Miller Industries, Inc. (NYSE:MLR) Plans $0.18 Quarterly Dividend

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

Shares of MLR stock traded up $0.10 during mid-day trading on Wednesday, reaching $36.13. 225 shares of the company’s stock traded hands, compared to its average volume of 49,642. The company’s 50-day moving average price is $35.14 and its 200-day moving average price is $31.97. The company has a market cap of $417.81 million, a P/E ratio of 10.91 and a beta of 0.99. The company has a quick ratio of 1.41, a current ratio of 2.11 and a debt-to-equity ratio of 0.05. Miller Industries has a 12 month low of $25.84 and a 12 month high of $37.70.

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

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

Miller Industries Company Profile

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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