Miller Industries, Inc.

Miller Industries, Inc.

MLRยทNYSE

$47.94

-1.7%
Consumer CyclicalAuto - Parts

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. The company was incorporated in 1990 and is based in Ooltewah, Tennessee.

At a Glance

Live Snapshot
Market Cap$546.31M
EPS2.0100
P/E Ratio23.85
Earnings Date08/05/2026
0.46%
Dividend Yield
-14%
3Y-10.0%
5Y+18.0%
10Y-44.0%
430.27%
Dividend Payout Ratio
542%
3Y+1827.0%
5Y+566.0%
10Y+1369.0%
3Y+16.0%
5Y+16.0%
10Y+24.0%
Miller Industries, Inc.

Miller Industries, Inc. Dividend History

MLR ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MLR Dividend Payment History

MLR ยท NYSE

Total Payments

50

Latest Dividend

$0.2100

Annual Amount

$1.0200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 4, 2026
Jun 1, 2026Jun 8, 2026
$0.2100
$0.2100
Quarterly0.00%
Mar 2, 2026
Mar 16, 2026Mar 23, 2026
$0.2100
$0.2100
Quarterly+5.00%
Nov 5, 2025
Dec 2, 2025Dec 9, 2025
$0.2000
$0.2000
Quarterly0.00%
Aug 6, 2025
Sep 8, 2025Sep 15, 2025
$0.2000
$0.2000
Quarterly0.00%
May 7, 2025
Jun 2, 2025Jun 9, 2025
$0.2000
$0.2000
Quarterly0.00%
Mar 5, 2025
Mar 17, 2025Mar 24, 2025
$0.2000
$0.2000
Quarterly+5.26%
Nov 12, 2024
Dec 2, 2024Dec 9, 2024
$0.1900
$0.1900
Quarterly0.00%
Aug 7, 2024
Sep 9, 2024Sep 16, 2024
$0.1900
$0.1900
Quarterly0.00%
May 8, 2024
Jun 3, 2024Jun 10, 2024
$0.1900
$0.1900
Quarterly0.00%
Mar 6, 2024
Mar 18, 2024Mar 25, 2024
$0.1900
$0.1900
Quarterly+5.56%
Nov 8, 2023
Dec 4, 2023Dec 11, 2023
$0.1800
$0.1800
Quarterly0.00%
Aug 9, 2023
Sep 1, 2023Sep 11, 2023
$0.1800
$0.1800
Quarterly0.00%
May 1, 2023
Jun 5, 2023Jun 12, 2023
$0.1800
$0.1800
Quarterly0.00%
Mar 8, 2023
Mar 20, 2023Mar 27, 2023
$0.1800
$0.1800
Quarterly0.00%
Nov 9, 2022
Dec 5, 2022Dec 12, 2022
$0.1800
$0.1800
Quarterly0.00%
Aug 3, 2022
Sep 5, 2022Sep 12, 2022
$0.1800
$0.1800
Quarterly0.00%
May 4, 2022
Jun 6, 2022Jun 13, 2022
$0.1800
$0.1800
Quarterly0.00%
Mar 9, 2022
Mar 21, 2022Mar 28, 2022
$0.1800
$0.1800
Quarterly0.00%
Nov 3, 2021
Dec 6, 2021Dec 13, 2021
$0.1800
$0.1800
Quarterly0.00%
Aug 4, 2021
Sep 3, 2021Sep 13, 2021
$0.1800
$0.1800
Quarterly0.00%
May 5, 2021
Jun 7, 2021Jun 14, 2021
$0.1800
$0.1800
Quarterly0.00%
Mar 3, 2021
Mar 15, 2021Mar 22, 2021
$0.1800
$0.1800
Quarterly0.00%
Nov 4, 2020
Dec 7, 2020Dec 14, 2020
$0.1800
$0.1800
Quarterly0.00%
Aug 5, 2020
Sep 7, 2020Sep 14, 2020
$0.1800
$0.1800
Quarterly0.00%
May 6, 2020
Jun 8, 2020Jun 15, 2020
$0.1800
$0.1800
Quarterly0.00%
Mar 4, 2020
Mar 16, 2020Mar 23, 2020
$0.1800
$0.1800
Quarterly0.00%
Nov 6, 2019
Dec 9, 2019Dec 16, 2019
$0.1800
$0.1800
Quarterly0.00%
Aug 7, 2019
Sep 9, 2019Sep 16, 2019
$0.1800
$0.1800
Quarterly0.00%
May 8, 2019
Jun 10, 2019Jun 17, 2019
$0.1800
$0.1800
Quarterly0.00%
Mar 6, 2019
Mar 18, 2019Mar 25, 2019
$0.1800
$0.1800
Quarterly0.00%
Nov 7, 2018
Dec 3, 2018Dec 10, 2018
$0.1800
$0.1800
Quarterly0.00%
Aug 8, 2018
Sep 10, 2018Sep 17, 2018
$0.1800
$0.1800
Quarterly0.00%
May 9, 2018
Jun 11, 2018Jun 18, 2018
$0.1800
$0.1800
Quarterly0.00%
Mar 7, 2018
Mar 19, 2018Mar 26, 2018
$0.1800
$0.1800
Quarterly0.00%
Nov 8, 2017
Dec 4, 2017Dec 11, 2017
$0.1800
$0.1800
Quarterly0.00%
Aug 10, 2017
Sep 11, 2017Sep 18, 2017
$0.1800
$0.1800
Quarterly0.00%
May 4, 2017
Jun 13, 2017Jun 20, 2017
$0.1800
$0.1800
Quarterly0.00%
Mar 16, 2017
Mar 27, 2017Apr 3, 2017
$0.1800
$0.1800
Quarterly+5.88%
Nov 10, 2016
Dec 5, 2016Dec 12, 2016
$0.1700
$0.1700
Quarterly0.00%
Aug 4, 2016
Sep 12, 2016Sep 19, 2016
$0.1700
$0.1700
Quarterly0.00%
May 5, 2016
Jun 13, 2016Jun 20, 2016
$0.1700
$0.1700
Quarterly0.00%
Mar 10, 2016
Mar 21, 2016Mar 28, 2016
$0.1700
$0.1700
Quarterly+6.25%
Nov 5, 2015
Dec 7, 2015Dec 14, 2015
$0.1600
$0.1600
Quarterly0.00%
Aug 6, 2015
Sep 14, 2015Sep 21, 2015
$0.1600
$0.1600
Quarterly0.00%
May 7, 2015
Jun 15, 2015Jun 22, 2015
$0.1600
$0.1600
Quarterly0.00%
Mar 5, 2015
Mar 16, 2015Mar 23, 2015
$0.1600
$0.1600
Quarterly+6.67%
Nov 6, 2014
Dec 8, 2014Dec 15, 2014
$0.1500
$0.1500
Quarterly0.00%
Aug 6, 2014
Sep 15, 2014Sep 22, 2014
$0.1500
$0.1500
Quarterly0.00%
May 7, 2014
Jun 16, 2014Jun 23, 2014
$0.1500
$0.1500
Quarterly0.00%
Mar 5, 2014
Mar 17, 2014Mar 24, 2014
$0.1500
$0.1500
Quarterly-
mlr

Miller Industries, Inc. Payout Ratio Analysis

MLR ยท NYSE
Dividends Paid
-9.15M
2025
Net Income
23.01M
2025
Payout Ratio
39.78%
2025

Dividend Sustainability Analysis

Payout Ratio
39.78%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
10.8%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-5.0%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.