Methanex Corporation Announces a 16% Dividend Increase
Rhea-AI Summary
Methanex Corporation has announced a 16% increase in its quarterly dividend, raising it from US$0.125 to US$0.145 per share. This increase is effective for the dividend payable on June 30, 2022, to shareholders on record as of June 16, 2022. Methanex, headquartered in Vancouver, is the world's largest producer and supplier of methanol, listed under the symbols MX and MEOH on the Toronto Stock Exchange and NASDAQ, respectively.
Positive
- Quarterly dividend increased by 16% to US$0.145 per share, enhancing shareholder income.
Negative
- None.
News Market Reaction
On the day this news was published, MEOH gained 3.72%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a
Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the NASDAQ Global Select Market in the United States under the trading symbol "MEOH". Methanex can be visited online at www.methanex.com.
Inquiries:
Sarah Herriott
Director, Investor Relations
Methanex Corporation
604-661-2600 or Toll Free: 1-800-661-8851
www.methanex.com
FAQ
What is the new dividend amount for Methanex (MEOH)?
When will the new dividend be paid by Methanex?
What is the record date for Methanex's dividend?
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