Alpek, S.A.B. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico, the United States, Canada, the United Kingdom, Argentina, Brazil, and Chile. It operates in two segments, Polyester, and Plastics and Chemicals. The Polyester segment produces purified terephthalic acid for use as a raw material in polyethylene terephthalate (PET) and polyester fibers; PET, a plastic resin for use in the beverage bottles, food containers, and consumer good packaging applications; and recycled PET for use in new bottles and containers, strapping and packing supplies, and fibers for clothing and carpet. This segment also offers polyester fibers, such as staple fiber for use in carpets, garments, and home furnishings; and filament for clothing, automotive interiors, and seatbelts, as well as canvases, conveyor belts, hoses, and other industrial uses. The Plastics and Chemicals segment manufactures polypropylene, expandable polystyrene, caprolactam, and other chemicals, as well as specialty and industrial chemicals for use in the consumer goods, food and beverage packaging, automotive, construction, agriculture, oil, and pharmaceutical industries. The company was founded in 1975 and is based in San Pedro Garza García, Mexico. Alpek, S.A.B. de C.V. is a subsidiary of Alfa, S. A. B. de C. V.
ALPEKB Dividend Announcement
• ALPEKB announced a annually dividend of Mex$0.06 per ordinary share which will be made payable on . Ex dividend date: 2024-09-18
• ALPEKB annual dividend for 2024 was Mex$0.06
• ALPEKB annual dividend for 2023 was Mex$0.08
• ALPEKB's trailing twelve-month (TTM) dividend yield is 0.47%
• ALPEKB's payout ratio for the trailing twelve months (TTM) is -37.76%
ALPEKB Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | Mex$0.06 | annually | |
2023-03-14 | Mex$0.08 | annually | |
2022-11-07 | Mex$0.09 | annually | |
2022-03-10 | Mex$0.08 | annually | |
2021-11-08 | Mex$0.03 | annually | |
2021-03-31 | Mex$0.06 | annually | |
2020-01-27 | Mex$0.07 | annually | |
2019-03-06 | Mex$0.07 | annually | |
2017-09-04 | Mex$0.03 | annually | |
2017-03-03 | Mex$0.03 | annually | |
2016-03-01 | Mex$0.05 | annually | |
2015-04-21 | Mex$0.04 | annually | |
2013-12-04 | Mex$0.05 | annually | |
2013-09-13 | Mex$0.02 | annually | |
2013-03-05 | Mex$0.03 | annually | |
2012-09-04 | Mex$0.43 | annually |
ALPEKB Dividend per year
ALPEKB Dividend growth
ALPEKB Dividend Yield
ALPEKB current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing ALPEKB stock? Use our calculator to estimate your expected dividend yield:
ALPEKB Financial Ratios
ALPEKB Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Place an order: Use the brokerage's trading platform to place an order to buy ALPEKB stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.