Methanex Corporation (NASDAQ:MEOH) will begin trading ex-dividend on September 15, 2020. The quarterly dividend payment of $ 0.0375 per share is scheduled to be paid on September 30, 2020. The dividend yield based on the latest trading day closing price was 0.66 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Methanex Corporation recently reported first quarter financial results on May 5, 2020, after market close, the Vancouver based company came out with income for the first quarter of $ 0.10 per share, from the revenue of $ 676.00 million. The quarterly earnings developed 7.32 percent compared with the same quarter last year. The consensus estimates are income of $ 0.05 per share from $ 716.15 million in revenue. The bottom line results beat street analysts by $ 0.05 or 100.00 percent, at the same time, top line results fell short of analysts by $ 40.15 million or 5.61 percent.
Stock Performance
Shares of Methanex Corporation traded up $ 0.22 or 0.97 percent on Thursday, reaching $ 22.79 with volume of 260.10 thousand shares. Methanex Corporation has traded high as $ 23.10 and has cracked $ 22.34 on the downward trend
According to the previous trading day, closing price of $ 22.79, representing a 150.78 % increase from the 52 week low of $ 9.00 and a 46.5 % decrease over the 52 week high of $ 42.19.
The company has a market capital of $ 1.74 billion and is part of the Basic Materials sector and Chemicals industry.
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.
