Methanex (MEOH) Raises Quarterly Dividend 9.1% to $0.36; 2.5% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
UPDATE: Methanex (MEOH) Misses Q1 EPS by 15c, Revenues Miss; Board Approves 9% Quarterly Dividend Increase to $0.36 (from $0.33)
April 24, 2019 5:16 PM EDT(Updated - April 24, 2019 5:19 PM EDT)
Methanex (NASDAQ: MEOH) reported Q1 EPS of $0.73, $0.15 worse than the analyst estimate of $0.88. Revenue for the quarter came in at $733 million versus the consensus estimate of $795.57 million.
John Floren, President and CEO of Methanex, commented, "The lower Adjusted EBITDA and earnings in the first quarter primarily reflects lower average realized prices compared to the last quarter which was partially offset by higher sales of Methanex-produced methanol. In addition, in a declining price... More
