Methanex Corporation (USA)(NASDAQ:MEOH) Declares Dividend of $0.2750.

Methanex Corporation (USA) (NASDAQ:MEOH) had declared a cash dividend of $0.2750 on Nov 17, 2016. The shares will quote ex-dividend on Dec 15, 2016 and the record date has been fixed for Dec 17, 2016. On Nov 17, 2016 share price, the yield comes out to be 2.9139%. The dividend payable date has been fixed on Dec 31, 2016.

Methanex Corporation (USA) (MEOH) made into the market gainers list on Mondays trading session with the shares advancing 0.53% or 0.2 points. Due to strong positive momentum, the stock ended at $37.95, which is also near the day’s high of $38. The stock began the session at $37.65 and the volume stood at 4,55,687 shares. The 52-week high of the shares is $41.49 and the 52 week low is $22.73. The company has a current market capitalization of $3,408 M and it has 8,98,14,688 shares in outstanding.

Methanex Corporation (USA)(MEOH) last announced its earnings results on Oct 26, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $537.00M. Analysts had an estimated revenue of $492.41M. Earnings per share were $-0.01. The reported EPS was above estimates by $0.16 or 94.12%. Analysts had estimated an EPS of $-0.17.

Methanex Corporation is a Canada-based producer and supplier of methanol to international markets in Asia Pacific North America Europe and South America. The Company operates three production facilities in New Zealand which supply methanol primarily to customers in Asia Pacific. Its two plants in Trinidad Titan and Atlas supply methanol markets in North America Europe Asia Pacific and South America. Its Geismar 1 facility in Louisiana supplies to customers in the United States. The Company through a joint venture facility in Egypt located on the Mediterranean Sea supplies methanol markets in Europe and Asia Pacific. Its plant in Medicine Hat Alberta supplies methanol to customers in North America. The Punta Arenas production complex in southern Chile supplies to customers in South America.

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