Methanex Declares US$0.185 Dividend, Q1 Loss of $14M Despite $974M Revenue Beat
Methanex’s Board declared a quarterly dividend of US$0.185 per share payable June 30, 2026 to holders of record June 16, 2026. In Q1, Methanex posted a $14 million net loss (18 cents per share) but delivered 30 cents adjusted EPS on $974 million revenue, topping estimates.
1. Quarterly Dividend Declaration
Methanex’s Board of Directors approved a cash dividend of US$0.185 per common share, payable June 30, 2026 to shareholders of record on June 16, 2026. This payment reflects the company’s policy of returning capital to investors and supports steady shareholder returns.
2. Q1 Net Loss and Adjusted Earnings
During the first quarter, Methanex recorded a net loss of $14 million, or $0.18 per share, driven by non-recurring charges. Excluding these items, adjusted earnings were $0.30 per share, demonstrating underlying operational profitability.
3. Revenue Performance Versus Expectations
Methanex generated $974 million in revenue, exceeding the near-$964 million consensus forecast, supported by robust methanol demand and pricing improvements. Despite the top-line beat, per-share results fell short of the $0.47 estimate, highlighting ongoing cost pressures.