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Gruma, S.A.B. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, grits snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats. It markets and sells its products under the Maseca, Mission, Guerrero, Tosty, TortiRicas, Rumba, La Cima, Masa Rica, Del Fogón, Delicados, Arroz Luisiana, Tortimasa, Juana, Minsa, Mimasa, Bravos, Tronaditas, and Mexifoods brand names. The company also designs, manufactures, and commercializes machines for production of corn and wheat flour tortillas, and tortilla chips under the TORTEC and RODOTEC names; and designs and manufactures equipment for corn masa flour, such as corn milling machinery, as well as provides engineering, design, and construction services. It provides its products to retail customers, including supermarkets, mass merchandisers, membership stores, and independent stores; food service customers comprising chain restaurants, food service distributors, schools, hospitals, and military; and tortilla manufacturers and corn chip producers. The company distributes its products primarily through independent distributors and wholesalers. It has operations in Mexico, the United States, Central America, Europe, Asia, and Oceania. Gruma, S.A.B. de C.V. was founded in 1949 and is headquartered in San Pedro Garza García, Mexico.

Gruma Dividend Announcement

Gruma announced a quarterly dividend of Mex$5.04 per ordinary share which will be made payable on . Ex dividend date: 2024-07-11
Gruma annual dividend for 2024 was Mex$5.04
Gruma annual dividend for 2023 was Mex$5.48
Gruma's trailing twelve-month (TTM) dividend yield is 1.46%
Gruma's payout ratio for the trailing twelve months (TTM) is 22.08%
Gruma's dividend growth over the last five years (2018-2023) was 5.09% year

Gruma Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-11Mex$5.04quarterly
2023-12-27Mex$0.08quarterly
2023-07-05Mex$5.40quarterly
2022-07-06Mex$5.40quarterly
2022-04-06Mex$1.30quarterly
2022-01-05Mex$1.30quarterly
2021-10-06Mex$1.30quarterly
2021-04-07Mex$1.41quarterly
2021-01-06Mex$1.41quarterly
2020-10-07Mex$1.41quarterly
2020-07-08Mex$1.41quarterly
2020-04-07Mex$1.16quarterly
2020-01-08Mex$1.16quarterly
2019-10-09Mex$1.16quarterly
2019-07-10Mex$1.16quarterly
2019-04-12Mex$1.07quarterly
2019-01-11Mex$1.07quarterly
2018-10-12Mex$1.07quarterly
2018-07-13Mex$1.07quarterly
2018-04-13Mex$1.07quarterly
2018-01-12Mex$1.07quarterly
2017-10-13Mex$1.07quarterly
2017-07-13Mex$1.07quarterly
2017-04-04Mex$0.50quarterly
2017-01-05Mex$0.50quarterly
2016-10-04Mex$0.50quarterly
2016-07-05Mex$0.50quarterly
2015-07-03Mex$1.60quarterly
2014-11-12Mex$1.50quarterly
2007-05-15Mex$0.85quarterly

Gruma Dividend per year

Gruma Dividend growth

Gruma Dividend Yield

Gruma current trailing twelve-month (TTM) dividend yield is 1.46%. Interested in purchasing Gruma stock? Use our calculator to estimate your expected dividend yield:

Gruma Financial Ratios

P/E ratio12.90
PEG ratio19.79
P/B ratio3.30
ROE26.53%
Payout ratio22.08%
Current ratio1.83
Quick ratio1.02
Cash Ratio0.41

Gruma Dividend FAQ

Does Gruma stock pay dividends?
Gruma does not currently pay dividends to its shareholders.
Has Gruma ever paid a dividend?
No, Gruma has no a history of paying dividends to its shareholders. Gruma is not known for its dividend payments.
Why doesn't Gruma pay dividends?
There are several potential reasons why Gruma 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 Gruma 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 Gruma 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 Gruma a dividend aristocrat?
Gruma 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 Gruma a dividend king?
Gruma 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 Gruma a dividend stock?
No, Gruma 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 Gruma stocks?
To buy Gruma 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 Gruma 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.