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Grupo Elektra, S.A.B. de C.V. operates as a financial services and specialty retailing company in Latin America, as well as a short-term non-bank loan provider in the United States. The company's Commercial Business segment engages in the sale of motorcycles, cell phones, small household and major appliances, electronics, furniture, car batteries, computers, entertainment systems, and electronic money transfers. Its Financial Business segment provides consumer credit, personal loans, commercial loans, savings and time deposits, credit cards, and other consumer financing services; accident, health, and life insurance products; pension fund management; full brokerage services; and cash advance services. The company operates approximately 6,600 points of contact in Mexico, the United States, Guatemala, Honduras, Panama, and Peru. Grupo Elektra, S.A.B. de C.V. was founded in 1950 and is based in Mexico City, Mexico.

Grupo Elektra Dividend Announcement

Grupo Elektra announced a annually dividend of Mex$5.20 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2024-04-23
Grupo Elektra annual dividend for 2024 was Mex$5.20
Grupo Elektra annual dividend for 2023 was Mex$5.20
Grupo Elektra's trailing twelve-month (TTM) dividend yield is 1.11%
Grupo Elektra's payout ratio for the trailing twelve months (TTM) is 89.95%
Grupo Elektra's dividend growth over the last five years (2018-2023) was 8.24% year

Grupo Elektra Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-23Mex$5.20annually2024-04-25
2023-04-24Mex$5.20annually2023-04-26
2022-06-24Mex$5.20annually2022-06-28
2021-03-25Mex$4.83annually2021-03-29
2020-04-03Mex$4.81annually2020-04-07
2019-04-09Mex$4.37annually2019-04-11
2018-03-23Mex$3.50annually2018-03-27
2017-03-24Mex$3.20annually2017-03-29
2016-03-17Mex$2.50annually
2015-03-26Mex$2.40annually
2013-12-03Mex$2.30annually
2013-04-08Mex$2.20annually
2012-03-29Mex$2.00annually

Grupo Elektra Dividend per year

Grupo Elektra Dividend growth

Grupo Elektra Dividend Yield

Grupo Elektra current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Grupo Elektra stock? Use our calculator to estimate your expected dividend yield:

Grupo Elektra Financial Ratios

P/E ratio81.11
PEG ratio2.84
P/B ratio1.11
ROE1.38%
Payout ratio89.95%
Current ratio0.87
Quick ratio0.81
Cash Ratio0.13

Grupo Elektra Dividend FAQ

How much is the next Grupo Elektra dividend?
Grupo Elektra's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grupo Elektra dividend. The next Grupo Elektra dividend will be released in April.
When is Grupo Elektra dividend paid?
Grupo Elektra pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Grupo Elektra pay?
The specific amount of Grupo Elektra 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 Grupo Elektra's dividend history.
Does Grupo Elektra stock pay dividends?
Yes, Grupo Elektra 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 Grupo Elektra's dividend history.
How much dividend does Grupo Elektra pay?
Grupo Elektra paid Mex$5.2 in 2024, Mex$5.2 in 2023, Mex$5.2 in 2022, Mex$4.829 in 2021, and Mex$4.81 in 2020.
How often does Grupo Elektra pay dividends?
Grupo Elektra typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Grupo Elektra's dividend yield?
The current dividend yield for Grupo Elektra is 1.11%. 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 Grupo Elektra's exact dividend yield.
When does Grupo Elektra go ex dividend?
Grupo Elektra's ex-dividend date for the latest dividend was on 2024-04-23. Grupo Elektra 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 Grupo Elektra dividend paid?
Grupo Elektra pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Grupo Elektra 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 Grupo Elektra 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 Grupo Elektra dividend per share?
Grupo Elektra paid Mex$5.2 per share in 2024 and Mex$5.2 per share in 2023. The amount of dividend per share that Grupo Elektra 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 Grupo Elektra 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 Grupo Elektra 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 Grupo Elektra a dividend stock?
Yes, Grupo Elektra is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grupo Elektra a good dividend stock?
Whether Grupo Elektra is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grupo Elektra has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Grupo Elektra 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 Grupo Elektra pay dividends monthly?
Grupo Elektra typically pays dividends on a annually basis.
Does Grupo Elektra pay dividends quarterly?
Grupo Elektra currently pays dividends on a annually basis.
Has Grupo Elektra ever paid a dividend?
Yes, Grupo Elektra has a history of paying dividends to its shareholders. Grupo Elektra is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grupo Elektra dividend stocks?
To buy Grupo Elektra 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 Grupo Elektra 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 Grupo Elektra pay dividends 2024?
Grupo Elektra pays dividends on a annually basis. 2024 dividend payments are in 2024-04-25. 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 Grupo Elektra increase its dividend in 2024?
Decisions regarding Grupo Elektra 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 Grupo Elektra dividend overview you can look into the above table of dividend history.
How Grupo Elektra dividend works?
The Grupo Elektra 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 Grupo Elektra's dividend process works:

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

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

3. Currency: Grupo Elektra 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 Grupo Elektra pay dividends?
Grupo Elektra typically pays dividends on a annually 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 Grupo Elektra pay dividends?
The general pattern is that Grupo Elektra pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Grupo Elektra dividend safe?
The safety of Grupo Elektra'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 Grupo Elektra'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 Grupo Elektra'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.