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Methanex Corporation – Notice of Cash Dividend

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dividends

Rhea-AI Summary

Methanex Corporation (NASDAQ: MEOH) has declared a quarterly dividend of US$0.175 per share, payable on December 31, 2022. Shareholders of record as of December 17, 2022 will receive this dividend. Methanex, based in Vancouver, is the world's largest producer of methanol, serving major international markets. The company trades under the ticker symbol MEOH on NASDAQ and MX on the TSX.

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Positive

  • Quarterly dividend of US$0.175 indicates strong cash flow and shareholder return.

Negative

  • None.

News Market Reaction – MEOH

-0.83%
-0.83% Session move

In the trading session that priced this news, MEOH declined 0.83%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VANCOUVER, British Columbia, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.175 per share. The dividend will be payable on December 31, 2022, to holders of common shares of record on December 17, 2022.

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 Methanex dividend amount for December 2022?

The dividend amount is US$0.175 per share.

When will Methanex pay the dividend?

The dividend will be payable on December 31, 2022.

What is the record date for Methanex's dividend?

The record date for the dividend is December 17, 2022.

How often does Methanex pay dividends?

Methanex pays dividends quarterly.