MEOH Methanex dividend history, payout ratio & dates
Methanex's most recent dividend was on Sep 16, 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 1.63% based on its recent close price.
Key dates
- MEOH last dividend date: Sep 16, 2024
MEOH dividend stats
vs. Basic Materials sector
Dividend yield
MEOH has a dividend yield of 1.63% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 2.05%, Methanex's dividend yield is 20% lower. The historical 5-year average of MEOH's dividend yield is 2.2%, which is more than the current one.
Dividend history
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 2.8% for the last twelve months. But since the stock price has gone up by 3.6% from a year ago, the dividend yield has decreased by 0.7%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $0.185 | 1.92% |
| Jun 14, 2024 | $0.185 | 1.54% |
| Mar 13, 2024 | $0.185 | 1.72% |
| Dec 14, 2023 | $0.185 | 1.6% |
| Sep 14, 2023 | $0.185 | 1.74% |
| Jun 15, 2023 | $0.185 | 1.67% |
| Mar 16, 2023 | $0.175 | 1.49% |
| Dec 15, 2022 | $0.175 | 1.68% |
| Sep 15, 2022 | $0.175 | 1.67% |
| Jun 15, 2022 | $0.145 | 1.16% |
| Mar 16, 2022 | $0.125 | 0.83% |
| Dec 16, 2021 | $0.125 | 0.8% |
| Sep 15, 2021 | $0.125 | 0.58% |
| Jun 15, 2021 | $0.038 | 0.41% |
| Mar 16, 2021 | $0.038 | 0.37% |
| Dec 16, 2020 | $0.038 | 1.09% |
| Sep 15, 2020 | $0.038 | 3.43% |
| Jun 15, 2020 | $0.038 | 5.48% |
| Mar 16, 2020 | $0.36 | 11.37% |
| Dec 16, 2019 | $0.36 | 3.7% |
| Sep 13, 2019 | $0.36 | 3.81% |
| Jun 13, 2019 | $0.36 | 2.98% |
| Mar 14, 2019 | $0.33 | 2.34% |
| Dec 14, 2018 | $0.33 | 2.57% |
| Sep 13, 2018 | $0.33 | 1.71% |
| Jun 14, 2018 | $0.33 | 1.84% |
| Mar 15, 2018 | $0.33 | 2.21% |
| Dec 14, 2017 | $0.3 | 2.05% |
| Sep 14, 2017 | $0.3 | 2.23% |
| Jun 14, 2017 | $0.3 | 2.75% |
| Mar 15, 2017 | $0.275 | 2.31% |
| Dec 14, 2016 | $0.275 | 2.47% |
| Sep 14, 2016 | $0.275 | 3.76% |
| Jun 14, 2016 | $0.275 | 3.58% |
| Mar 15, 2016 | $0.275 | 3.24% |
| Dec 15, 2015 | $0.275 | 3.32% |
| Sep 14, 2015 | $0.275 | 2.9% |
| Jun 12, 2015 | $0.275 | 1.87% |
| Mar 13, 2015 | $0.25 | 1.93% |
Methanex dividend payout ratio
Payout ratio
MEOH has a payout ratio of 32.7% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 41.8%, Methanex's payout ratio is 22% lower.
Total amount of dividends paid per financial year (from cash flow)
MEOH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BP BP plc | 6.21% | $1.83 | 179.6% |
| SCL Stepan Co | 1.97% | $1.5 | 74.6% |
| MEOH Methanex Corp. | 1.63% | $0.74 | 32.7% |
| BCPC Balchem Corp | 0.44% | $0.79 | 21% |
Frequently asked questions
Does Methanex pay a dividend?
Yes, Methanex has been paying dividends for the last 22 years.
When was MEOH's last dividend?
Methanex's last dividend ex-date was on Sep 16, 2024. The dividend amount was $0.185 per share.
How much dividend does Methanex pay (per share)?
MEOH's annualized dividend per share is $0.74.
What is Methanex's dividend yield?
Currently Methanex's dividend yield is 1.63%.
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 32.7%.
Does Methanex pay a good dividend?
Methanex's dividend yield is less than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.