Methanex Corporation (NASDAQ:MEOH) Updates On Dividend Release Date


On 2016-07-15, Methanex Corporation (NASDAQ:MEOH) confirmed the dividend disbursement of $0.275 a share to shareholders as on record 2016-09-16. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-14.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Methanex Corporation (NASDAQ:MEOH) paid a total of $0.275 per share in dividends. This figure stood at $0.275 a share in the same period a year ago indicating a deviation of 13.1821%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $38.083 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $41.5 and $34, respectively.

Taking the mathematical rating formula, the price for Methanex Corporation (NASDAQ:MEOH) stands at 1. Earnings Review Methanex Corporation (NASDAQ:MEOH) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $-0.18.

Coming to the quarter ending on 2015-12-31, Methanex Corporation (NASDAQ:MEOH) recorded EPS of $-0.26. The reported numbers came lower than the analysts’ estimates of $-0.27, demonstrating a miss of $0.01 as against reported figures.

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