Free Trial

Methanex (MX) Dividend Yield, Date & History

Methanex logo
C$66.63 +0.54 (+0.82%)
(As of 12/20/2024 05:17 PM ET)

Methanex Dividend Summary

Dividend Yield
1.50%
Annual Dividend
C$1.00
Recent
Dividend Payment
Sep. 30
Dividend Payout Ratio
34.36%

Methanex (MX) pays an annual dividend of C$1.00 per share, with a dividend yield of 1.50%. The next payment of C$0.25 per share was paid on Monday, September 30, to investors who owned the stock before the ex-dividend date of Monday, September 16. The company currently pays out 34.36% of its earnings and 5.47% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

MX Dividend Payments by Quarter

The chart below displays up to four years of Methanex's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MX Dividend Yield Over Time

The chart below tracks Methanex's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Methanex vs. The Competition

Compare Methanex's annual dividend, yield, and 3-year growth rate with averages for Materials and TSE companies to evaluate its performance against the market.

TypeMethanexMaterials CompaniesTSE Companies
Annual DividendC$1.00C$0.17C$1.07
Dividend Yield1.50%5.15%5.42%

Methanex Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings34.36%
Based on This Year's Estimate16.81%
Based on Cashflow5.47%

Methanex Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
7/18/2024Quarterly$0.2530+$0.0030
1.20%
1.49%9/16/20249/16/20249/30/2024
4/24/2024Quarterly$0.25+$0.0050
2.04%
1.53%6/14/20246/14/20246/28/2024
2/1/2024Quarterly$0.2450-$0.0120
4.67%
1.58%3/13/20243/14/20243/28/2024
11/16/2023Quarterly$0.2570+$0.0120
4.90%
1.71%12/14/202312/15/202312/29/2023
7/13/2023Quarterly$0.2450-$0.0050
2.00%
1.74%9/14/20239/16/20239/30/2023
4/26/2023Quarterly$0.25+$0.0120
5.04%
1.67%6/15/20236/16/20236/30/2023
1/26/2023Quarterly$0.2380 - 1.54%3/16/20233/17/20233/31/2023

This table shows Methanex's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Methanex Dividend - Frequently Asked Questions

The current dividend yield for Methanex is 1.50%. Learn more on MX's dividend yield history.

The annual dividend for MX shares is C$1.00. Learn more on MX's annual dividend history.

Methanex pays quarterly dividends to shareholders.

Methanex's most recent quarterly dividend payment of C$0.25 per share was made to shareholders on Monday, September 30, 2024.

Methanex's most recent ex-dividend date was Monday, September 16, 2024.

The most recent change in the company's dividend was an increase of C$0.00 on Thursday, July 18, 2024.

The dividend payout ratio for MX is:
  • 34.36% based on the trailing year of earnings
  • 16.81% based on this year's estimates
  • 5.47% based on cash flow

Methanex's dividend yield of 1.64% is lower than the average Basic Materials company that issues a dividend. Methanex's dividend payout ratio of 34.36% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Methanex stock as a Strong Buy, forecasting significant upside potential and strong investment returns.


This page (TSE:MX) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners