Dividend Growth of Methanex Corporation(MEOH)

Methanex Corporation(MEOH) is having a Dividend Yield of 2.22% with the Annual cash Dividend per share of $1.1. The last quarter cash dividend per share pay out was $0.28. Methanex Corporation has a 5 year average dividend yield of 2.27% and the stock has a Indicated annual dividend of $1.1. Methanex Corporation(MEOH) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.28. The new indicated annual dividend based on announced dividend per share is $1.1. The dividend yield based on the forward looking indicated annual dividend is 2.22%. The 5 year historical dividend growth of Methanex Corporation(MEOH) is at the rate of 12.18% while the R-Squared dividend growth is 0.9. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Methanex Corporation (NASDAQ:MEOH) witnessed a decline in the market cap on Thursday as its shares dropped 0.96% or 0.475 points. After the session commenced at $49.65, the stock reached the higher end at $50.2 while it hit a low of $49. With the volume soaring to 596,655 shares, the last trade was called at $49.125. The company has a 52-week high of $51.6. The company has a market cap of $4,421 million and there are 90,000,000 shares in outstanding. The 52-week low of the share price is $26.32. Shares of Methanex Corporation rose by 0.87% in the last five trading days and 10.39% for the last 4 weeks. Methanex Corporation is up 27.54% in the last 3-month period. Year-to-Date the stock performance stands at 12.16%.

Currently the company Insiders own 1% of Methanex Corporation shares according to the proxy statements. Institutional Investors own 86.42% of Methanex Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Cowen on Jan 30, 2017 to Outperform, Raises Price Target to $ 57 from a previous price target of $51 .Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Sector Perform, Raises Price Target to $ 57 from a previous price target of $42 .Company shares were Reiterated by Cowen on Dec 28, 2016 to Outperform, Raises Price Target to $ 51 from a previous price target of $48 .Company shares were Reiterated by Cowen on Nov 30, 2016 to Outperform, Raises Price Target to $ 48 from a previous price target of $40 .

Methanex Corporation (USA) Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.26. Analyst had a consensus of $0.20. The company had revenue of $585.00 million for the quarter, compared to analysts expectations of $606.27 million. The companys revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.

Methanex Corp. is a Vancouver based company engaged in the worldwide production and marketing of methanol. Methanol, made from natural gas, is a basic chemical building block used to manufacture products such as formaldehyde, MTBE, acetic acid and others. The Company operates production facilities in Canada, the United States, New Zealand and Chile. The Company also markets additional methanol from plants in the US, Trinidad and Europe.


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