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Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.

Fomento Económico Mexicano Dividend Announcement

Fomento Económico Mexicano announced a quarterly dividend of $0.96 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-10-16
Fomento Económico Mexicano annual dividend for 2024 was $3.11
Fomento Económico Mexicano annual dividend for 2023 was $2.08
Fomento Económico Mexicano's trailing twelve-month (TTM) dividend yield is 0.2%
Fomento Económico Mexicano's payout ratio for the trailing twelve months (TTM) is 64.44%
Fomento Económico Mexicano's dividend growth over the last five years (2018-2023) was 6.93% year

Fomento Económico Mexicano Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-16$0.96quarterly2024-10-28
2024-07-17$1.02quarterly2024-07-29
2024-04-16$1.13quarterly2024-04-29
2023-11-03$1.07quarterly2023-11-17
2023-05-04$1.01quarterly2023-05-18
2022-11-03$0.83quarterly2022-11-17
2022-05-03$0.82quarterly2022-05-16
2021-11-03$0.55quarterly2021-11-15
2021-05-04$0.58quarterly2021-05-17
2020-11-03$0.73quarterly2020-11-16
2020-08-18$0.68quarterly2020-08-31
2019-11-01$0.76quarterly2019-11-18
2019-05-03$0.77quarterly2019-05-17
2018-11-02$0.73quarterly2018-11-16
2018-05-02$0.76quarterly2018-05-14
2017-11-03$0.68quarterly2017-11-13
2017-05-02$0.69quarterly2017-05-15
2016-10-28$0.68quarterly2016-11-14
2016-05-02$0.72quarterly2016-05-16
2015-11-02$0.67quarterly2015-11-16
2015-05-04$0.74quarterly2015-05-18
2013-12-13$1.54quarterly2013-12-30
2013-11-04$0.78quarterly2013-11-18
2013-05-02$0.82quarterly2013-05-17
2012-11-01$0.70quarterly2012-11-16
2012-04-30$0.70quarterly2012-05-14

Fomento Económico Mexicano Dividend per year

Fomento Económico Mexicano Dividend growth

Fomento Económico Mexicano Dividend Yield

Fomento Económico Mexicano current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Fomento Económico Mexicano stock? Use our calculator to estimate your expected dividend yield:

Fomento Económico Mexicano Financial Ratios

P/E ratio259.02
PEG ratio5.60
P/B ratio24.15
ROE9.27%
Payout ratio64.44%
Current ratio1.72
Quick ratio1.44
Cash Ratio0.59

Fomento Económico Mexicano Dividend FAQ

How much is the next Fomento Económico Mexicano dividend?
Fomento Económico Mexicano's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Fomento Económico Mexicano dividend. The next Fomento Económico Mexicano dividend will be released in May, or November.
When is Fomento Económico Mexicano dividend paid?
Fomento Económico Mexicano pays dividends on a quarterly basis. The specific dates may vary each year but are generally around May, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Fomento Económico Mexicano pay?
The specific amount of Fomento Económico Mexicano dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fomento Económico Mexicano's dividend history.
Does Fomento Económico Mexicano stock pay dividends?
Yes, Fomento Económico Mexicano does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fomento Económico Mexicano's dividend history.
How much dividend does Fomento Económico Mexicano pay?
Fomento Económico Mexicano paid $3.111 in 2024, $2.084 in 2023, $1.656 in 2022, $1.124 in 2021, and $1.408 in 2020.
How often does Fomento Económico Mexicano pay dividends?
Fomento Económico Mexicano typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around May, and November.
What is Fomento Económico Mexicano's dividend yield?
The current dividend yield for Fomento Económico Mexicano is 0.2%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Fomento Económico Mexicano's exact dividend yield.
When does Fomento Económico Mexicano go ex dividend?
Fomento Económico Mexicano's ex-dividend date for the latest dividend was on 2024-10-16. Fomento Económico Mexicano typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Fomento Económico Mexicano dividend paid?
Fomento Económico Mexicano pays dividends on a quarterly basis, typically around May, or November, but the exact dates can vary each year.
Will Fomento Económico Mexicano increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Fomento Económico Mexicano will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Fomento Económico Mexicano dividend per share?
Fomento Económico Mexicano paid $3.111 per share in 2024 and $2.084 per share in 2023. The amount of dividend per share that Fomento Económico Mexicano pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Fomento Económico Mexicano a dividend aristocrat?
No, 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 Fomento Económico Mexicano a dividend king?
No, 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 Fomento Económico Mexicano a dividend stock?
Yes, Fomento Económico Mexicano is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Fomento Económico Mexicano a good dividend stock?
Whether Fomento Económico Mexicano is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Fomento Económico Mexicano has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Fomento Económico Mexicano 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.
Does Fomento Económico Mexicano pay dividends monthly?
Fomento Económico Mexicano typically pays dividends on a quarterly basis.
Does Fomento Económico Mexicano pay dividends quarterly?
Fomento Económico Mexicano currently pays dividends on a quarterly basis.
Has Fomento Económico Mexicano ever paid a dividend?
Yes, Fomento Económico Mexicano has a history of paying dividends to its shareholders. Fomento Económico Mexicano is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fomento Económico Mexicano dividend stocks?
To buy Fomento Económico Mexicano 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Fomento Económico Mexicano 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.
When does Fomento Económico Mexicano pay dividends 2024?
Fomento Económico Mexicano pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Fomento Económico Mexicano increase its dividend in 2024?
Decisions regarding Fomento Económico Mexicano dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Fomento Económico Mexicano dividend overview you can look into the above table of dividend history.
How Fomento Económico Mexicano dividend works?
The Fomento Económico Mexicano dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Fomento Económico Mexicano's dividend process works:

1. Determination of Dividend: Fomento Económico Mexicano'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, Fomento Económico Mexicano 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, Fomento Económico Mexicano 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 Fomento Económico Mexicano 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.
How are Fomento Económico Mexicano dividends paid?
Fomento Económico Mexicano dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Fomento Económico Mexicano 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, Fomento Económico Mexicano distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Fomento Económico Mexicano 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.
How many times does Fomento Económico Mexicano pay dividends?
Fomento Económico Mexicano typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Fomento Económico Mexicano pay dividends?
The general pattern is that Fomento Económico Mexicano pays dividends around May, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Fomento Económico Mexicano dividend safe?
The safety of Fomento Económico Mexicano's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Fomento Económico Mexicano'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 Fomento Económico Mexicano'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.