Methanex Corporation (NASDAQ:MEOH) Updates On Quarterly Dividend


As per Methanex Corporation (NASDAQ:MEOH) statement on 2016-07-15, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.275 per share as dividend to stakeholders. The record date is set as 2016-09-16, the payout date as 2016-09-30 and the ex-dividend date is 2016-09-14.

Last fiscal Methanex Corporation (NASDAQ:MEOH) disbursed cash dividend of $0.275. A year ago, the payout was $0.275, which indicates a difference of 13.1821%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.275, implying 11.6405% growth.

For the period ended on 2015-12-31, Methanex Corporation (NASDAQ:MEOH)’s earnings came at $-0.26 per share compared to EPS of $0.54 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $-0.18 per share.

The interim price target for Methanex Corporation (NASDAQ:MEOH) is set at $38.083. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Methanex Corporation (NASDAQ:MEOH) is seen at $41.5 and the lowest level is established at $34. This broad range highlights a standard deviation of $3.2 in reported estimates.

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