Grupo Profuturo, S.A.B. de C.V. manages the retirement funds of workers affiliated to the IMSS and ISSSTE in Mexico. It also offers loans to Profuturo pensioners and IMSS pensioners, as well as to Grupo Bal employees through payroll discounts; and advisory services to manage pension. The company is based in Mexico City, Mexico.
Grupo Profuturo Dividend Announcement
• Grupo Profuturo announced a annually dividend of Mex$7.05 per ordinary share which will be made payable on . Ex dividend date: 2024-05-13 • Grupo Profuturo annual dividend for 2024 was Mex$7.05 • Grupo Profuturo annual dividend for 2023 was Mex$6.67 • Grupo Profuturo's trailing twelve-month (TTM) dividend yield is 7.58% • Grupo Profuturo's payout ratio for the trailing twelve months (TTM) is 57.30% • Grupo Profuturo's dividend growth over the last five years (2018-2023) was 9.64% year
Grupo Profuturo current trailing twelve-month (TTM) dividend yield is 7.58%. Interested in purchasing Grupo Profuturo stock? Use our calculator to estimate your expected dividend yield:
Grupo Profuturo Financial Ratios
P/E ratio7.56
PEG ratio0.11
P/B ratio2.17
ROE29.56%
Payout ratio57.30%
Current ratio25.30
Quick ratio25.30
Cash Ratio2.50
Grupo Profuturo Dividend FAQ
How much is the next Grupo Profuturo dividend?
Grupo Profuturo'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 Profuturo dividend. The next Grupo Profuturo dividend will be released in August.
When is Grupo Profuturo dividend paid?
Grupo Profuturo pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Profuturo pay?
The specific amount of Grupo Profuturo 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 Profuturo's dividend history.
Does Grupo Profuturo stock pay dividends?
Yes, Grupo Profuturo 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 Profuturo's dividend history.
How much dividend does Grupo Profuturo pay?
Grupo Profuturo paid Mex$7.05 in 2024, Mex$6.67 in 2023, Mex$9.13 in 2022, Mex$8.77 in 2021, and Mex$5.27 in 2020.
How often does Grupo Profuturo pay dividends?
Grupo Profuturo 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 August.
What is Grupo Profuturo's dividend yield?
The current dividend yield for Grupo Profuturo is 7.58%. 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 Profuturo's exact dividend yield.
When does Grupo Profuturo go ex dividend?
Grupo Profuturo's ex-dividend date for the latest dividend was on 2024-05-13. Grupo Profuturo 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 Profuturo dividend paid?
Grupo Profuturo pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Grupo Profuturo 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 Profuturo 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 Profuturo dividend per share?
Grupo Profuturo paid Mex$7.05 per share in 2024 and Mex$6.67 per share in 2023. The amount of dividend per share that Grupo Profuturo 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 Profuturo 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 Profuturo 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 Profuturo a dividend stock?
Yes, Grupo Profuturo is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grupo Profuturo a good dividend stock?
Whether Grupo Profuturo 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 Profuturo has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Grupo Profuturo 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 Profuturo pay dividends monthly?
Grupo Profuturo typically pays dividends on a annually basis.
Does Grupo Profuturo pay dividends quarterly?
Grupo Profuturo currently pays dividends on a annually basis.
Has Grupo Profuturo ever paid a dividend?
Yes, Grupo Profuturo has a history of paying dividends to its shareholders. Grupo Profuturo is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grupo Profuturo dividend stocks?
To buy Grupo Profuturo 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 Profuturo 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 Profuturo pay dividends 2024?
Grupo Profuturo pays dividends on a annually basis. 2024 dividend payments are in . 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 Profuturo increase its dividend in 2024?
Decisions regarding Grupo Profuturo 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 Profuturo dividend overview you can look into the above table of dividend history.
How Grupo Profuturo dividend works?
The Grupo Profuturo 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 Profuturo's dividend process works:
1. Determination of Dividend: Grupo Profuturo'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 Profuturo 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 Profuturo 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 Profuturo 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 Profuturo dividends paid?
Grupo Profuturo dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Grupo Profuturo 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 Profuturo 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 Profuturo 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 Profuturo pay dividends?
Grupo Profuturo 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 Profuturo pay dividends?
The general pattern is that Grupo Profuturo pays dividends around August. 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 Profuturo dividend safe?
The safety of Grupo Profuturo'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 Profuturo'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 Profuturo'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.