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Mullen Group Ltd. ( (TSE:MTL) ) has provided an update.
Mullen Group Ltd. announced the declaration of a monthly dividend of $0.07 per Common Share, to be paid to shareholders of record on January 31, 2025, with payment scheduled for February 18, 2025. This dividend is designated as an ‘eligible dividend’ for Canadian resident shareholders, which may benefit from enhanced tax credits. The announcement reflects Mullen Group’s commitment to providing shareholder value and highlights its financial stability, potentially strengthening its position in the logistics industry.
More about Mullen Group Ltd.
Mullen Group Ltd. is a prominent public company in the transportation and logistics industries, with a strong presence in North America. It boasts a diverse portfolio of logistics companies, offering services such as transportation, warehousing, and distribution through independent businesses. The company also provides specialized services for the energy, mining, forestry, and construction sectors in western Canada. Mullen Group is listed on the Toronto Stock Exchange under the symbol ‘MTL’.
YTD Price Performance: 1.65%
Average Trading Volume: 160,134
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$1.3B
See more insights into MTL stock on TipRanks’ Stock Analysis page.
