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Grupo TMM, S.A.B., together with its subsidiaries, operates as a logistics and transportation company in Mexico. It operates through four segments: Specialized Maritime Transportation, Logistics, Ports and Terminals, and Warehousing. The company offers maritime transportation services, including offshore vessels, which provide transportation and other services to the Mexican offshore oil industry; tankers that transport petroleum products in Mexican and international waters; parcel tankers, which transport liquid chemical and vegetable oil cargos from and to the United States and Mexico; and dry bulk carriers that transport unpackaged commodities, such as steel between South America, the Caribbean, and Mexico. As of March 31, 2022, it operated through a fleet of 30 vessels, which included product and chemical tankers and various offshore supply vessels. The company also provides ship repair services through two floating drydocks with a capacity of 3,000 metric tons each; port agent services to vessel owners and operators in the Mexican ports; and warehousing and bonded warehousing facility management services, as well as operates the Tuxpan, Tampico, and Acapulco port facilities that engages in the loading and unloading, storage, and shipping agency operations. In addition, it offers logistics services, including consulting, analytical, and logistics outsourcing; logistics network analysis; logistics information process design; intermodal transport; supply chain and logistics management; product handling and repackaging; local pre-assembly; container maintenance and repair; and inbound and outbound distribution using various transportation modes to automobile manufacturers and retailers. The company was founded in 1955 and is headquartered in Mexico City, Mexico.

Grupo TMMB Dividend Announcement

• Grupo TMMB does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Grupo TMMB dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Grupo TMMB Dividend History

Grupo TMMB Dividend Yield

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

Grupo TMMB Financial Ratios

P/E ratio12.69
PEG ratio0.13
P/B ratio0.45
ROE3.60%
Payout ratio0.00%
Current ratio0.95
Quick ratio0.95
Cash Ratio0.13

Grupo TMMB Dividend FAQ

Does Grupo TMMB stock pay dividends?
Grupo TMMB does not currently pay dividends to its shareholders.
Has Grupo TMMB ever paid a dividend?
No, Grupo TMMB has no a history of paying dividends to its shareholders. Grupo TMMB is not known for its dividend payments.
Why doesn't Grupo TMMB pay dividends?
There are several potential reasons why Grupo TMMB would choose not to pay dividends to their shareholders:

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.
Will Grupo TMMB ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Grupo TMMB has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Grupo TMMB a dividend aristocrat?
Grupo TMMB is not considered a Dividend Aristocrat. 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 TMMB a dividend king?
Grupo TMMB is not classified as a "Dividend King". 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 TMMB a dividend stock?
No, Grupo TMMB is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Grupo TMMB stocks?
To buy Grupo TMMB 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Grupo TMMB 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.