Cash Dividend On The Way From Miller Industries (MLR)
By Joel Kornblau, Editor, Dividend Channel, Thursday, September 5, 2024, 9:59 AM ET
On 9/9/24, Miller Industries Inc. (MLR) will trade ex-dividend, for its quarterly dividend of $0.19, payable on 9/16/24. As a percentage of MLR's recent stock price of $58.44, this dividend works out to approximately 0.33%.
Below is a dividend history chart for MLR, showing historical dividends prior to the most recent $0.19 declared by Miller Industries Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MLR is likely to continue, and whether the current estimated yield of 1.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MLR shares, versus its 200 day moving average:
Looking at the chart above, MLR's low point in its 52 week range is $34.96 per share, with $69.75 as the 52 week high point — that compares with a last trade of $58.55.
Free Report: Top 8%+ Dividends (paid monthly)
In Thursday trading, Miller Industries Inc. shares are currently up about 0.2% on the day.
To put this move in context, compare it with the stocks featured in Dividend Growth Stocks: 25 Aristocrats.
