Methanex Corporation Announces a 20% Dividend Increase
July 14 2022 - 5:20PM
Methanex Corporation (the “Company” or “Methanex”) (TSX:MX)
(NASDAQ:MEOH) announced today that its Board of Directors has
approved a 20% increase in its quarterly dividend to US$0.175 per
share from US$0.145 per share. The increased dividend will apply to
the dividend payable on September 30, 2022, to holders of common
shares of record on September 16, 2022.
John Floren, President & CEO of Methanex,
said, “The 20% dividend increase reinforces our commitment to
return cash to shareholders and highlights the strong cash flow
generation capability of our assets.”
Methanex is a Vancouver-based, publicly traded
company and is the world's largest producer and supplier of
methanol to major international markets. Methanex shares are listed
for trading on the Toronto Stock Exchange in Canada under the
trading symbol "MX" and on the NASDAQ Global Select Market in the
United States under the trading symbol "MEOH". Methanex can be
visited online at www.methanex.com.
Inquiries:Sarah
HerriottDirector, Investor RelationsMethanex
Corporation604-661-2600 or Toll Free:
1-800-661-8851www.methanex.com
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