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Bullboard - Stock Discussion Forum
Methanex Corp
T.MX
Alternate Symbol(s):
MEOH
Chemicals
Basic Materials
Methanex Corporation is a producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1...
, Motunui 2 and Waitara Valley. Its Trinidad production site supplies methanol to all methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. It also has interest in two methanol facilities in Beaumont, Texas, one of which also produces ammonia and methanol facility in Delfzijl, Netherlands.
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TSX:MX - Post Discussion
Methanex Corp
> Methanex Corporation Announces a 16% Dividend Increase
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•••
Betteryear2
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Post by
Betteryear2
on Apr 27, 2022 6:26pm
Methanex Corporation Announces a 16% Dividend Increase
VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a 16% increase in its quarterly dividend to US$0.145 per share from US$0.125 per share. The increased dividend will apply to the dividend payable on June 30, 2022 to holders of common shares of record on June 16, 2022.
Methanex Corporation Announces a 16% Dividend Increase
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•••
jcjohn36
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Comment by
jcjohn36
on Apr 28, 2022 2:05pm
With all the good news I'd have expected the stock to do better - unfortunately lots of news in media regarding potential recession and downturn in commodities I'm sure weighing on the stock.
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