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 Yield | 1.6% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -5.4% |
| 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 05Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend 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.