturing facilities as part of a comprehensive cost reduction plan designed to enhance operational efficiency and ensure the Company's long-term success. The Company is committed to supporting affected employees during this transition by offering financial and benefit assistance, as well as outplacement and career transition resources to help affected employees navigate these changes. This workforce reduction reflects ongoing challenges in the market, including reduced retail sales and lower order intake. The Company believes these actions will strengthen the Company's competitive position as market conditions improve. Announcement • Aug 07
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2025 Miller Industries, Inc. Board of Directors has declared a quarterly cash dividend of $0.20 per share, payable September 15, 2025, to shareholders of record at the close of business on September 8, 2025, the fifty-ninth consecutive quarter that the Company has paid a dividend. Announcement • Jul 31
Miller Industries, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Miller Industries, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • May 08
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable on June 9, 2025 Miller Industries, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.20 per share, payable June 9, 2025, to shareholders of record at the close of business on June 2, 2025. Announcement • May 01
Miller Industries, Inc. to Report Q1, 2025 Results on May 07, 2025 Miller Industries, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • Mar 07
Miller Industries, Inc. Provides Earnings Guidance for the Year 2025 Miller Industries, Inc. provided earnings guidance for the year 2025 . For the year, Company expected to generate $950 million to $1.0 billion in revenue and diluted earnings per share between $2.90-$3.20 for the full year 2025. Announcement • Mar 06
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable March 24, 2025 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, payable March 24, 2025, to shareholders of record at the close of business on March 17, 2025, the fifty-seventh consecutive quarter that the Company has paid a dividend. In addition, during the full year of 2024, the Company repurchased 49,500 shares of its common stock, representing $2.9 million of the $25.0 million repurchase program authorized by the Board of Directors in April 2024. Announcement • Feb 27
Miller Industries, Inc. to Report Q4, 2024 Results on Mar 05, 2025 Miller Industries, Inc. announced that they will report Q4, 2024 results After-Market on Mar 05, 2025 Announcement • Jan 20
Miller Industries, Inc., Annual General Meeting, May 23, 2025 Miller Industries, Inc., Annual General Meeting, May 23, 2025. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: US$1.35 (vs US$1.53 in 3Q 2023) Third quarter 2024 results: EPS: US$1.35 (down from US$1.53 in 3Q 2023). Revenue: US$314.3m (up 14% from 3Q 2023). Net income: US$15.4m (down 12% from 3Q 2023). Profit margin: 4.9% (down from 6.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €72.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Machinery industry in Germany. Total returns to shareholders of 143% over the past three years. Announcement • Nov 07
Miller Industries, Inc. to Report Q3, 2024 Results on Nov 13, 2024 Miller Industries, Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024 Upcoming Dividend • Sep 05
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 09 September 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.7%). Declared Dividend • Aug 12
Second quarter dividend of US$0.19 announced Shareholders will receive a dividend of US$0.19. Ex-date: 9th September 2024 Payment date: 16th September 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$1.79 (vs US$1.30 in 2Q 2023) Second quarter 2024 results: EPS: US$1.79 (up from US$1.30 in 2Q 2023). Revenue: US$371.5m (up 24% from 2Q 2023). Net income: US$20.5m (up 38% from 2Q 2023). Profit margin: 5.5% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Miller Industries, Inc. to Report Q2, 2024 Results on Aug 07, 2024 Miller Industries, Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €58.50, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 100% over the past three years. Upcoming Dividend • May 27
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Declared Dividend • May 13
First quarter dividend of US$0.19 announced Shareholders will receive a dividend of US$0.19. Ex-date: 3rd June 2024 Payment date: 10th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (13% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 10
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable June 10, 2024 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.19 per share, payable June 10, 2024, to shareholders of record at the close of business on June 3, 2024. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$1.49 (vs US$0.81 in 1Q 2023) First quarter 2024 results: EPS: US$1.49 (up from US$0.81 in 1Q 2023). Revenue: US$349.9m (up 24% from 1Q 2023). Net income: US$17.0m (up 85% from 1Q 2023). Profit margin: 4.9% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • May 03
Miller Industries, Inc. to Report Q1, 2024 Results on May 08, 2024 Miller Industries, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Announcement • Apr 02
Miller Industries, Inc. (NYSE:MLR) announces an Equity Buyback for $25 million worth of its shares. Miller Industries, Inc. (NYSE:MLR) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its shares. The program has no expiration date. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €49.00, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 38% over the past three years. Declared Dividend • Mar 10
Fourth quarter dividend of US$0.19 announced Shareholders will receive a dividend of US$0.19. Ex-date: 15th March 2024 Payment date: 25th March 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 07
Miller Industries, Inc. Increases Quarterly Dividend, Payable March 25, 2024 Miller Industries, Inc. declared that its Board of Directors approved a 5.6% increase in the Company's quarterly dividend to $0.19 per share. The dividend will be payable March 25, 2024, to shareholders of record at the close of business on March 18, 2024. Announcement • Feb 27
Miller Industries, Inc., Annual General Meeting, Jun 21, 2024 Miller Industries, Inc., Annual General Meeting, Jun 21, 2024. Location: Hilton Garden Inn Hotel, 879 College Drive Dalton Georgia United States Announcement • Feb 07
Miller Industries, Inc. to Report Fiscal Year 2023 Results on Mar 06, 2024 Miller Industries, Inc. announced that they will report fiscal year 2023 results at 4:00 PM, US Eastern Standard Time on Mar 06, 2024 Upcoming Dividend • Nov 24
Upcoming dividend of US$0.18 per share at 1.8% yield Eligible shareholders must have bought the stock before 01 December 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%). Announcement • Nov 10
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable December 11, 2023 Miller Industries, Inc. has declared a quarterly cash dividend of $0.18 per share, payable December 11, 2023, to shareholders of record at the close of business on December 4, 2023, the fifty-second consecutive quarter that the Company has paid a dividend. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: US$1,525 (vs US$0.46 in 3Q 2022) Third quarter 2023 results: EPS: US$1,525 (up from US$0.46 in 3Q 2022). Revenue: US$274.6m (up 34% from 3Q 2022). Net income: US$17.5m (up 234% from 3Q 2022). Profit margin: 6.4% (up from 2.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Announcement • Nov 02
Miller Industries, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Miller Industries, Inc. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.18 per share at 1.8% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.8%). Announcement • Aug 10
Miller Industries, Inc. Declares A Quarterly Cash Dividend, Payable September 11, 2023 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable September 11, 2023, to shareholders of record at the close of business on September 1, 2023. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$1.30 (vs US$0.33 in 2Q 2022) Second quarter 2023 results: EPS: US$1.30 (up from US$0.33 in 2Q 2022). Revenue: US$300.3m (up 49% from 2Q 2022). Net income: US$14.9m (up 297% from 2Q 2022). Profit margin: 5.0% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Announcement • Aug 03
Miller Industries, Inc. to Report Q2, 2023 Results on Aug 09, 2023 Miller Industries, Inc. announced that they will report Q2, 2023 results on Aug 09, 2023 Announcement • Jun 02
Miller Industries, Inc. (NYSE:MLR) acquired Southern Hydraulic Cylinder, Inc. for $17.5 million. Miller Industries, Inc. (NYSE:MLR) acquired Southern Hydraulic Cylinder, Inc. for $17.5 million on May 31, 2023. The purchase price is an all-cash transaction for an aggregate purchase price of approximately $17.5 million, subject to certain pre- and post-closing adjustments for cash and net working capital. Miller Industries, Inc. (NYSE:MLR) completed the acquisition of Southern Hydraulic Cylinder, Inc. on May 31, 2023. Kilpatrick Townsend & Stockton LLP acted as legal advisor to Miller Industries, Inc and Miller & Martin, PLLC acted as legal advisor to Southern Hydraulic Cylinder, Inc. Upcoming Dividend • May 26
Upcoming dividend of US$0.18 per share at 2.1% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.0%). Reported Earnings • May 06
First quarter 2023 earnings released: EPS: US$0.81 (vs US$0.18 in 1Q 2022) First quarter 2023 results: EPS: US$0.81 (up from US$0.18 in 1Q 2022). Revenue: US$282.3m (up 31% from 1Q 2022). Net income: US$9.22m (up 347% from 1Q 2022). Profit margin: 3.3% (up from 1.0% in 1Q 2022). The increase in margin was driven by higher revenue. Announcement • May 05
Miller Industries, Inc. Declares A Quarterly Cash Dividend, Payable June 12, 2023 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable June 12, 2023, to shareholders of record at the close of business on June 5, 2023. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: US$1.78 (vs US$1.43 in FY 2021) Full year 2022 results: EPS: US$1.78 (up from US$1.43 in FY 2021). Revenue: US$848.5m (up 18% from FY 2021). Net income: US$20.3m (up 25% from FY 2021). Profit margin: 2.4% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Mar 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Leigh Walton was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 25
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 02 December 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (2.6%). Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: US$0.46 (vs US$0.34 in 3Q 2021) Third quarter 2022 results: EPS: US$0.46 (up from US$0.34 in 3Q 2021). Revenue: US$205.6m (up 25% from 3Q 2021). Net income: US$5.23m (up 36% from 3Q 2021). Profit margin: 2.5% (up from 2.3% in 3Q 2021). The increase in margin was driven by higher revenue. Announcement • Nov 10
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable on December 12, 2022 Miller Industries, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.18 per share, payable December 12, 2022, to shareholders of record at the close of business on December 5, 2022, the forty-eighth consecutive quarter that the company has paid a dividend. Announcement • Nov 03
Miller Industries, Inc. to Report Q3, 2022 Results on Nov 09, 2022 Miller Industries, Inc. announced that they will report Q3, 2022 results After-Market on Nov 09, 2022 Upcoming Dividend • Aug 25
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.8%). Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.33 (vs US$0.57 in 2Q 2021) Second quarter 2022 results: EPS: US$0.33 (down from US$0.57 in 2Q 2021). Revenue: US$201.5m (up 11% from 2Q 2021). Net income: US$3.76m (down 42% from 2Q 2021). Profit margin: 1.9% (down from 3.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • Aug 04
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable on September 12, 2022 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share,payable September 12, 2022, to shareholders of record at the close of business on September 5, 2022, theforty-seventh consecutive quarter that the Company has paid a dividend. Announcement • Jul 29
Miller Industries, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Miller Industries, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2022 Upcoming Dividend • May 27
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 03 June 2022. Payment date: 13 June 2022. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%). Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.28 in 1Q 2021) First quarter 2022 results: EPS: US$0.18 (down from US$0.28 in 1Q 2021). Revenue: US$215.5m (up 27% from 1Q 2021). Net income: US$2.07m (down 35% from 1Q 2021). Profit margin: 1.0% (down from 1.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Announcement • May 05
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable June 13, 2022 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable June 13, 2022, to shareholders of record at the close of business on June 6, 2022. Announcement • Apr 15
Miller Industries, Inc., Annual General Meeting, May 27, 2022 Miller Industries, Inc., Annual General Meeting, May 27, 2022, at 09:00 US Eastern Standard Time. Location: Hilton Garden Inn Hotel 879 College Drive Dalton Georgia United States Agenda: To consider and elect seven directors to hold office until the annual meeting of shareholders in 2023 or until their successors are duly elected and qualified; to consider and approve by non-binding advisory vote the compensation of the company’s named executive officers; and to consider such other business as may properly come before the meeting or any adjournment or postponement thereof. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.43 (down from US$2.62 in FY 2020). Revenue: US$717.5m (up 10% from FY 2020). Net income: US$16.3m (down 46% from FY 2020). Profit margin: 2.3% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Announcement • Mar 10
Miller Industries, Inc. Elects Jamison Linden as Vice President and Chief Manufacturing Officer, and Vincent J. Tiano as Vice President and Chief Revenue Officer On March 7, 2022, the board of directors of Miller Industries, Inc. elected the following persons to the corresponding positions as executive officers of the Company until their successors are duly elected and have been qualified, or until their death, resignation, or removal. Jamison Linden as Vice President and Chief Manufacturing Officer, and Vincent J. Tiano as Vice President and Chief Revenue Officer. Announcement • Mar 04
Miller Industries, Inc. to Report Q4, 2021 Results on Mar 09, 2022 Miller Industries, Inc. announced that they will report Q4, 2021 results After-Market on Mar 09, 2022 Upcoming Dividend • Nov 27
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 03 December 2021. Payment date: 13 December 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.1%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.34 (vs US$0.57 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$164.7m (down 2.2% from 3Q 2020). Net income: US$3.85m (down 41% from 3Q 2020). Profit margin: 2.3% (down from 3.9% in 3Q 2020). Upcoming Dividend • Aug 26
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 13 September 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.57 (vs US$0.51 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$181.2m (up 41% from 2Q 2020). Net income: US$6.52m (up 12% from 2Q 2020). Profit margin: 3.6% (down from 4.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Upcoming Dividend • May 28
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 04 June 2021. Payment date: 14 June 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.28 (vs US$0.48 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$169.9m (down 3.5% from 1Q 2020). Net income: US$3.18m (down 42% from 1Q 2020). Profit margin: 1.9% (down from 3.1% in 1Q 2020). The decrease in margin was driven by lower revenue. Announcement • May 06
Miller Industries, Inc. Declares Quarterly Cash Dividend, Payable June 14, 2021 Miller Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable June 14, 2021 to shareholders of record at the close of business on June 7, 2021, the forty-second consecutive quarter that the Company has paid a dividend. Is New 90 Day High Low • Mar 05
New 90-day high: €35.05 The company is up 25% from its price of €28.14 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS US$2.62 (vs US$3.43 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$651.3m (down 20% from FY 2019). Net income: US$29.8m (down 24% from FY 2019). Profit margin: 4.6% (down from 4.8% in FY 2019). The decrease in margin was driven by lower revenue. Announcement • Feb 25
Miller Industries, Inc. to Report Q4, 2020 Results on Mar 03, 2021 Miller Industries, Inc. announced that they will report Q4, 2020 results After-Market on Mar 03, 2021 Is New 90 Day High Low • Jan 21
New 90-day high: €34.73 The company is up 36% from its price of €25.49 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: €30.75 The company is up 20% from its price of €25.70 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: €29.35 The company is up 13% from its price of €26.01 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. Reported Earnings • Nov 06
Third quarter 2020 earnings released: EPS US$0.57 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$168.4m (down 14% from 3Q 2019). Net income: US$6.55m (down 19% from 3Q 2019). Profit margin: 3.9% (down from 4.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Announcement • Oct 29
Miller Industries, Inc. to Report Q3, 2020 Results on Nov 04, 2020 Miller Industries, Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 04, 2020 