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MEOH Methanex dividend history, payout ratio & dates

Methanex's most recent quarterly dividend was on Dec 14, 2023 (ex-date) with a cash dividend payment of $0.185 per share. On an annualized basis, the company has a current payout of $0.73 per share. This brings the dividend yield to 1.65% based on its recent close price.

Key dates

  • MEOH last dividend date: Dec 14, 2023
  • MEOH next dividend date: Mar 13, 2024
MEOH dividend stats
DPS
$0.73
Dividend yield
1.65%
Payout ratio
28.4%
vs. Basic Materials sector
Dividend yield
2.03%
Payout ratio
38.2%

Dividend yield

What is Methanex current dividend yield

MEOH has a dividend yield of 1.65% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 2.03%, Methanex's dividend yield is 19% lower. The historical 5-year average of MEOH's dividend yield is 2.3%, which is more than the current one.

Dividend history

What is MEOH dividend payout history and dates

Methanex has been paying dividends since 2002. MEOH has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% for the last twelve months. And since the stock price has gone down by 16% from a year ago, the dividend yield has increased by 29%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 14, 2023 Dec 29, 2023 Nov 16, 2023 $0.185 normal
Sep 14, 2023 Sep 30, 2023 Jul 13, 2023 $0.185 normal
Jun 15, 2023 Jun 30, 2023 Apr 26, 2023 $0.185 normal
Mar 16, 2023 Mar 31, 2023 Jan 26, 2023 $0.175 normal
Dec 16, 2022 Dec 31, 2022 Nov 17, 2022 $0.175 normal
Dec 15, 2022 Dec 31, 2022 Nov 17, 2022 $0.175 normal
Sep 15, 2022 Sep 30, 2022 Jul 14, 2022 $0.175 normal
Jun 15, 2022 Jun 30, 2022 $0.145 normal
Mar 16, 2022 Mar 31, 2022 Jan 27, 2022 $0.125 normal
Dec 16, 2021 Dec 31, 2021 Nov 17, 2021 $0.125 normal
Sep 15, 2021 Sep 30, 2021 Jul 16, 2021 $0.125 normal
Jun 15, 2021 Jun 30, 2021 Apr 28, 2021 $0.038 normal
Mar 16, 2021 Mar 31, 2021 Jan 28, 2021 $0.038 normal
Dec 16, 2020 Dec 31, 2020 Nov 18, 2020 $0.038 normal
Sep 15, 2020 Sep 30, 2020 Jul 16, 2020 $0.038 normal
Jun 15, 2020 Jun 30, 2020 Apr 29, 2020 $0.038 normal
Mar 16, 2020 Mar 31, 2020 Jan 30, 2020 $0.36 normal
Dec 16, 2019 Dec 31, 2019 Nov 21, 2019 $0.36 normal
Sep 13, 2019 Sep 30, 2019 Jul 18, 2019 $0.36 normal
Jun 13, 2019 Jun 30, 2019 Apr 24, 2019 $0.36 normal
Mar 14, 2019 Mar 31, 2019 Jan 31, 2019 $0.33 normal

Methanex dividend payout ratio

What is Methanex dividend payout ratio compared to the sector

Payout ratio

MEOH has a payout ratio of 28.4% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 38.2%, Methanex's payout ratio is 26% lower.

Total amount of dividends paid per financial year (from cash flow)

MEOH dividend vs peer dividends

How does MEOH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MEOH Methanex Corp. 1.65% $0.73 28.4%
BCPC Balchem Corp 0.5% $0.79 23.4%

Frequently asked questions

Does Methanex pay a dividend?

Yes, Methanex has been paying dividends for the last 22 years.

When is Methanex's next dividend?

MEOH's next dividend is scheduled on Mar 13, 2024 (ex-date).

When was MEOH's last dividend?

Methanex's last dividend ex-date was on Dec 14, 2023. The dividend amount was $0.185 per share.

How much dividend does Methanex pay (per share)?

MEOH's annualized dividend per share is $0.73.

What is Methanex's dividend yield?

Currently Methanex's dividend yield is 1.65%.

How often does Methanex pay dividends?

Methanex has a quarterly dividend frequency.

What is Methanex's dividend payout ratio?

Methanex's dividend payout ratio is 28.4%.

Does Methanex pay a good dividend?

Methanex's dividend yield is less than the Basic Materials sector average.