Methanex Corporation

NasdaqGS:MEOH Stock Report

Market Cap: US$3.2b

Methanex Dividends and Buybacks

Dividend criteria checks 3/6

Methanex is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 17th December, 2024.

Key information

1.6%

Dividend yield

-0.009%

Buyback Yield

Total Shareholder Yield1.6%
Future Dividend Yield1.6%
Dividend Growth-5.4%
Next dividend pay date31 Dec 24
Ex dividend date17 Dec 24
Dividend per shareUS$0.740
Payout ratio33%

Recent dividend and buyback updates

Recent updates

Methanex: Becoming A Methanol Giant

Sep 10

Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive Outlook

Feb 06

Methanex: Ignore The Short-Term Noise, Grab A Long-Term Bargain

Oct 03

Methanex says CEO John Floren to retire, announces NCIB to buy back stock

Sep 15

Methanex: Premier Methanol Producer But Commodity Pricing On The Downswing

Jul 27

Methanex raises dividend by 21% to $0.175

Jul 14

Earth Focused Investments 3: Methanex Is A Volatile Take On Alternative Fuels

Mar 30

Methanex: A New Era Of Higher Shareholder Returns, Potential Near 16% Yield

Jan 31

Methanex: An Exciting 10% Yield May Follow As Soon As Early 2022

Nov 05

Upcoming Dividend Payment

TodayDec 07 2024Ex Dividend DateDec 17 2024Dividend Pay DateDec 31 202414 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Stability 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
How does MEOH dividend yield compare to the market?
SegmentDividend Yield
Company (MEOH)1.6%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Chemicals)2.0%
Analyst forecast (MEOH) (up to 3 years)1.6%

Notable Dividend: MEOH's dividend (1.56%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: MEOH's dividend (1.56%) is low compared to the top 25% of dividend payers in the US market (4.27%).


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.


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