Promotora y Operadora de Infraestructura, S. A. B. de C. V. engages in the construction, operation, maintenance, financing, and promotion of infrastructure projects in Mexico. Its projects include heavy construction projects, such as toll roads, ports, tunnels, dams, bridges, airports, and railways; industrial construction projects comprising petrochemical, industrial, wastewater treatment, and power generating plants; and urban construction projects, such as parking lots, museums, parks, education centers, buildings, water systems, public transportation systems, landfills, and hospitals. The company produces various asphalt concretes; basalt aggregates, including gravel, sand, seal, ballast, hydraulic base, sub-base, and tepetate; and central guard rails for roads, and various other precast concrete materials, as well as exploits stone aggregates. In addition, the company provides services, such as reception, storage, and shipment of goods; hauling or transfer of goods; loading and unloading ships; container filling and emptying; general cargo storage; and mooring and unmooring of ropes, as well as foreign trade merchandise handling, storage, and custody services. Promotora y Operadora de Infraestructura, S. A. B. de C. V. was founded in 1969 and is based in Mexico City, Mexico.
Promotora y Operadora de Infraestructura Dividend Announcement
• Promotora y Operadora de Infraestructura announced a semi annually dividend of $2.40 per ordinary share which will be made payable on . Ex dividend date: 2024-11-07
• Promotora y Operadora de Infraestructura annual dividend for 2024 was $2.40
• Promotora y Operadora de Infraestructura annual dividend for 2023 was $6.14
• Promotora y Operadora de Infraestructura's trailing twelve-month (TTM) dividend yield is 1.74%
• Promotora y Operadora de Infraestructura's payout ratio for the trailing twelve months (TTM) is 12.38%
• Promotora y Operadora de Infraestructura's dividend growth over the last five years (2018-2023) was 4.94% year
Promotora y Operadora de Infraestructura Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $2.40 | semi annually | |
2023-12-20 | $3.06 | semi annually | 2024-01-03 |
2023-06-21 | $3.07 | semi annually | 2023-06-28 |
2022-12-30 | $5.35 | semi annually | 2023-01-10 |
2022-09-15 | $2.56 | semi annually | 2022-09-22 |
2021-12-31 | $2.35 | semi annually | 2022-01-07 |
2021-09-10 | $2.40 | semi annually | 2021-09-24 |
2020-10-15 | $4.37 | semi annually | 2020-10-23 |
2019-03-22 | $4.90 | semi annually | 2019-04-01 |
2018-07-18 | $3.69 | semi annually | 2018-07-26 |
2018-06-14 | $1.13 | semi annually | 2018-06-25 |
2017-05-02 | $2.01 | semi annually | 2017-05-11 |
2017-03-29 | $1.97 | semi annually | |
2016-01-28 | $1.01 | semi annually |
Promotora y Operadora de Infraestructura Dividend per year
Promotora y Operadora de Infraestructura Dividend growth
Promotora y Operadora de Infraestructura Dividend Yield
Promotora y Operadora de Infraestructura current trailing twelve-month (TTM) dividend yield is 1.74%. Interested in purchasing Promotora y Operadora de Infraestructura stock? Use our calculator to estimate your expected dividend yield:
Promotora y Operadora de Infraestructura Financial Ratios
Promotora y Operadora de Infraestructura Dividend FAQ
Other factors to consider when evaluating Promotora y Operadora de Infraestructura 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: Promotora y Operadora de Infraestructura'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, Promotora y Operadora de Infraestructura 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, Promotora y Operadora de Infraestructura 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 Promotora y Operadora de Infraestructura 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: Promotora y Operadora de Infraestructura 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, Promotora y Operadora de Infraestructura distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Promotora y Operadora de Infraestructura 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 Promotora y Operadora de Infraestructura'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 Promotora y Operadora de Infraestructura'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.