Published on 10 Mar 2024 on Simply Wall St. via Yahoo Finance
Miller Industries (NYSE:MLR) Is Paying Out A Larger Dividend Than Last Year
The board of Miller Industries, Inc. (NYSE:MLR) has announced that it will be increasing its dividend by 5.6% on the 25th of March to $0.19, up from last year's comparable payment of $0.18. This takes the annual payment to 1.5% of the current stock price, which is about average for the industry.
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Miller Industries' Earnings Easily Cover The Distributions