Miller Industries, Inc.

NYSE:MLR Stock Report

Market Cap: US$686.7m

Miller Industries Dividend

Dividend criteria checks 4/6

Miller Industries is a dividend paying company with a current yield of 1.27% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 3rd June, 2024.

Key information

1.3%

Dividend yield

13%

Payout ratio

Industry average yield1.6%
Next dividend pay date10 Jun 24
Ex dividend date03 Jun 24
Dividend per sharen/a
Earnings per shareUS$5.76
Dividend yield forecast in 3Yn/a

Recent dividend updates

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Nov 17
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Aug 28
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Recent updates

Miller Industries Can Keep Pulling Itself Higher As Conditions Stabilize

May 06

Miller Industries: Inventory Frontloading Continues To Be A Winning Strategy For Now

Jan 30

Miller Industries: Remains Underfollowed And Undervalued

Jan 24

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Nov 17
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries: Elevated Working Capital Needs Suggest More Share-Price Consolidation

Oct 09

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Aug 28
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Aug 13
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18

Miller Industries: The Market Is Missing This Operating Leverage Story

Jul 22

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Jun 01
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

May 07
Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18

Miller Industries Still Has Room To Ride

Feb 08

Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18

Nov 13
Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18

Miller declares $0.18 dividend

Nov 09

Miller Industries: Bulls Looking For Momentum To Continue (Technical Analysis)

Sep 13

Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Aug 11
Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Miller declares $0.18 dividend

Aug 03

Is Miller Industries A Buy Yet?

Jul 05

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

May 12
Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Palm Valley Capital Fund - Miller Industries: A Solid Balance Sheet

Apr 15

Miller Industries: The Risk To Reward Here Is Favorable

Mar 22

Miller Industries: A Move Above $34.50 Confirms The Bottom

Jan 04

Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Nov 07
Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18

Miller Industries: Close To Confirming An Intermediate Bottom

Aug 20

Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18

Aug 08
Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of US$0.18

We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

May 23
We Discuss Why Miller Industries, Inc.'s (NYSE:MLR) CEO May Deserve A Higher Pay Packet

Temporary Blip For Miller Industries: Keep Buying This Compounder

May 09

Miller reports Q1 results

May 05

Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?

Mar 29
Does Miller Industries, Inc. (NYSE:MLR) Have A Place In Your Dividend Portfolio?

Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend

Mar 07
Be Sure To Check Out Miller Industries, Inc. (NYSE:MLR) Before It Goes Ex-Dividend

Miller Industries, Inc.'s (NYSE:MLR) Stock Is Going Strong: Is the Market Following Fundamentals?

Feb 17
Miller Industries, Inc.'s (NYSE:MLR) Stock Is Going Strong: Is the Market Following Fundamentals?

Returns On Capital At Miller Industries (NYSE:MLR) Paint An Interesting Picture

Jan 27
Returns On Capital At Miller Industries (NYSE:MLR) Paint An Interesting Picture

Miller Industries: Market Leader With 60% Upside, 12.4x P/E Is A Large Discount To The Market

Jan 11

Shareholders Of Miller Industries (NYSE:MLR) Must Be Happy With Their 107% Total Return

Jan 06
Shareholders Of Miller Industries (NYSE:MLR) Must Be Happy With Their 107% Total Return

Why Miller Industries, Inc. (NYSE:MLR) Is A Dividend Rockstar

Dec 16
Why Miller Industries, Inc. (NYSE:MLR) Is A Dividend Rockstar

Should You Buy Miller Industries, Inc. (NYSE:MLR) For Its Upcoming Dividend?

Nov 29
Should You Buy Miller Industries, Inc. (NYSE:MLR) For Its Upcoming Dividend?

Miller Industries: Balance Sheet Trends Point To A Rising Share Price

Nov 18

Upcoming Dividend Payment

TodayMay 21 2024Ex Dividend DateJun 03 2024Dividend Pay DateJun 10 20247 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MLR's dividends per share have been stable in the past 10 years.

Growing Dividend: MLR's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Miller Industries Dividend Yield vs Market
How does MLR dividend yield compare to the market?
SegmentDividend Yield
Company (MLR)1.3%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Machinery)1.6%
Analyst forecast in 3 Years (MLR)n/a

Notable Dividend: MLR's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: MLR's dividend (1.27%) is low compared to the top 25% of dividend payers in the US market (4.58%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.6%), MLR's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), MLR's dividend payments are covered by cash flows.


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