Methanex Dividends and Buybacks
Dividend criteria checks 3/6
Methanex is a dividend paying company with a current yield of 1.5% that is well covered by earnings. Last payment was on 31st December, 2024 with an ex-dividend date of 17th December, 2024.
Key information
1.5%
Dividend yield
-0.009%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | -5.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 17 Dec 24 |
| Dividend per share | US$0.740 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Methanex: Becoming A Methanol Giant
Sep 10Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive Outlook
Feb 06Methanex: Ignore The Short-Term Noise, Grab A Long-Term Bargain
Oct 03Methanex says CEO John Floren to retire, announces NCIB to buy back stock
Sep 15Methanex: Premier Methanol Producer But Commodity Pricing On The Downswing
Jul 27Methanex raises dividend by 21% to $0.175
Jul 14Earth Focused Investments 3: Methanex Is A Volatile Take On Alternative Fuels
Mar 30Methanex: A New Era Of Higher Shareholder Returns, Potential Near 16% Yield
Jan 31Methanex: An Exciting 10% Yield May Follow As Soon As Early 2022
Nov 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEOH's dividend payments have been volatile in the past 10 years.
Growing Dividend: MEOH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Methanex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEOH) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast (MEOH) (up to 3 years) | 1.5% |
Notable Dividend: MEOH's dividend (1.5%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MEOH's dividend (1.5%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), MEOH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), MEOH's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:13 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Methanex Corporation is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Alembic Global Advisors |
| Michael Leithead | Barclays |
| Joel Jackson | BMO Capital Markets Equity Research |