Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. The company was incorporated in 1990 and is based in Ooltewah, Tennessee.
Miller Industries Dividend Announcement
• Miller Industries announced a quarterly dividend of $0.19 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-12-02
• Miller Industries annual dividend for 2024 was $0.76
• Miller Industries annual dividend for 2023 was $0.72
• Miller Industries's trailing twelve-month (TTM) dividend yield is 1.06%
• Miller Industries's payout ratio for the trailing twelve months (TTM) is 12.37%
• Miller Industries's dividend growth over the last ten years (2013-2023) was 2.54% year
Miller Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.19 | quarterly | 2024-12-09 |
2024-09-09 | $0.19 | quarterly | 2024-12-09 |
2024-06-03 | $0.19 | quarterly | 2024-06-10 |
2024-03-15 | $0.19 | quarterly | 2024-03-25 |
2023-12-01 | $0.18 | quarterly | 2023-12-11 |
2023-08-31 | $0.18 | quarterly | 2023-09-11 |
2023-06-02 | $0.18 | quarterly | 2023-06-12 |
2023-03-17 | $0.18 | quarterly | 2023-03-27 |
2022-12-02 | $0.18 | quarterly | 2022-12-12 |
2022-09-01 | $0.18 | quarterly | 2022-09-12 |
2022-06-03 | $0.18 | quarterly | 2022-06-13 |
2022-03-18 | $0.18 | quarterly | 2022-03-28 |
2021-12-03 | $0.18 | quarterly | 2021-12-13 |
2021-09-02 | $0.18 | quarterly | 2021-09-13 |
2021-06-04 | $0.18 | quarterly | 2021-06-14 |
2021-03-12 | $0.18 | quarterly | 2021-03-22 |
2020-12-04 | $0.18 | quarterly | 2020-12-14 |
2020-09-03 | $0.18 | quarterly | 2020-09-14 |
2020-06-05 | $0.18 | quarterly | 2020-06-15 |
2020-03-13 | $0.18 | quarterly | 2020-03-23 |
2019-12-06 | $0.18 | quarterly | 2019-12-16 |
2019-09-06 | $0.18 | quarterly | 2019-09-16 |
2019-06-07 | $0.18 | quarterly | 2019-06-17 |
2019-03-15 | $0.18 | quarterly | 2019-03-25 |
2018-11-30 | $0.18 | quarterly | 2018-12-10 |
2018-09-07 | $0.18 | quarterly | 2018-09-17 |
2018-06-08 | $0.18 | quarterly | 2018-06-18 |
2018-03-16 | $0.18 | quarterly | 2018-03-26 |
2017-12-01 | $0.18 | quarterly | 2017-12-11 |
2017-09-08 | $0.18 | quarterly | 2017-09-18 |
2017-06-09 | $0.18 | quarterly | 2017-06-20 |
2017-03-23 | $0.18 | quarterly | 2017-04-03 |
2016-12-01 | $0.17 | quarterly | 2016-12-12 |
2016-09-08 | $0.17 | quarterly | 2016-09-19 |
2016-06-09 | $0.17 | quarterly | 2016-06-20 |
2016-03-17 | $0.17 | quarterly | 2016-03-28 |
2015-12-03 | $0.16 | quarterly | 2015-12-14 |
2015-09-10 | $0.16 | quarterly | 2015-09-21 |
2015-06-11 | $0.16 | quarterly | 2015-06-22 |
2015-03-12 | $0.16 | quarterly | 2015-03-23 |
2014-12-04 | $0.15 | quarterly | 2014-12-15 |
2014-09-11 | $0.15 | quarterly | 2014-09-22 |
2014-06-12 | $0.15 | quarterly | 2014-06-23 |
2014-03-13 | $0.15 | quarterly | 2014-03-24 |
2013-12-05 | $0.14 | quarterly | 2013-12-16 |
2013-09-12 | $0.14 | quarterly | 2013-09-23 |
2013-06-13 | $0.14 | quarterly | 2013-06-24 |
2013-03-14 | $0.14 | quarterly | 2013-03-25 |
Miller Industries Dividend per year
Miller Industries Dividend growth
Miller Industries Dividend Yield
Miller Industries current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Miller Industries stock? Use our calculator to estimate your expected dividend yield:
Miller Industries Financial Ratios
Miller Industries Dividend FAQ
Other factors to consider when evaluating Miller Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Miller Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Miller Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Miller Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Miller Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Miller Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Miller Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Miller Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Miller Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Miller Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.