08:58:09 EST Tue 03 Nov 2026
Enter Symbol
or Name
USA
CA



Mullen Group Ltd
Symbol MTL
Shares Issued 96,399,124
Close 2026-11-02 C$ 28.54
Market Cap C$ 2,751,230,999
Recent Sedar+ Documents

Globe says Mullen Group trading near all-time high

2026-11-03 08:42 ET - In the News

The Globe and Mail reports in its Tuesday edition that after bumping along at about $15 for years, Mullen Group has taken off. The Globe's regular guest columnist Gordon Pape writes that Mullen Group shares are up more than 80 per cent year-to-date and is currently trading near its all-time high. Mullen is a transportation and logistics company, with a market cap of $2.78-billion. It's mainly known as a trucking company, but Mullen also provides specialized services related to the energy, mining, forestry and construction industries in Western Canada. These include water management, fluid hauling and environmental reclamation. Mr. Pape recommended the stock in May, 2023, at $15.46. The major attractions were a steady share price and a monthly dividend of six cents a share (72 cents a year), which at the time generated a yield of 4.7 per cent. In August, 2024, the dividend was raised to seven cents (84 cents a year), for a yield of 2.9 per cent at the recent price of $28.76. The share rally has reduced the yield, but those who bought in May, 2023, have a capital gain of 86 per cent to compensate. The freight industry has recovered from the long slump it experienced during the pandemic, with demands on the rise.

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