Is Miller Industries, Inc. a good dividend stock?

Miller Industries, Inc. (MLR) is a dividend-paying stock with a current dividend yield of 1.62%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is MLR's dividend yield?

The dividend yield for MLR stock is currently 1.62%.

How much does MLR pay in dividends per year?

Miller Industries, Inc. pays an annual dividend of $0.8200 per share over the trailing twelve months.

How often does MLR pay dividends?

MLR stock pays dividends quarterly.

Is MLR's dividend growing?

Miller Industries, Inc.'s 3-year dividend CAGR is 4.43%.

MLR Stock Price, Chart, Stats & News

Miller Industries, Inc.

Save

Overview Dividend safety Dividends Fundamentals

Miller Industries, Inc. (MLR) is a dividend-paying stock with a current dividend yield of 1.62% as of Jul 22, 2026. It pays $0.8200 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 2.64% 5-year compound annual rate.

576.62M

Market cap

37.76x

Current P/E

18.21x

Forward P/E

1.62%

Dividend yield

$0.8200

MLR dividend

Dividend safety

Moderate

Dividend coverage is moderate for MLR — it pays out about 61% of earnings.

See the safety analysis

MLR chart

Loading chart...

Fundamentals

Gross margin	15.25%
Operating margin	3.98%
Pretax margin	3.99%
Net margin	2.92%
Effective tax rate	26.92%
ROA	3.90%
ROE	5.52%
D/E	0.08x
Interest coverage ratio	47.59x

All financials

MLR valuation

P/E	37.76x
P/S	0.65x
P/B	1.23x
P/CF	5.23x
P/FCF	6.08x
P/OCF	5.23x
PEG	-0.95x
EV multiple	11.45x

About

Miller Industries, Inc., alongside its affiliated companies, is a leading producer and vendor of specialized equipment for vehicle towing and recovery. Their diverse product lineup features heavy-duty wreckers, essential for the salvage and transport of disabled vehicles and machinery. They also manufacture advanced car carriers – flatbed trucks equipped with hydraulic tilt capabilities – designed for the efficient movement of both new and non-operational automobiles and other equipment.