Methanex Corporation – Notice of Cash Dividend

Rhea-AI Summary

Methanex (NASDAQ:MEOH) has announced its latest quarterly dividend declaration. The Board of Directors has declared a quarterly dividend of US$0.185 per share, which will be paid on March 31, 2025, to shareholders of record as of March 17, 2025.

Methanex, based in Vancouver, holds a significant position as one of the world's largest producers and suppliers of methanol to major international markets. The company's shares are dual-listed on the Toronto Stock Exchange under the symbol 'MX' and on the NASDAQ Global Select Market under 'MEOH'.

Positive

• Consistent dividend payment maintained at US$0.185 per share
• Demonstrates financial stability and commitment to shareholder returns

Negative

• None.

News Market Reaction

+0.85%

1 alert

+0.85% News Effect

On the day this news was published, MEOH gained 0.85%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, British Columbia, Jan. 30, 2025 (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$0.185 per share. The dividend will be payable on March 31, 2025, to holders of common shares of record on March 17, 2025.

Methanex is a Vancouver-based, publicly traded company and is one of the world's largest producers and suppliers 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 Methanex's (MEOH) quarterly dividend amount for Q1 2025?

Methanex's quarterly dividend for Q1 2025 is US$0.185 per share.

When is the payment date for Methanex's (MEOH) Q1 2025 dividend?

The dividend payment date is March 31, 2025.

What is the record date for Methanex's (MEOH) March 2025 dividend?

The record date for the dividend is March 17, 2025.

What stock exchanges is Methanex (MEOH) listed on?

Methanex is listed on the Toronto Stock Exchange (MX) and the NASDAQ Global Select Market (MEOH).

What is the annual dividend yield for Methanex (MEOH) based on the quarterly payment?

Based on the quarterly dividend of US$0.185, the annual dividend payment would be US$0.74 per share, but the yield percentage depends on the current stock price.