Methanex's most recent quarterly dividend was on Mar 13, 2024 (ex-date) with a cash dividend payment of $0.185 per share. On an annualized basis, the company has a current payout of $0.74 per share. This brings the dividend yield to 1.53% based on its recent close price.
MEOH has a dividend yield of 1.53% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 1.98%, Methanex's dividend yield is 23% lower. The historical 5-year average of MEOH's dividend yield is 2.2%, which is more than the current one.
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 6% for the last twelve months. But since the stock price has gone up by 6% from a year ago, the dividend yield has decreased by 0.8%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 13, 2024 | Mar 28, 2024 | Feb 1, 2024 | $0.185 | normal |
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 |
MEOH has a payout ratio of 29.8% which is lower than the Basic Materials sector and the industry average. But if we consider the Basic Materials sector average of 30.8%, Methanex's payout ratio is only 3.2% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MEOH Methanex Corp. | 1.53% | $0.74 | 29.8% |
BCPC Balchem Corp | 0.55% | $0.79 | 23.4% |
Yes, Methanex has been paying dividends for the last 22 years.
MEOH's next dividend is scheduled on Jun 14, 2024 (ex-date).
Methanex's last dividend ex-date was on Mar 13, 2024. The dividend amount was $0.185 per share.
MEOH's annualized dividend per share is $0.74.
Currently Methanex's dividend yield is 1.53%.
Methanex has a quarterly dividend frequency.
Methanex's dividend payout ratio is 29.8%.
Methanex's dividend yield is less than the Basic Materials sector average.