Miller Industries, Inc. (MLR) Dividends
Dividend Yield and Dividend History Highlights
- Free cash flow for MLR has a compound average growth rate of -388.57%, which is higher than just 2.34% of stocks in our dividend set.
- As for stocks whose price is uncorrelated with MLR's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: INS, VHC, AC, NTCO and APD.
MLR Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $67.04 | $29.38 | 6% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Miller Industries Inc, the DDM model generated by StockNews estimates a return of positive 6% in comparison to its current price. To help understand and contextualize the model's evaluation of MLR, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Cyclical sector, Miller Industries Inc's expected return of 6% is higher than 76.61% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Miller Industries Inc bears a discount rate, according to our calculations, lower than 76.61% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for Miller Industries Inc than it is for 84.21% of other dividend issuers in the Consumer Cyclical sector.
- In comparison to its fellow dividend issuing stocks in the Consumer Cyclical sector, Miller Industries Inc has an equity discount rate lower than 75.44% of them.
MLR Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-02 | Dividend | $0.19 | -- |
| 2024-09-09 | Dividend | $0.19 | -- |
| 2024-06-03 | Dividend | $0.19 | -- |
| 2024-03-15 | Dividend | $0.19 | +5.56% |
| 2023-12-01 | Dividend | $0.18 | -- |
| 2023-08-31 | Dividend | $0.18 | -- |
| 2023-06-02 | Dividend | $0.18 | -- |
| 2023-03-17 | Dividend | $0.18 | -- |
| 2022-12-02 | Dividend | $0.18 | -- |
| 2022-09-01 | Dividend | $0.18 | -- |
| 2022-06-03 | Dividend | $0.18 | -- |
| 2022-03-18 | Dividend | $0.18 | -- |
| 2021-12-03 | Dividend | $0.18 | -- |
| 2021-09-02 | Dividend | $0.18 | -- |
| 2021-06-04 | Dividend | $0.18 | -- |
| 2021-03-12 | Dividend | $0.18 | -- |
| 2020-12-04 | Dividend | $0.18 | -- |
| 2020-09-03 | Dividend | $0.18 | -- |
| 2020-06-05 | Dividend | $0.18 | -- |
| 2020-03-13 | Dividend | $0.18 | -- |
| 2019-12-06 | Dividend | $0.18 | -- |
| 2019-09-06 | Dividend | $0.18 | -- |
| 2019-06-07 | Dividend | $0.18 | -- |
| 2019-03-15 | Dividend | $0.18 | -- |
| 2018-11-30 | Dividend | $0.18 | -- |
| 2018-09-07 | Dividend | $0.18 | -- |
| 2018-06-08 | Dividend | $0.18 | -- |
| 2018-03-16 | Dividend | $0.18 | -- |
| 2017-12-01 | Dividend | $0.18 | -- |
| 2017-09-08 | Dividend | $0.18 | -- |
| 2017-06-09 | Dividend | $0.18 | -- |
| 2017-03-23 | Dividend | $0.18 | +5.88% |
| 2016-12-01 | Dividend | $0.17 | -- |
| 2016-09-08 | Dividend | $0.17 | -- |
| 2016-06-09 | Dividend | $0.17 | -- |
| 2016-03-17 | Dividend | $0.17 | +6.25% |
| 2015-12-03 | Dividend | $0.16 | -- |
| 2015-09-10 | Dividend | $0.16 | -- |
| 2015-06-11 | Dividend | $0.16 | -- |
| 2015-03-12 | Dividend | $0.16 | +6.67% |
| 2014-12-04 | Dividend | $0.15 | -- |
| 2014-09-11 | Dividend | $0.15 | -- |
| 2014-06-12 | Dividend | $0.15 | -- |
| 2014-03-13 | Dividend | $0.15 | +7.14% |
| 2013-12-05 | Dividend | $0.14 | -- |
| 2013-09-12 | Dividend | $0.14 | -- |
| 2013-06-13 | Dividend | $0.14 | -- |
| 2013-03-14 | Dividend | $0.14 | +7.69% |
| 2012-12-06 | Dividend | $0.13 | -- |
| 2012-09-13 | Dividend | $0.13 | -- |
| 2012-06-14 | Dividend | $0.13 | -- |
| 2012-03-15 | Dividend | $0.13 | +8.33% |
| 2011-12-01 | Dividend | $0.12 | -- |
| 2011-08-17 | Dividend | $0.12 | -- |
| 2011-05-19 | Dividend | $0.12 | -- |
| 2011-03-15 | Dividend | $0.12 | +20.00% |
| 2010-03-16 | Dividend | $0.10 | -- |
| 2001-10-01 | Split | ||
| 1996-12-31 | Split | ||
| 1996-10-01 | Split | ||
| 1996-04-15 | Split |
MLR Dividends vs. Peers
MLR's dividend yield currently ranks #17 of 84 vs. its peers in the Auto Parts category.
Looking for More Information on MLR dividends?
Want to see what other sources are saying about Miller Industries Inc's dividends? Try the links below:Miller Industries Inc Common Stock (MLR) Dividend History | Nasdaq
Dividend History for Miller Industries Inc (MLR) - Dividend Investor
Miller Industries Inc (MLR) Dividend History - Seeking Alpha