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Grupo Carso, S.A.B. de C.V., together with its subsidiaries, engages in the commercial, industrial, infrastructure and construction, and energy sectors. It operates through Commercial and Consumer, Industrial and Manufacturing, Infrastructure and Construction, and Energy divisions. The company's Commercial and Consumption division operates department stores and boutiques, gift shops, shops and restaurants, electronic, entertainment, and technology stores under the Sears, Sanborns, iShop, Mixup, Claro Shop, and Saks Fifth Avenue brands. The company's Industrial and Manufacturing division provides cables, such as energy, telephony, electronic, coaxial, and fiber optics for application in mining, automotive, and other; electric harnesses for automotive industry; precision steel tubing; power transformers; and alternate energy. It serves customers under the Condumex, Latincasa, Vinanel, Condulac, IEM, Precitubo, Sitcom, Microm, Sinergia, Equiter, and Logtec brands. The company's Infrastructure and Construction division constructs roads, tunnels, water treatment plants, and general infrastructure works; oil and geothermic well drilling and drilling services; and offshore platforms and rigs for chemical and petroleum industries. It also constructs commercial centers, industrial plants, and office and apartment buildings; and telecommunication facilities, gas pipelines, and aqueducts under the CICSA, Swecomex, Bronco Drilling, Cilsa, GSM, PC Construcciones, and Urvitec brands. The company's Energy division engages in the gas transportation services; and exploration and production of oil, gas, and other hydrocarbons, as well as explores geothermal energy under the Carso Energy, Carso Oil & Gas, and Carso Electric brands. It serves customers in Mexico; North America; Central America, South America, and the Caribbean; Europe; and internationally. Grupo Carso, S.A.B. de C.V. is incorporated in 1980 and is headquartered in Mexico City, Mexico.

Grupo Carso Dividend Announcement

Grupo Carso announced a quarterly dividend of Mex$1.50 per ordinary share which will be made payable on . Ex dividend date: 2024-06-27
Grupo Carso annual dividend for 2024 was Mex$1.50
Grupo Carso annual dividend for 2023 was Mex$2.40
Grupo Carso's trailing twelve-month (TTM) dividend yield is 1.74%
Grupo Carso's payout ratio for the trailing twelve months (TTM) is 24.64%

Grupo Carso Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-27Mex$1.50quarterly
2023-12-18Mex$0.60quarterly
2023-06-28Mex$0.60quarterly
2023-06-22Mex$1.20quarterly
2022-12-23Mex$0.50quarterly
2022-05-30Mex$1.00quarterly
2021-06-24Mex$0.96quarterly
2019-12-18Mex$0.47quarterly
2019-06-26Mex$0.47quarterly
2018-12-19Mex$0.46quarterly
2018-06-27Mex$0.46quarterly
2017-11-28Mex$0.45quarterly
2017-11-27Mex$0.45quarterly
2017-06-27Mex$0.45quarterly
2016-10-11Mex$0.44quarterly
2016-05-26Mex$0.44quarterly
2015-10-12Mex$0.42quarterly
2015-05-11Mex$0.42quarterly
2014-10-10Mex$0.40quarterly
2014-05-09Mex$0.40quarterly
2013-10-30Mex$4.00quarterly
2013-10-10Mex$0.35quarterly
2013-05-09Mex$0.35quarterly
2012-10-11Mex$0.30quarterly
2012-05-10Mex$0.30quarterly

Grupo Carso Dividend per year

Grupo Carso Dividend growth

Grupo Carso Dividend Yield

Grupo Carso current trailing twelve-month (TTM) dividend yield is 1.74%. Interested in purchasing Grupo Carso stock? Use our calculator to estimate your expected dividend yield:

Grupo Carso Financial Ratios

P/E ratio19.32
PEG ratio0.09
P/B ratio1.98
ROE10.62%
Payout ratio24.64%
Current ratio1.76
Quick ratio1.28
Cash Ratio0.28

Grupo Carso Dividend FAQ

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