Miller Industries, Inc.
MLRMiller Industries, Inc. (MLR) is a leading manufacturer of towing and recovery equipment. The company specializes in designing and manufacturing a wide range of tow trucks, wreckers, and cranes used in vehicle recovery, roadside assistance, and commercial towing services. Known for its quality and innovation, Miller Industries serves a global customer base across various segments of the transportation and automotive industries.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 9, 2025 | $0.20 | 2025-12-02 | 2025-12-02 |
| September 15, 2025 | $0.20 | 2025-09-08 | 2025-09-08 |
| June 9, 2025 | $0.20 | 2025-06-02 | 2025-06-02 |
| March 24, 2025 | $0.20 | 2025-03-17 | 2025-03-17 |
| December 9, 2024 | $0.19 | 2024-12-02 | 2024-12-02 |
Dividends Summary
- Consistent Payer: Miller Industries, Inc. has rewarded shareholders with 61 dividend payments over the past 15 years.
- Total Returned Value: Investors who held MLR shares during this period received a total of $10.18 per share in dividend income.
- Latest Payout: The most recent dividend of $0.20/share was paid 45 days ago, on December 9, 2025.
- Yield & Schedule: MLR currently pays dividends quarterly with an annual yield of 1.97%.
- Dividend Growth: Since 2010, the dividend payout has grown by 100.0%, from $0.10 to $0.20.
- Dividend Reliability: MLR has maintained or increased its dividend for 61 consecutive payments.
Company News
CNH is using cutting-edge technologies like simulators, the metaverse, and augmented reality to train its employees, customers, and partners in Latin America and India, helping them harness the potential of the company's iconic machines.
Miller Industries reported a 14.5% increase in Q3 2024 net sales, but a 11.7% decrease in net income compared to the prior year period. The company cited increased chassis shipments and higher operating expenses as factors impacting profitability.
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Miller Industries, Inc. reported strong Q2 2024 results, with EPS rising 37.7% and revenues increasing 23.7% year-over-year. The company saw improved gross margins, efficient cost management, and a notable rise in net income. Management revised its 2024 revenue growth expectations to low double digits, reflecting continued operational momentum.
