Methanex Corporation Declares Quarterly Cash Dividend Announcement
Overview of Methanex Corporation and Dividend Announcement
Methanex Corporation is a leading name in the global methanol industry, renowned for its position as the largest supplier of methanol worldwide. The company's headquarters are situated in Vancouver, where it continues to thrive as a publicly traded entity.
Quarterly Cash Dividend Details
Recently, Methanex's Board of Directors made a significant decision to declare a quarterly cash dividend set at US$0.185 per share for its shareholders. This dividend is a testament to the company's ongoing commitment to delivering value to its investors.
Dividend Payment Schedule
The declared dividend is scheduled to be paid on September 30 of the current financial year, and it will be issued to shareholders who are duly registered by September 16.
Methanex's Market Presence and Trading Information
Methanex Corporation trades publicly on two major exchanges: the Toronto Stock Exchange (TSX) under the symbol 'MX' and on the Nasdaq Global Select Market under the symbol 'MEOH'. This dual listing showcases its significant presence in the international markets.
Company's Mission and Operations
The mission of Methanex Corporation revolves around providing methanol to create a sustainable future and contribute to the advancement of various sectors including energy and environmental solutions. As the world's leading methanol supplier, Methanex is clearly a key player in this vital industry.
Communication and Contact Information
For any inquiries regarding the dividend or other corporate matters, Methanex encourages interested parties to reach out to their Investor Relations team. They can be contacted at 604-661-2600 or through their toll-free number 1-800-661-8851.
Understanding the Importance of Dividends
Shareholders often look forward to dividends as a sign of a company’s profitability and stability. The issuance of dividends can indicate the company’s strong financial health and commitment to returning value to its investors.
Actionable Insights for Investors
Investors considering Methanex shares as part of their portfolio should take into account not only the current dividend announcement but also the company's overall strategy and market conditions which may influence future performance. Methanex's commitment to innovation and sustainability in the methanol industry is continually worth noting.
Frequently Asked Questions
What is the amount of the dividend declared by Methanex Corporation?
The declared amount is US$0.185 per share.
When will the dividend be paid?
The dividend payment date is set for September 30, following the record date of September 16.
Where is Methanex Corporation headquartered?
Methanex is headquartered in Vancouver.
What stock symbols does Methanex use for trading?
The company trades as 'MX' on the Toronto Stock Exchange and as 'MEOH' on the Nasdaq.
How can investors contact Methanex for inquiries?
Investors can reach Methanex's Investor Relations at 604-661-2600 or 1-800-661-8851.
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