Mullen Group Declares Monthly Dividend for Shareholders

Mullen Group Ltd. ( (TSE:MTL) ) just unveiled an update.

Mullen Group Ltd. has announced a monthly dividend of $0.07 per common share, payable to shareholders of record on March 31, 2025, with payment scheduled for April 15, 2025. This dividend is classified as an ‘eligible dividend’ for Canadian tax purposes, potentially benefiting shareholders with enhanced tax credits. The announcement underscores Mullen Group’s commitment to delivering shareholder value and may positively impact its market positioning within the logistics and transportation industry.

More about Mullen Group Ltd.

Mullen Group Ltd. is a prominent public company in the transportation and logistics sectors, boasting one of the largest logistics company portfolios in North America. It offers a comprehensive range of services including transportation, warehousing, distribution, and specialized services for industries such as energy, mining, forestry, and construction. The company provides strategic support to its independently operated businesses and is listed on the Toronto Stock Exchange.

YTD Price Performance: -9.90%

Average Trading Volume: 233,990

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$1.13B

For an in-depth examination of MTL stock, go to TipRanks’ Stock Analysis page.