Methanex Dividend
Dividend criteria checks 2/6
Methanex is a dividend paying company with a current yield of 1.47% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
1.5%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.48 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Methanex: 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 05Methanex: Dividends Surging Back As Expected With Plenty More To Follow
Aug 01Methanex gains on plans to restructure Trinidad operations
Jan 07Methanex hikes North American January methanol to two-year high
Dec 21Methanex declares $0.0375 dividend
Nov 18Upcoming 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) | 1.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (MEOH) | 1.5% |
Notable Dividend: MEOH's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: MEOH's dividend (1.47%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), MEOH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), MEOH's dividend payments are well covered by cash flows.