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The latest announcement is out from Mullen Group ( (TSE:MTL) ).
Mullen Group Ltd. has announced a monthly dividend of $0.07 per common share, payable to shareholders of record as of July 31, 2025, with payment on August 15, 2025. This dividend is classified as an ‘eligible dividend’ for Canadian tax purposes, potentially providing tax benefits to shareholders. This announcement reflects Mullen Group’s ongoing commitment to delivering value to its shareholders and may positively impact investor sentiment.
The most recent analyst rating on (TSE:MTL) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Mullen Group stock, see the TSE:MTL Stock Forecast page.
Spark’s Take on TSE:MTL Stock
According to Spark, TipRanks’ AI Analyst, TSE:MTL is a Outperform.
Mullen Group Ltd. scores well due to its solid financial performance and strategic corporate events. The stock’s attractive valuation and strong dividend yield are appealing, though technical indicators suggest limited short-term momentum. Economic uncertainties and operational challenges add moderate risk.
To see Spark’s full report on TSE:MTL stock, click here.
More about Mullen Group
Mullen Group Ltd. is a prominent public company operating in the transportation and logistics sectors. It boasts one of the largest portfolios of logistics companies in North America, offering a comprehensive range of services including transportation, warehousing, and distribution. The company also provides specialized services for industries such as energy, mining, forestry, and construction in western Canada.
Average Trading Volume: 177,155
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.21B
Learn more about MTL stock on TipRanks’ Stock Analysis page.