Methanex Corporation – Notice of Cash Dividend
Methanex (TSX:MX) (NASDAQ:MEOH), a leading global producer and supplier of methanol, has announced a quarterly dividend of US$0.185 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.
Rhea-AI Summary
Methanex (TSX:MX) (NASDAQ:MEOH), a leading global producer and supplier of methanol, has announced a quarterly dividend of US$0.185 per share. The dividend will be payable on September 30, 2024, to shareholders of record as of September 16, 2024. This announcement demonstrates the company's commitment to returning value to shareholders through consistent dividend payments.
Methanex, based in Vancouver, Canada, is publicly traded on both the Toronto Stock Exchange (MX) and NASDAQ Global Select Market (MEOH). As one of the world's largest methanol producers, the company plays a significant role in supplying major international markets with this essential chemical.
Positive
- Consistent dividend payment of US$0.185 per share
- Maintained quarterly dividend schedule
- Strong market position as one of the world's largest methanol producers
Negative
- None.
Details
News Market Reaction – MEOH
The recorded move for MEOH in the trading session of this news was -2.11%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, British Columbia, July 18, 2024 (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
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.