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 0.55%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-23 | Mex$5.20 | annually | 2024-04-25 |
2023-04-24 | Mex$5.20 | annually | 2023-04-26 |
2022-06-24 | Mex$5.20 | annually | 2022-06-28 |
2021-03-25 | Mex$4.83 | annually | 2021-03-29 |
2020-04-03 | Mex$4.81 | annually | 2020-04-07 |
2019-04-09 | Mex$4.37 | annually | 2019-04-11 |
2018-03-23 | Mex$3.50 | annually | 2018-03-27 |
2017-03-24 | Mex$3.20 | annually | 2017-03-29 |
2016-03-17 | Mex$2.50 | annually | |
2015-03-26 | Mex$2.40 | annually | |
2013-12-03 | Mex$2.30 | annually | |
2013-04-08 | Mex$2.20 | annually | |
2012-03-29 | Mex$2.00 | annually |
Grupo Elektra Dividend per year
Grupo Elektra Dividend growth
Grupo Elektra Dividend Yield
Grupo Elektra current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing Grupo Elektra stock? Use our calculator to estimate your expected dividend yield:
Grupo Elektra Financial Ratios
Grupo Elektra Dividend FAQ
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.
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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.
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.
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.