Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks. It provides a portfolio of products through retail outlets, such as wholesale supermarkets, discount stores, and convenience stores; retailers, such as restaurants and bars, as well as stadiums, auditoriums, and theaters; points-of-sale outlets; and home delivery, supermarkets, and other locations. In addition, the company distributes and sells Heineken beer products in its Brazilian territories. It operates in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company was founded in 1979 and is headquartered in Mexico City, Mexico. Coca-Cola FEMSA, S.A.B. de C.V. is a subsidiary of Fomento Economico Mexicano, S.A.B. de C.V.
Coca-Cola FEMSA Dividend Announcement
• Coca-Cola FEMSA announced a quarterly dividend of $0.70 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-14
• Coca-Cola FEMSA annual dividend for 2024 was $3.23
• Coca-Cola FEMSA annual dividend for 2023 was $1.60
• Coca-Cola FEMSA's trailing twelve-month (TTM) dividend yield is 3.92%
• Coca-Cola FEMSA's payout ratio for the trailing twelve months (TTM) is 42.58%
• Coca-Cola FEMSA's dividend growth over the last five years (2018-2023) was 12.94% year
• Coca-Cola FEMSA's dividend growth over the last ten years (2013-2023) was -3.42% year
Coca-Cola FEMSA Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | $0.70 | quarterly | 2024-10-25 |
2024-10-11 | $0.78 | quarterly | 2024-10-25 |
2024-07-15 | $0.83 | quarterly | 2024-07-26 |
2024-04-12 | $0.92 | quarterly | 2024-04-26 |
2023-05-01 | $1.60 | quarterly | 2023-10-27 |
2022-10-31 | $1.25 | quarterly | 2022-11-14 |
2022-04-29 | $1.32 | quarterly | 2022-05-13 |
2021-10-29 | $1.21 | quarterly | 2021-11-15 |
2021-04-30 | $1.24 | quarterly | 2021-05-14 |
2020-10-29 | $1.13 | quarterly | 2020-11-13 |
2020-05-01 | $1.00 | quarterly | 2020-05-15 |
2019-10-30 | $0.89 | quarterly | 2019-11-12 |
2019-05-03 | $0.93 | quarterly | 2019-05-15 |
2018-05-01 | $0.87 | quarterly | 2018-05-14 |
2017-11-03 | $0.87 | quarterly | 2017-11-13 |
2017-04-28 | $0.89 | quarterly | 2017-05-15 |
2016-10-27 | $0.87 | quarterly | 2016-11-14 |
2016-04-28 | $0.94 | quarterly | 2016-05-13 |
2015-10-28 | $0.93 | quarterly | 2015-11-13 |
2015-04-30 | $1.01 | quarterly | 2015-05-15 |
2014-10-31 | $1.06 | quarterly | 2014-11-17 |
2014-04-28 | $1.11 | quarterly | 2014-05-12 |
2013-10-31 | $1.08 | quarterly | 2013-11-15 |
2013-04-26 | $1.19 | quarterly | 2013-05-13 |
Coca-Cola FEMSA Dividend per year
Coca-Cola FEMSA Dividend growth
Coca-Cola FEMSA Dividend Yield
Coca-Cola FEMSA current trailing twelve-month (TTM) dividend yield is 3.92%. Interested in purchasing Coca-Cola FEMSA stock? Use our calculator to estimate your expected dividend yield:
Coca-Cola FEMSA Financial Ratios
Coca-Cola FEMSA Dividend FAQ
Other factors to consider when evaluating Coca-Cola FEMSA as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Coca-Cola FEMSA 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.
1. Determination of Dividend: Coca-Cola FEMSA's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Coca-Cola FEMSA publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Coca-Cola FEMSA distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Coca-Cola FEMSA are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Coca-Cola FEMSA sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Coca-Cola FEMSA distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Coca-Cola FEMSA declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Coca-Cola FEMSA's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Coca-Cola FEMSA's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.