How Many MLR Shares for $500 or $1,000 a Month?
At $0.84 a share a year, $500 a month takes about 7,143 MLR shares, about $347,293 at the Nov 9, 2026 close of $48.62. $1,000 a month takes about 14,286 shares, about $694,585. Before taxes, and only while the rate holds.
Miller Industries (MLR) pays $0.21 a share quarterly, $0.84 a year, a 1.73% run-rate yield at the Nov 9, 2026 close of $48.62. It has paid since 2010 and raised its annual dividend 2 years in a row.
At today’s rate of $0.21 quarterly and the last close of $48.62, this is what MLR pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.21 | $0.07 | $0.84 |
| 100 shares | $21.00 | $7.00 | $84.00 |
| $10,000 invested (205.7 shares) | $43.19 | $14.40 | $172.77 |
| 7,143 shares ($500/mo) | $1,500.03 | $500.01 | $6,000.12 |
| 14,286 shares ($1,000/mo) | $3,000.06 | $1,000.02 | $12,000.24 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 MLR shares reinvest into 0.43 new shares each payment, about 1.7 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 232 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with MLR’s own history in the MLR DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
MLR Dividend Yield Today vs Its 5-Year Range
- MLR yields 1.73% today, at the Nov 9, 2026 close of $48.62.
- Its own 10-year median is 2.16%, so today’s yield is below its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is MLR’s Next Dividend? Ex-Date and Pay Date After September 2026
MLR has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Dec 9, 2026, with the cash around Dec 11, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.21 a share, went ex on Sep 8, 2026 and paid Sep 10, 2026.
- Ex-dates: about every 92 days (quarterly)
- Payment: usually about 2 days after the ex-date
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does MLR Pay?
MLR pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 92 days, and the cash usually lands about 2 days later.
- Streak: 2 years of higher annual totals (through 2025)
- Last raise: Mar 16, 2026 - $0.20 to $0.21 (+$0.01, +5.00%)
- Usual $ step: $0.01 (median of the raises before it)
- EPS payout: 56.0% - $0.84 paid / $1.50 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 16.2% (median of 12 earlier trailing years)
- FCF payout: 8.9% - $0.84 paid / $9.40 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 282.8% (median of 12 earlier trailing years)
MLR vs Similar Dividend Stocks (WEYS, MTYFF...)
Against the 10 dividend-paying Consumer Cyclical companies closest to MLR in market value, MLR’s 1.73% run-rate yield is below the group’s middle yield of 5.91%, and its raise streak of 2 years is the 4th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | Recessions ⓘ | No cut ⓘ |
|---|---|---|---|---|---|
| MLR $48.62Miller Industries | $0.21/qtr$0.84/yr fwd | 1.73% | Dividend Safety Rating: paid plans only | — | 14+ yrsraised 2 yrs in a row |
| WEYS $60.76Weyco Group | $0.28/qtr$1.12/yr fwd | 1.84% | Dividend Safety Rating: paid plans only | — | 31 yrsraised 3 yrs in a row |
| MTYFF $26.25MTY Food Group | $0.3568/qtr$1.43/yr fwd | 5.44% | Dividend Safety Rating: paid plans only | — | 3+ yrsraised 3 yrs in a row |
| LUCK $3.76Lucky Strike Entertainment | $0.06/qtr$0.24/yr fwd | 6.38% | Dividend Safety Rating: paid plans only | — | 1+ yrraised 1+ yr in a row |
| ETD $18.02Ethan Allen Interiors | $0.64/qtr$2.56/yr fwd | 14.21% | Dividend Safety Rating: paid plans only | Cut in 20092000 raised2008 cut2020 raised2022 raised | 16 yrsraised 1 yr in a row |
| ARKO $4.20Arko | $0.03/qtr$0.12/yr fwd | 2.86% | Dividend Safety Rating: paid plans only | — | 3+ yrsno raise streak |
| BWMX $17.05Betterware de Mexico, S.A.P.I. de C.V. | $0.3424/qtr$1.37/yr fwd | 8.03% | Dividend Safety Rating: paid plans only | — | 0 yrsno raise streak |
| CSV $28.63Carriage Services | $0.113/qtr$0.45/yr fwd | 1.58% | Dividend Safety Rating: paid plans only | — | 14+ yrsraised 1 yr in a row |
| DIN $37.22Dine Brands Global | $0.19/qtr$0.76/yr fwd | 2.04% | Dividend Safety Rating: paid plans only | — | 0 yrsno raise streak |
| PZZA $19.98Papa John's International | $0.46/qtr$1.84/yr fwd | 9.21% | Dividend Safety Rating: paid plans only | — | 11+ yrsno raise streak |
| OXM $29.34Oxford Industries | $0.70/qtr$2.80/yr fwd | 9.54% | Dividend Safety Rating: paid plans only | Cut in 20202000 raised2008 cut2020 cut2022 raised | 5 yrsraised 5 yrs in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: MLR vs WEYS, MLR vs MTYFF, MLR vs LUCK.
MLR Dividend History: Every Payment Since 2010
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Sep 8, 2026 | Sep 10, 2026 | $0.21 | Quarterly | Regular |
| Jun 1, 2026 | Jun 3, 2026 | $0.21 | Quarterly | Regular |
| Mar 16, 2026 | Mar 18, 2026 | $0.21 | Quarterly | Regular |
| Dec 2, 2025 | Dec 4, 2025 | $0.20 | Quarterly | Regular |
| Sep 8, 2025 | Sep 10, 2025 | $0.20 | Quarterly | Regular |
| Jun 2, 2025 | Jun 4, 2025 | $0.20 | Quarterly | Regular |
| Mar 17, 2025 | Mar 19, 2025 | $0.20 | Quarterly | Regular |
| Dec 2, 2024 | Dec 4, 2024 | $0.19 | Quarterly | Regular |
| Sep 9, 2024 | Sep 11, 2024 | $0.19 | Quarterly | Regular |
| Jun 3, 2024 | Jun 5, 2024 | $0.19 | Quarterly | Regular |
| Mar 15, 2024 | Mar 18, 2024 | $0.19 | Quarterly | Regular |
| Dec 1, 2023 | Dec 4, 2023 | $0.18 | Quarterly | Regular |
| Aug 31, 2023 | Sep 4, 2023 | $0.18 | Quarterly | Regular |
| Jun 2, 2023 | Jun 5, 2023 | $0.18 | Quarterly | Regular |
| Mar 17, 2023 | Mar 20, 2023 | $0.18 | Quarterly | Regular |
| Dec 2, 2022 | Dec 12, 2022 | $0.18 | Quarterly | Regular |
| Sep 1, 2022 | Sep 12, 2022 | $0.18 | Quarterly | Regular |
| Jun 3, 2022 | Jun 13, 2022 | $0.18 | Quarterly | Regular |
| Mar 18, 2022 | Mar 28, 2022 | $0.18 | Quarterly | Regular |
| Dec 3, 2021 | Dec 13, 2021 | $0.18 | Quarterly | Regular |
| Sep 2, 2021 | Sep 13, 2021 | $0.18 | Quarterly | Regular |
| Jun 4, 2021 | Jun 14, 2021 | $0.18 | Quarterly | Regular |
| Mar 12, 2021 | Mar 22, 2021 | $0.18 | Quarterly | Regular |
| Dec 4, 2020 | Dec 14, 2020 | $0.18 | Quarterly | Regular |
| Sep 3, 2020 | Sep 14, 2020 | $0.18 | Quarterly | Regular |
| Jun 5, 2020 | Jun 15, 2020 | $0.18 | Quarterly | Regular |
| Mar 13, 2020 | Mar 23, 2020 | $0.18 | Quarterly | Regular |
| Dec 6, 2019 | Dec 16, 2019 | $0.18 | Quarterly | Regular |
| Sep 6, 2019 | Sep 16, 2019 | $0.18 | Quarterly | Regular |
| Jun 7, 2019 | Jun 17, 2019 | $0.18 | Quarterly | Regular |
| Mar 15, 2019 | Mar 25, 2019 | $0.18 | Quarterly | Regular |
| Nov 30, 2018 | Dec 10, 2018 | $0.18 | Quarterly | Regular |
| Sep 7, 2018 | Sep 17, 2018 | $0.18 | Quarterly | Regular |
| Jun 8, 2018 | Jun 18, 2018 | $0.18 | Quarterly | Regular |
| Mar 16, 2018 | Mar 26, 2018 | $0.18 | Quarterly | Regular |
| Dec 1, 2017 | Dec 11, 2017 | $0.18 | Quarterly | Regular |
| Sep 8, 2017 | Sep 18, 2017 | $0.18 | Quarterly | Regular |
| Jun 9, 2017 | Jun 20, 2017 | $0.18 | Quarterly | Regular |
| Mar 23, 2017 | Apr 3, 2017 | $0.18 | Quarterly | Regular |
| Dec 1, 2016 | Dec 12, 2016 | $0.17 | Quarterly | Regular |
| Sep 8, 2016 | Sep 19, 2016 | $0.17 | Quarterly | Regular |
| Jun 9, 2016 | Jun 20, 2016 | $0.17 | Quarterly | Regular |
| Mar 17, 2016 | Mar 28, 2016 | $0.17 | Quarterly | Regular |
| Dec 3, 2015 | Dec 14, 2015 | $0.16 | Quarterly | Regular |
| Sep 10, 2015 | Sep 21, 2015 | $0.16 | Quarterly | Regular |
| Jun 11, 2015 | Jun 22, 2015 | $0.16 | Quarterly | Regular |
| Mar 12, 2015 | Mar 23, 2015 | $0.16 | Quarterly | Regular |
| Dec 4, 2014 | Dec 15, 2014 | $0.15 | Quarterly | Regular |
| Sep 11, 2014 | Sep 22, 2014 | $0.15 | Quarterly | Regular |
| Jun 12, 2014 | Jun 23, 2014 | $0.15 | Quarterly | Regular |
| Mar 13, 2014 | Mar 24, 2014 | $0.15 | Quarterly | Regular |
| Dec 5, 2013 | Dec 16, 2013 | $0.14 | Quarterly | Regular |
| Sep 12, 2013 | Sep 23, 2013 | $0.14 | Quarterly | Regular |
| Jun 13, 2013 | Jun 24, 2013 | $0.14 | Quarterly | Regular |
| Mar 14, 2013 | Mar 25, 2013 | $0.14 | Quarterly | Regular |
| Dec 6, 2012 | Dec 17, 2012 | $0.13 | Quarterly | Regular |
| Sep 13, 2012 | Sep 24, 2012 | $0.13 | Semi-annual | Regular |
| Jun 14, 2012 | Jun 25, 2012 | $0.13 | Semi-annual | Regular |
| Mar 15, 2012 | Mar 26, 2012 | $0.13 | Semi-annual | Regular |
| Aug 17, 2011 | Aug 26, 2011 | $0.12 | Semi-annual | Regular |
| May 19, 2011 | May 31, 2011 | $0.12 | Annual | Regular |
| Mar 15, 2011 | Mar 24, 2011 | $0.12 | Annual | Regular |
| Mar 16, 2010 | Mar 25, 2010 | $0.10 | Quarterly | Regular |
What the Dividend Safety Rating Means for MLR
MLR Dividend Questions
How often does MLR pay dividends?
MLR pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 92 days, and the cash usually lands about 2 days later.
Does MLR pay dividends monthly?
No. MLR pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next MLR dividend?
MLR has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Dec 9, 2026, with the cash around Dec 11, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.21 a share, went ex on Sep 8, 2026 and paid Sep 10, 2026. The current rate is $0.21 per share, $0.84 a year.
Does MLR pay a dividend in December 2026?
Not declared yet. By its usual rhythm the next ex-date falls around Dec 9, 2026, with the cash around Dec 11, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.
How much does MLR pay per share?
MLR pays $0.21 a share quarterly, $0.84 a year. At the Nov 9, 2026 close of $48.62 that is a 1.73% run-rate yield, below its usual level: its own 10-year median is 2.16%.
Has MLR raised its dividend?
Yes. MLR has raised its annual dividend 2 years in a row, through 2025. The latest raise, on Mar 16, 2026, took the rate from $0.20 to $0.21 (+5.00%). Over five years the dividend grew 3.1% a year.
Is MLR’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. MLR paid out 56% of its earnings and 9% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 2 years in a row and gone 14+ years without a cut. This is data, not investment advice. The full 12-check rating comes with a plan.
How do I track my MLR dividends?
Add MLR to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run MLR in the DRIP calculator.