Methanex Co. (TSE:MX) Declares Quarterly Dividend of $0.25

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Methanex Co. (TSE:MX - Get Free Report) NASDAQ: MEOH declared a quarterly dividend on Wednesday, April 24th, Zacks reports. Stockholders of record on Friday, June 14th will be given a dividend of 0.25 per share on Friday, June 28th. This represents a $1.00 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Friday, June 14th. This is a boost from Methanex's previous quarterly dividend of $0.25.

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Methanex Stock Performance

Shares of MX traded up C$0.72 during trading hours on Friday, reaching C$65.96. 144,712 shares of the company traded hands, compared to its average volume of 97,754. Methanex has a 1-year low of C$50.57 and a 1-year high of C$69.85. The stock has a market cap of C$4.45 billion, a P/E ratio of 18.85, a price-to-earnings-growth ratio of 0.44 and a beta of 1.94. The stock's fifty day moving average is C$61.90 and its 200 day moving average is C$60.63. The company has a debt-to-equity ratio of 138.70, a quick ratio of 1.59 and a current ratio of 1.14.

Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last issued its earnings results on Wednesday, April 24th. The company reported C$0.88 EPS for the quarter, beating analysts' consensus estimates of C$0.40 by C$0.48. Methanex had a return on equity of 12.35% and a net margin of 4.68%. The business had revenue of C$1.23 billion during the quarter, compared to analyst estimates of C$1.23 billion. Equities research analysts anticipate that Methanex will post 3.3199412 earnings per share for the current fiscal year.

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Methanex Company Profile

(Get Free Report)

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities.

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