Innospec (NASDAQ:IOSP – Get Free Report) and Methanex (NASDAQ:MEOH – Get Free Report) are both basic materials companies, but which is the better business? Analyst RecommendationsThis is a summary of current ratings and target prices for Innospec and Methanex, as provided by MarketBeat. Given Methanex’s stronger consensus rating and higher probable upside, analysts clearly believe Methanex is more favorable than Innospec. Innospec has increased its dividend for 11 consecutive years and Methanex has increased its dividend for 4 consecutive years. Innospec is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.