Ex-Div Reminder for Methanex (MX)

On 9/12/14, Methanex Corp (TSX: MX.TO) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 9/30/14. As a percentage of MX's recent stock price of $75.35, this dividend works out to approximately 0.33%.

Below is a dividend history chart for MX, showing historical dividends prior to the most recent $0.25 declared by Methanex Corp:

MX+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MX is likely to continue, and whether the current estimated yield of 1.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MX shares, versus its 200 day moving average:

Methanex Corp 200 Day Moving Average Chart

Looking at the chart above, MX's low point in its 52 week range is $50.60 per share, with $81.24 as the 52 week high point — that compares with a last trade of $75.32.

In Wednesday trading, Methanex Corp shares are currently trading flat on the day.

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