Methanex Corporation ( MEOH ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.25 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased MEOH stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the prior quarter. At the current stock price of $59.61, the dividend yield is 1.68%.
The previous trading day's last sale of MEOH was $59.61, representing a -18.82% decrease from the 52 week high of $73.43 and a 48.51% increase over the 52 week low of $40.14.
MEOH is a part of the Basic Industries sector, which includes companies such as Dow Chemical Company ( DOW ) and E.I. du Pont de Nemours and Company ( DD ). MEOH's current earnings per share, an indicator of a company's profitability, is $4.28. Zacks Investment Research reports MEOH's forecasted earnings growth in 2014 as 43.39%, compared to an industry average of 7.9%.
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