Methanex Corporation (NASDAQ:MEOH) declared quarterly dividend of $ 0.0375 per share, or $ 0.15 annualized.
The dividend will be payable on September 30, 2020, to stockholders of record on September 16, 2020, with an ex-dividend date of September 15, 2020.
Dividends History
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Recent Earnings Announcement
Methanex Corporation posted income for the first quarter of $ 0.10 per share, from the revenue of $ 676.00 million. 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
According to the previous trading day, closing price of MEOH was $ 20.53, representing a 128.11 % increase from the 52 week low of $ 9.00 and a 52.62 % decrease over the 52 week high of $ 43.33.
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The company has a market capital of $ 1.55 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.
