Miller Industries (MLR) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.83
- Forward yield
- 1.56%
- Payout ratio
- 66.9%
- Growth streak
- 2 years
Miller Industries pays a quarterly dividend of $0.21 per share. Its most recent payment had an ex-date of September 8, 2026 and was paid on September 15, 2026. Over the trailing twelve months, it paid $0.83 per share, a yield of about 1.53% at a share price of $54.12.
The record shows a regular annual rhythm in recent years. The rate held at $0.18 per share through 2022 and 2023. Since then, Miller Industries has raised its dividend once a year, each time with the payment that goes ex-dividend in mid-March. The rate went to $0.19 in 2024, $0.20 in 2025 and $0.21 in 2026. Each raise was one cent, or roughly 5.0% to 5.6%. Since late 2021, the quarterly rate has grown about 17%. Payments by calendar year were $0.72 in 2022 and 2023, then rose to $0.76 in 2024 and $0.80 in 2025. The company has now increased its dividend for two consecutive calendar years.
If the pattern holds, the next payment would go ex-dividend in early December 2026 and be paid about a week later. Past raises have come with the March payment, not the December one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 31, 2026 | Sep 8, 2026 | Sep 15, 2026 | $0.21 |
| May 4, 2026 | Jun 1, 2026 | Jun 8, 2026 | $0.21 |
| Mar 2, 2026 | Mar 16, 2026 | Mar 23, 2026 | $0.21 |
| Nov 5, 2025 | Dec 2, 2025 | Dec 9, 2025 | $0.20 |
| Aug 6, 2025 | Sep 8, 2025 | Sep 15, 2025 | $0.20 |
| May 7, 2025 | Jun 2, 2025 | Jun 9, 2025 | $0.20 |
| Mar 5, 2025 | Mar 17, 2025 | Mar 24, 2025 | $0.20 |
| Nov 12, 2024 | Dec 2, 2024 | Dec 9, 2024 | $0.19 |
| Aug 7, 2024 | Sep 9, 2024 | Sep 16, 2024 | $0.19 |
| May 8, 2024 | Jun 3, 2024 | Jun 10, 2024 | $0.19 |
| Mar 6, 2024 | Mar 15, 2024 | Mar 25, 2024 | $0.19 |
| Nov 8, 2023 | Dec 1, 2023 | Dec 11, 2023 | $0.18 |
| Aug 9, 2023 | Aug 31, 2023 | Sep 11, 2023 | $0.18 |
| May 3, 2023 | Jun 2, 2023 | Jun 12, 2023 | $0.18 |
| Mar 8, 2023 | Mar 17, 2023 | Mar 27, 2023 | $0.18 |
| Nov 9, 2022 | Dec 2, 2022 | Dec 12, 2022 | $0.18 |
| Aug 3, 2022 | Sep 1, 2022 | Sep 12, 2022 | $0.18 |
| May 4, 2022 | Jun 3, 2022 | Jun 13, 2022 | $0.18 |
| Mar 9, 2022 | Mar 18, 2022 | Mar 28, 2022 | $0.18 |
| Nov 3, 2021 | Dec 3, 2021 | Dec 13, 2021 | $0.18 |
Frequently asked questions
Does Miller Industries (MLR) pay a dividend?
Yes. Miller Industries pays a quarterly dividend; the most recent payment was $0.21 per share.
What is MLR's dividend yield?
Miller Industries paid $0.83 per share over the trailing twelve months, a yield of 1.56% at the last price of $53.25. Click here to learn more
When is MLR's most recent ex-dividend date?
Miller Industries's most recent ex-dividend date is Sep 8, 2026, payable on Sep 15, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MLR been raising its dividend?
Yes — Miller Industries has increased its dividend for 2 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.