Table of Contents

company-logo

Megacable Holdings, S. A. B. de C. V., together with its subsidiaries, engages in the installation, operation, and maintenance of cable television, internet, and telephone signal distribution systems. It operates through Cable, Internet, Telephony, Business, and Other segments. The company operates cable television systems in various states of Mexico; and offers high-speed Internet services to residential and commercial customers, as well as digital fixed telephony services to residential and commercial customers. It also produces and broadcasts TV programs, as well as offers distribution services from various points and channels, virtual private network, and other network services. The company provides video services to 3,412,627 subscribers; Internet services to 3,510,324 subscribers; and telephony services to 2,626,798 subscribers. It is also involved in the leasing of equipment and infrastructure for providing cable, internet, and telephone services; provision of technical, sales, and administrative staff services, as well as connectivity solutions; and operation of ‘Video rola' channel. The company was founded in 1978 and is headquartered in Guadalajara, Mexico.

Megacable Dividend Announcement

• Megacable announced a annually dividend of Mex$3.08 per ordinary share which will be made payable on . Ex dividend date: 2024-05-21
• Megacable annual dividend for 2024 was Mex$3.08
• Megacable annual dividend for 2023 was Mex$2.96
• Megacable's trailing twelve-month (TTM) dividend yield is 8.24%
• Megacable's payout ratio for the trailing twelve months (TTM) is 0.36%
• Megacable's dividend growth over the last five years (2018-2023) was 10.71% year

Megacable Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-21Mex$3.08annually
2023-05-23Mex$2.96annually
2022-05-24Mex$2.82annually
2021-05-18Mex$2.56annually
2020-05-25Mex$1.78annually
2019-05-24Mex$2.18annually
2018-05-25Mex$1.78annually
2017-05-18Mex$1.62annually
2016-05-19Mex$1.36annually
2015-05-14Mex$1.14annually
2013-12-11Mex$1.16annually
2013-10-10Mex$0.33annually
2013-05-16Mex$0.33annually
2012-11-08Mex$0.62annually

Megacable Dividend per year

Megacable Dividend growth

Megacable Dividend Yield

Megacable current trailing twelve-month (TTM) dividend yield is 8.24%. Interested in purchasing Megacable stock? Use our calculator to estimate your expected dividend yield:

Megacable Financial Ratios

P/E ratio12.73
PEG ratio-6.88
P/B ratio0.94
ROE7.35%
Payout ratio0.36%
Current ratio1.22
Quick ratio1.15
Cash Ratio0.54

Megacable Dividend FAQ

Does Megacable stock pay dividends?
Megacable does not currently pay dividends to its shareholders.
Has Megacable ever paid a dividend?
No, Megacable has no a history of paying dividends to its shareholders. Megacable is not known for its dividend payments.
Why doesn't Megacable pay dividends?
There are several potential reasons why Megacable 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 Megacable 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 Megacable 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 Megacable a dividend aristocrat?
Megacable 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 Megacable a dividend king?
Megacable 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 Megacable a dividend stock?
No, Megacable 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 Megacable stocks?
To buy Megacable 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 Megacable 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.