Miller Industries, Inc. (MLR) to Issue Quarterly Dividend of $0.18 on December 16th

Miller Industries, Inc. (NYSE:MLR) announced a quarterly dividend on Wednesday, November 6th, Zacks reports. Shareholders of record on Monday, December 9th will be given a dividend of 0.18 per share by the auto parts company on Monday, December 16th. This represents a $0.72 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Friday, December 6th.

Shares of NYSE MLR traded up $0.23 during mid-day trading on Wednesday, reaching $36.26. The company had a trading volume of 6,918 shares, compared to its average volume of 49,642. The business’s 50-day moving average is $35.14 and its 200-day moving average is $31.97. The company has a current ratio of 2.11, a quick ratio of 1.41 and a debt-to-equity ratio of 0.05. The stock has a market cap of $417.81 million, a price-to-earnings ratio of 10.91 and a beta of 0.99. Miller Industries has a 52 week low of $25.84 and a 52 week high of $37.70.

Miller Industries (NYSE:MLR) last announced its quarterly earnings data on Wednesday, November 6th. The auto parts company reported $0.71 earnings per share for the quarter. The company had revenue of $195.47 million during the quarter. Miller Industries had a net margin of 4.81% and a return on equity of 16.05%.

Separately, ValuEngine raised shares of Miller Industries from a “strong sell” rating to a “sell” rating in a research report on Monday, November 4th.

About Miller Industries

Miller Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. It offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms that are used to transport new or disabled vehicles and other equipment.

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Dividend History for Miller Industries (NYSE:MLR)

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