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Cydsa, S.A.B. de C.V., together its subsidiaries, engages in the production and marketing of salt, chlorine, caustic soda, and refrigerant gases in Mexico, the United States, Canada, Central and South America, Asia, and Europe. It operates through Salt, Chlorine and Caustic Soda, Refrigerant Gases, and Energy Processing and Logistics segments. The company offers light salt, salt substitute, Kosher and halal grade salt, salt with chili and lime, and coarse sea salt for use in household and commercial human consumption, food industry, and industrial processes. It also provides chlorine, liquid and gas, chlorine in cylinders, sodium hypochlorite, caustic potash, synthetic hydrochloric acid, and muriatic acid, as well as liquid, solid, and rayon and membrane grade caustic soda for use in chemical and petrochemical industries, water treatment, oils, cellulose, papers, bottling, pesticides, bleaches, detergents and soaps, plastics, pigments, paints, and mining and extraction of metals. In addition, the company offers refrigerant, propellant, and blowing gases, as well as gases for fluoropolymers and anesthetic medical products for use in industrial, commercial and domestic refrigeration, home appliances, and pharmaceutical industries. Further, it is involved in the electricity and steam cogeneration business; and hydrocarbons processing and underground storage business, as well as provides liquid petroleum gas storage services. The company offers its products under the La Fina, Cisne, Marfil, Gallo, Palomitos, Bakará, Elefante, Klara, Carmen, Brisa de Occidente, Genetron, Aquion, and Eco Flush trademarks. Cydsa, S.A.B. de C.V. was founded in 1945 and is headquartered in Monterrey, Mexico.

Cydsa Dividend Announcement

• Cydsa announced a annually dividend of Mex$0.56 per ordinary share which will be made payable on . Ex dividend date: 2024-03-27
• Cydsa annual dividend for 2024 was Mex$0.56
• Cydsa annual dividend for 2023 was Mex$0.46
• Cydsa's trailing twelve-month (TTM) dividend yield is 3.5%
• Cydsa's payout ratio for the trailing twelve months (TTM) is 20.39%
• Cydsa's dividend growth over the last five years (2018-2023) was 6.06% year
• Cydsa's dividend growth over the last ten years (2013-2023) was -8.25% year

Cydsa Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-27Mex$0.56annually
2023-04-10Mex$0.46annually
2022-03-31Mex$0.36annually
2021-04-06Mex$0.36annually
2020-04-29Mex$0.54annually
2019-04-04Mex$0.70annually
2018-04-06Mex$0.34annually
2017-12-07Mex$0.10annually
2017-05-10Mex$0.10annually
2016-04-05Mex$0.21annually
2015-11-24Mex$0.17annually
2015-04-06Mex$0.21annually
2014-12-01Mex$0.23annually
2014-05-07Mex$0.14annually
2013-12-17Mex$0.25annually
2013-04-30Mex$0.84annually

Cydsa Dividend per year

Cydsa Dividend growth

Cydsa Dividend Yield

Cydsa current trailing twelve-month (TTM) dividend yield is 3.5%. Interested in purchasing Cydsa stock? Use our calculator to estimate your expected dividend yield:

Cydsa Financial Ratios

P/E ratio5.43
PEG ratio0.21
P/B ratio680685.71
ROE18.50%
Payout ratio20.39%
Current ratio1.50
Quick ratio1.25
Cash Ratio0.32

Cydsa Dividend FAQ

Does Cydsa stock pay dividends?
Cydsa does not currently pay dividends to its shareholders.
Has Cydsa ever paid a dividend?
No, Cydsa has no a history of paying dividends to its shareholders. Cydsa is not known for its dividend payments.
Why doesn't Cydsa pay dividends?
There are several potential reasons why Cydsa would choose not to pay dividends to their shareholders:

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.
Will Cydsa ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Cydsa has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Cydsa a dividend aristocrat?
Cydsa is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cydsa a dividend king?
Cydsa is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cydsa a dividend stock?
No, Cydsa is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Cydsa stocks?
To buy Cydsa you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Cydsa 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.