Miller Industries, Inc. Plans Quarterly Dividend of $0.18 (MLR)
Miller Industries, Inc. (NYSE:MLR) declared a quarterly dividend on Wednesday, November 8th, Zacks reports. Investors of record on Monday, December 4th will be given a dividend of 0.18 per share by the auto parts company on Monday, December 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date is Friday, December 1st.
Miller Industries has increased its dividend payment by an average of 6.7% annually over the last three years.
Miller Industries (NYSE MLR) opened at $27.65 on Friday. The company has a quick ratio of 1.64, a current ratio of 2.25 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $314.60, a P/E ratio of 17.39 and a beta of 0.59. Miller Industries has a 12 month low of $22.80 and a 12 month high of $29.00.
In related news, Director A Russell Chandler III sold 1,000 shares of Miller Industries stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $25.15, for a total value of $25,150.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 4.09% of the stock is owned by insiders.
Separately, BidaskClub raised Miller Industries from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd.
WARNING: This piece of content was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/26/miller-industries-inc-plans-quarterly-dividend-of-0-18-mlr.html.
Miller Industries Company Profile
Miller Industries, Inc is a manufacturer of towing and recovery equipment. The Company manufactures the bodies of wreckers and car carriers, which are installed on truck chassis manufactured by third parties. It has domestic manufacturing operations in Tennessee and Pennsylvania, and foreign manufacturing operations in France and the United Kingdom.
Receive News & Ratings for Miller Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miller Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.