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Stock impact report

Miller Industries (NYSE:MLR) Has Announced That It Will Be Increasing Its Dividend To $0.20 [Yahoo! Finance]

Miller Industries, Inc. (MLR) 
US:NYSE Investor Relations: millerind.com/investor-relations
Company Research Source: Yahoo! Finance
The payment will take the dividend yield to 1.7%, which is in line with the average for the industry. While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Miller Industries' stock price has reduced by 35% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield. View our latest analysis for Miller Industries Miller Industries' Future Dividend Projections Appear Well Covered By Earnings We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Based on the last payment, Miller Industries was paying only paying out a fraction of earnings, but Read more
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