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Methanex Corporation – Notice of Cash Dividend

Methanex Corporation has announced a quarterly dividend of US$0.175 per share.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Methanex Corporation has announced a quarterly dividend of US$0.175 per share. The dividend is scheduled for payment on March 31, 2023, to shareholders on record as of March 17, 2023. As the world's largest producer and supplier of methanol, Methanex operates major markets and is notable for its strong financial position.

The company's shares trade on both the TSX under the symbol 'MX' and on the NASDAQ as 'MEOH'. For further details, investors can visit Methanex's website.

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Positive

  • Quarterly dividend of US$0.175 per share indicates company confidence.
  • Stable dividend payment demonstrates commitment to shareholder income.

Negative

  • None.
Argus Session date unavailable
+2.05% session move Open Argus
Details

News Market Reaction – MEOH

The recorded move for MEOH in the trading session of this news was +2.05%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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VANCOUVER, British Columbia, Jan. 26, 2023 (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 March 31, 2023, to holders of common shares of record on March 17, 2023.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Methanex in January 2023?

Methanex declared a quarterly dividend of US$0.175 per share.

When will Methanex pay its quarterly dividend?

The dividend will be payable on March 31, 2023.

What is the record date for the Methanex dividend?

The record date for the dividend is March 17, 2023.

On which stock exchanges is Methanex listed?

Methanex is listed on the TSX under 'MX' and on NASDAQ under 'MEOH'.

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