UPDATE: Methanex (MEOH) Misses Q1 EPS by 15c, Revenues Miss; Board Approves 9% Quarterly Dividend Increase to $0.36 (from $0.33)

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Go back to UPDATE: Methanex (MEOH) Misses Q1 EPS by 15c, Revenues Miss; Board Approves 9% Quarterly Dividend Increase to $0.36 (from $0.33)

Methanex (MEOH) Raises Quarterly Dividend 9.1% to $0.36; 2.5% Yield

April 24, 2019 5:21 PM EDT

Methanex (NASDAQ: MEOH) declared a quarterly dividend of $0.36 per share, or $1.44 annualized. This is a 9.1% increase from the prior dividend of $0.33.

The dividend will be payable on June 30, 2019, to stockholders of record on June 16, 2019, with an ex-dividend date of June 13, 2019.

The annual yield on the dividend is 2.5 percent.

John Floren, President and CEO of Methanex, commented, In the quarter, we... More