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Miller Industries (Miller Industries) Dividend Yield %

: 1.47% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Miller Industries is 1.47%.

Warning Sign:

Miller Industries Inc stock dividend yield is close to 10-year low.

The historical rank and industry rank for Miller Industries's Dividend Yield % or its related term are showing as below:

MLR' s Dividend Yield % Range Over the Past 10 Years
Min: 1.36   Med: 2.66   Max: 3.54
Current: 1.47

During the past 13 years, the highest Dividend Yield of Miller Industries was 3.54%. The lowest was 1.36%. And the median was 2.66%.

MLR's Dividend Yield % is ranked worse than
66.33% of 802 companies
in the Vehicles & Parts industry
Industry Median: 2.275 vs MLR: 1.47

Miller Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.12.

During the past 13 years, the highest Dividend Payout Ratio of Miller Industries was 0.51. The lowest was 0.14. And the median was 0.37.

As of today (2024-04-19), the Forward Dividend Yield % of Miller Industries is 1.53%.

Miller Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Miller Industries was 77.60% per year. The lowest was 1.90% per year. And the median was 6.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Miller Industries Dividend Yield % Historical Data

The historical data trend for Miller Industries's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Miller Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 1.89 2.16 2.71 1.70

Miller Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 2.04 2.03 1.84 1.70

Competitive Comparison

For the Auto Parts subindustry, Miller Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Miller Industries Dividend Yield % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Miller Industries's Dividend Yield % falls into.



Miller Industries Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Miller Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1902024-03-152024-03-182024-03-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-12-012023-12-042023-12-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-08-312023-09-012023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-06-022023-06-052023-06-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Miller Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.73/49.6801
=1.47 %

Current Share Price is $49.6801.
Miller Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.73.

Miller Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.76/49.6801
=1.53 %

Current Share Price is $49.6801.
Miller Industries's Dividends per Share for the forward twelve months is calculated as $0.19 * 4 = $0.76.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Miller Industries  (NYSE:MLR) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Miller Industries Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Miller Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Miller Industries (Miller Industries) Business Description

Traded in Other Exchanges
N/A
Address
8503 Hilltop Drive, Ooltewah, TN, USA, 37363
Miller Industries Inc is engaged in the manufacturing of vehicle towing and recovery equipment. The company produces wreckers, car carriers, and trailer bodies under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. The products are sold primarily in North America, Canada, and Mexico through independent distributors.
Executives
Jill Sutton director 313 IRON HORSE WAY, PROVIDENCE RI 02908
Peter Lee Jackson director 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Javier A Reyes director 65 FALLING WATER LANE, MORGANTOWN WV 26508
Susan E Sweeney director 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Jeffrey I Badgley officer: Co-CEO
Miller William G. Ii director, officer: CEO and President 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Josias W. Reyneke officer: Chief Information Officer 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Deborah L Whitmire director, officer: Chief Financial Officer 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Frank Madonia officer: Executive VP, Secretary & GC
Vincent J. Tiano officer: Vice President and CRO 8515 CAVANAUGH LANE, HIXSON TN 37343
Jamison Linden officer: Vice President and CMO 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Leigh Walton director 150 THIRD AVENUE SOUTH, SUITE 2800, NASHVILLE TN 37201
Ashford Theodore H. Iii director 909 STUART ROAD, WILMINGTON DE 19807
Richard H Roberts director C/O MILLER INDUSTRIES, INC., 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Chandler A Russell Iii director C/O KILPATRICK STOCKTON LLP, 110 PEACHTREE STREET SUITE 2800, ATLANTA GA 30309