MLR (Miller Industries) 3-Year Dividend Growth Rate: 3.60% (As of Jun. 2026) — Near Median

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MLR Miller Industries Inc MLR
87 GF Score
Price $56.06
GF Value $37.29
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Miller Industries 3-Year Dividend Growth Rate?

Miller Industries MLR +1.58% 87 3-Year Dividend Growth Rate is 3.60% as of Jun. 2026, which is at its 10-year median of 3.60. GuruFocus rates MLR with a GF Score™ of 87/100 and a GF Value™ of $37.29 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 613 Vehicles & Parts companies, Miller Industries ranks worse than 70.31% on this metric.

Miller Industries's Dividends per Share for the three months ended in Jun. 2026 was $0.21.

The historical rank and industry rank for Miller Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

MLR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0   Med: 3.6   Max: 77.6
Current: 3.6

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 0.00% per year. And the median was 3.60% per year.

MLR's 3-Year Dividend Growth Rate is ranked worse than
70.31% of 613 companies
in the Vehicles & Parts industry
Industry Median: 14.5 vs MLR: 3.60

During the past 12 months, Miller Industries's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Miller Industries's Dividend Payout Ratio for the three months ended in Jun. 2026 was 0.33. As of today, Miller Industries's Dividend Yield % is 1.46%.

Warning Sign:

Miller Industries Inc stock Dividend Yield % is close to 1-year low.

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


Miller Industries  (NYSE:MLR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Miller Industries's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.21/ 0.63
=0.33

During the past 13 years, the highest Dividend Payout Ratio of Miller Industries was 0.66. The lowest was 0.14. And the median was 0.32.

2. 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 0.2100002026-06-012026-06-012026-06-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002026-03-162026-03-162026-03-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002025-12-022025-12-022025-12-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002025-09-082025-09-082025-09-15Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.82/56.06
=1.46 %

Current Share Price is $56.06.
Miller Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.82.

During the past 13 years, the highest Dividend Yield of Miller Industries was 3.38%. The lowest was 1.00%. And the median was 2.16%.

Warning Sign:

Miller Industries Inc stock Dividend Yield % is close to 1-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


MLR vs HYLN, SLDP, CPS: 3-Year Dividend Growth Rate Comparison

For the Auto Parts subindustry, Miller Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Miller Industries's 3-Year Dividend Growth Rate falls into.


MLR
87GF Score
Miller Industries Inc MLR
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miller Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 3.60% mean?
Miller Industries (MLR) has a 3-Year Dividend Growth Rate of 3.60% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Miller Industries and its competitors. This is near median its historical median of 3.60. According to the industry distribution chart, Miller Industries ranks #431 out of 613 companies in the Vehicles & Parts industry, placing it in the top 70.3%.
Is Miller Industries' 3-Year Dividend Growth Rate too high?
Miller Industries' current 3-Year Dividend Growth Rate of 3.60% is near median its 10-year median of 3.60. The Vehicles & Parts industry median 3-Year Dividend Growth Rate is 14.50. Miller Industries' value of 3.60% is 75.2% below this industry median. Based on the distribution chart, Miller Industries ranks #431 out of 613 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Miller Industries has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miller Industries' 3-Year Dividend Growth Rate compare to HYLN and SLDP?
According to the Vehicles & Parts industry distribution chart, Miller Industries ranks #431 out of 613 companies for 3-Year Dividend Growth Rate. This places Miller Industries in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 14.50. Miller Industries' value of 3.60% is 75.2% below this benchmark. While the company's 10-year median is 3.60 vs. the industry median of 14.50, Miller Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Vehicles & Parts company?
The median 3-Year Dividend Growth Rate among Vehicles & Parts companies is 14.50, based on 613 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miller Industries's current 3-Year Dividend Growth Rate of 3.60% is 75.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Miller Industries and its competitors. For the Vehicles & Parts industry, the median 3-Year Dividend Growth Rate is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miller Industries's current 3-Year Dividend Growth Rate is 3.60%, which is near median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miller Industries stock overvalued right now?
Based on GuruFocus' analysis, Miller Industries (MLR) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.29, compared to a current price of $56.06 — trading 50.3% above its estimated fair value. The current 3-Year Dividend Growth Rate is 3.60%, which is near median its 10-year median of 3.60 and 75.2% below the Vehicles & Parts industry median of 14.50. Miller Industries' overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Miller Industries (MLR), the current 3-Year Dividend Growth Rate is 3.60% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Miller Industries (MLR) Overvalued in 2026?

Based on GuruFocus' analysis, Miller Industries stock appears to be overvalued. The current stock price of $56.06 is trading 50.3% above its estimated GF Value™ of $37.29. GuruFocus considers Miller Industries to be Significantly Overvalued.

Key valuation signals for MLR:

  • 3-Year Dividend Growth Rate: 3.60% (near median its 10-year median of 3.60)
  • GF Value™: $37.29 vs. price of $56.06 (50.3% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 75.2% below the Vehicles & Parts median (#431 of 613)

No single metric tells the full story. See the MLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miller Industries Business Description

Address 8503 Hilltop Drive, Ooltewah, TN, USA, 37363
Miller Industries Inc is a manufacturer of Towing and Recovery Equipment. The company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to customers. Its product lines include car carriers, light duty, heavy duty, rotators, special transport, military, wreckers, and transport trailers. It sells products under various brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle.
87GF Score

Get the complete analysis for MLR

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.06
Price
$37.29
GF Value