Miller Industries stock dividend – Miller Industries Inc Declares 0.18 Cash Dividend.

Dividends Yield

On March 10 2023, Miller Industries ($NYSE:MLR) Inc. declared a 0.18 cash dividend per share. This dividend payment has remained consistent over the last three years, with MILLER INDUSTRIES distributing a 0.72 USD dividend per share every year. This has resulted in an attractive dividend yield of 2.68% each year, with a steady average yield of 2.68%. If you’re looking for a dividend stock, MILLER INDUSTRIES might be worth considering.

The company’s ex-dividend date is March 17 2023, meaning that it’s the last day in which you would be eligible to receive the declared dividend payment. With consistent and attractive dividend yields, MILLER INDUSTRIES could be an interesting prospect for those looking for long-term income from their investments.

Stock Price

Miller Industries Inc announced on Friday that it will declare a cash dividend of 0.18 per share on its common stock. Miller Industries Inc’s shareholders will undoubtedly be pleased with this news as it demonstrates the company’s commitment to providing returns to its investors. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Miller Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Miller Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Miller Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Miller Industries are shown below. More…

Analysis – Miller Industries Stock Intrinsic Value

At GoodWhale, we conducted an extensive analysis of MILLER INDUSTRIES‘ fundamentals. Our proprietary Valuation Line determined that the intrinsic value of MILLER INDUSTRIES share is around $30.4. More…

Peers

Miller Industries Inc is one of the leading manufacturers of towing and recovery equipment in the United States. The company designs, manufactures, and markets a full line of towing and recovery equipment under the brand names of Century, Vulcan, Chevron, Holmes, Challenger, and Eagle. Miller Industries Inc has a strong market presence in North America and Europe. The company’s products are sold through a network of authorized dealers and distributors. Musashi Seimitsu Industry Co Ltd is a leading manufacturer of car parts and components in Japan. The company designs, manufactures, and markets a wide range of car parts and components under the brand names of Musashi, Seimitsu, and Douglas. Musashi Seimitsu Industry Co Ltd has a strong market presence in Asia and Europe. The company’s products are sold through a network of authorized dealers and distributors. Douglas Dynamics Inc is one of the leading manufacturers of snow plows and related equipment in the United States. The company designs, manufactures, and markets a full line of snow plows and related equipment under the brand names of Blizzard, Sno-Way, and Douglas. Douglas Dynamics Inc has a strong market presence in North America and Europe. The company’s products are sold through a network of authorized dealers and distributors. Akwel is a leading manufacturer of automotive parts and components in France. The company designs, manufactures, and markets a wide range of automotive parts and components under the brand names of Akwel, Peugeot, and Renault. Akwel has a strong market presence in Europe and Asia. The company’s products are sold through a network of authorized dealers and distributors.

– Musashi Seimitsu Industry Co Ltd ($TSE:7220)

Musashi Seimitsu Industry Co., Ltd. engages in the manufacture and sale of automotive parts, information and communication technology equipment, and industrial machinery. The company operates through the following segments: Automotive, Information and Communication Technology (ICT), and Industrial Machinery. The Automotive segment offers products such as transmissions, engine valves, and cylinder heads. The ICT segment provides products such as printed circuit boards, liquid crystal displays, and semiconductor packaging materials. The Industrial Machinery segment offers products such as machine tools and forging presses. Musashi Seimitsu Industry was founded on February 15, 1948 and is headquartered in Tokyo, Japan.

– Douglas Dynamics Inc ($NYSE:PLOW)

Douglas Dynamics Inc is a publicly traded company that manufactures and sells commercial snow plows and salt spreaders in the United States and Canada. The company has a market cap of 884.57M as of 2022 and a return on equity of 15.35%. Douglas Dynamics is the largest manufacturer of snow plows in North America and has been in business for over 60 years. The company’s products are used by municipalities, airports, highway departments, and contractors to remove snow and ice from roads and parking lots.

– Akwel ($LTS:0F8V)

Akwel is a French automotive engineering company. It is a supplier of components and systems for the automotive industry. The company has a market cap of 446.47M as of 2022 and a Return on Equity of -49.91%. Akwel’s products include body and chassis systems, powertrains, interior systems, and electronics. The company has a strong presence in Europe, Asia, and North America.

Summary

MILLER INDUSTRIES has been an attractive investment option for the past three years, paying a consistent annual dividend of 0.72 USD per share. This dividend yield of 2.68% per year has been consistent over the past three years, providing investors with steady, reliable returns. The company’s dividend history is indicative of its financial health and stability, making it a relatively safe option for investors seeking regular income. With a solid dividend yield and a track record of stability, MILLER INDUSTRIES is a potentially lucrative investment option for more conservative investors.