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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | Mex$1.50 | quarterly | |
2023-12-18 | Mex$0.60 | quarterly | |
2023-06-28 | Mex$0.60 | quarterly | |
2023-06-22 | Mex$1.20 | quarterly | |
2022-12-23 | Mex$0.50 | quarterly | |
2022-05-30 | Mex$1.00 | quarterly | |
2021-06-24 | Mex$0.96 | quarterly | |
2019-12-18 | Mex$0.47 | quarterly | |
2019-06-26 | Mex$0.47 | quarterly | |
2018-12-19 | Mex$0.46 | quarterly | |
2018-06-27 | Mex$0.46 | quarterly | |
2017-11-28 | Mex$0.45 | quarterly | |
2017-11-27 | Mex$0.45 | quarterly | |
2017-06-27 | Mex$0.45 | quarterly | |
2016-10-11 | Mex$0.44 | quarterly | |
2016-05-26 | Mex$0.44 | quarterly | |
2015-10-12 | Mex$0.42 | quarterly | |
2015-05-11 | Mex$0.42 | quarterly | |
2014-10-10 | Mex$0.40 | quarterly | |
2014-05-09 | Mex$0.40 | quarterly | |
2013-10-30 | Mex$4.00 | quarterly | |
2013-10-10 | Mex$0.35 | quarterly | |
2013-05-09 | Mex$0.35 | quarterly | |
2012-10-11 | Mex$0.30 | quarterly | |
2012-05-10 | Mex$0.30 | quarterly |
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
Grupo Carso Dividend FAQ
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.
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