Grupo Lamosa, S.A.B. de C.V., together with its subsidiaries, engages in the manufacture and commercialization of ceramic products for floor and wall coverings, and adhesive for ceramic tiles in North America, Central America, and South America. The company operates in Ceramic and Adhesive segments. It offers floor and wall coverings, tiles, baseboards, technical and porcelain enamel tiles, and special pieces; adhesives for installing wall and floor coverings, grouts, stuccos and texturized finishes, waterproofing materials, and other specialized products, as well as specialized mortars for construction industry needs. The company markets its floor and wall tiles under the Porcelanite, Lamosa, Itálica, Firenze Tecnoarte, and Cordillera brand names; and adhesives under the Crest, Impercrest, Perdura, Niasa, and Porcelanite brands. Grupo Lamosa, S.A.B. de C.V. was founded in 1890 and is based in San Pedro Garza García, Mexico.
Grupo Lamosa Dividend Announcement
• Grupo Lamosa announced a annually dividend of Mex$1.80 per ordinary share which will be made payable on . Ex dividend date: 2024-04-08
• Grupo Lamosa annual dividend for 2024 was Mex$1.80
• Grupo Lamosa annual dividend for 2023 was Mex$1.45
• Grupo Lamosa's trailing twelve-month (TTM) dividend yield is 1.51%
• Grupo Lamosa's payout ratio for the trailing twelve months (TTM) is 102.66%
• Grupo Lamosa's dividend growth over the last five years (2018-2023) was 15.68% year
• Grupo Lamosa's dividend growth over the last ten years (2013-2023) was 21.91% year
Grupo Lamosa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-08 | Mex$1.80 | annually | |
2023-04-05 | Mex$1.45 | annually | 2023-04-11 |
2022-03-30 | Mex$1.15 | annually | 2022-04-01 |
2021-03-23 | Mex$0.91 | annually | 2021-03-25 |
2020-03-31 | Mex$0.83 | annually | 2020-04-02 |
2019-04-29 | Mex$0.77 | annually | 2019-05-02 |
2018-04-04 | Mex$0.70 | annually | 2018-04-06 |
2017-03-30 | Mex$0.60 | annually | 2017-04-04 |
2016-04-13 | Mex$0.40 | annually | |
2015-04-08 | Mex$0.29 | annually | |
2014-07-30 | Mex$0.27 | annually | |
2013-03-26 | Mex$0.20 | annually |
Grupo Lamosa Dividend per year
Grupo Lamosa Dividend growth
Grupo Lamosa Dividend Yield
Grupo Lamosa current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing Grupo Lamosa stock? Use our calculator to estimate your expected dividend yield:
Grupo Lamosa Financial Ratios
Grupo Lamosa Dividend FAQ
Other factors to consider when evaluating Grupo Lamosa 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 Lamosa'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 Lamosa 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 Lamosa 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 Lamosa 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 Lamosa 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 Lamosa 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 Lamosa 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 Lamosa'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 Lamosa'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.