Methanex Corporation Declares Quarterly Cash Dividend
Methanex Corporation Declares Quarterly Cash Dividend
VANCOUVER, British Columbia – Methanex Corporation, a leading player in the global methanol industry, has announced a significant corporate move. The company declared a quarterly dividend of US$0.185 per share as part of its commitment to providing value to its shareholders.
Details of the Dividend Announcement
The dividend will be payable on March 31 to shareholders on record as of March 17. This announcement reflects Methanex's ongoing strategy to return a portion of its earnings to investors, underpinning its financial strength and solid performance in the methanol sector.
About Methanex Corporation
Based in Vancouver, Methanex Corporation is recognized as one of the largest methanol producers globally. With listings on both the Toronto Stock Exchange (TSX: MX) and NASDAQ (MEOH), the company has established a strong presence in international markets. Methanol, produced by Methanex, serves as a critical input for various industries, ranging from automotive fuel to chemical manufacturing.
Significance of Methanol Production
As the demand for clean energy sources increases, methanol is gaining attention due to its versatility and lower environmental impact compared to traditional fuels. Methanex is at the forefront of this transition, leveraging its technology and production capabilities to meet the evolving needs of its customers.
Shareholder Engagement and Future Plans
Methanex prioritizes engagement with its shareholders. The recent dividend declaration is just one aspect of the company's efforts to enhance shareholder value continually. Methanex is committed to sustainable growth, exploring ways to optimize production while reducing costs.
Contact Information for Investors
For those interested in learning more about Methanex or the recent dividend announcement, inquiries can be directed to Sarah Herriott, Director of Investor Relations, at 604-661-2600 or toll-free at 1-800-661-8851. More information is also available directly through their official website.
Frequently Asked Questions
What is the dividend amount announced by Methanex Corporation?
The board of Methanex Corporation has declared a quarterly dividend of US$0.185 per share.
When will the dividend be payable?
The declared dividend will be payable on March 31 to shareholders of record on March 17.
Where is Methanex Corporation headquartered?
Methanex Corporation is headquartered in Vancouver, British Columbia.
On which stock exchanges is Methanex listed?
Methanex shares are listed on the Toronto Stock Exchange under the symbol MX and NASDAQ under MEOH.
How can I contact Methanex for more information?
For inquiries, contact Sarah Herriott at 604-661-2600 or toll-free at 1-800-661-8851.
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