Best Mexican Dividend Stocks: For High Returns in 2024
Investing in dividend stocks from Mexico offers a unique opportunity to benefit from the growth potential of Latin America’s second-largest economy while receiving regular income through dividends. Mexico’s stock market, led by a diverse set of industries like telecommunications, consumer goods, transportation, and financial services, includes companies that have demonstrated solid dividend-paying records. Whether you’re looking for growth in sectors such as consumer staples, infrastructure, or media, these dividend-paying stocks offer various ways to capitalize on Mexico's vibrant economy.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Alfa | 0.06% | 0.00% | -7.14% | 0.54% | -0.20% | -9.64% | -20.25% |
| ALPEKB | 0.45% | -37.76% | -2.90% | 0.96% | -0.34% | 0.00% | 0.00% |
| América Móvil | 3.37% | 77.27% | 26.69% | 2.07% | 0.10% | 10.47% | 4.47% |
| Banco del Bajío Institución de Banca Múltiple | 12.48% | 75.17% | 4.84% | 1.23% | 0.26% | 0.00% | 0.00% |
| Betterware de México | 12.09% | 107.09% | 10.27% | 7.69% | 0.62% | 0.00% | 0.00% |
| CEMEX | 0.71% | 40.05% | 19.72% | 0.73% | 0.04% | 0.00% | 0.00% |
| Coca-Cola FEMSA | 0.20% | 0.00% | 15.76% | 2.45% | 0.17% | 13.40% | 3.46% |
| Fomento Económico Mexicano | 0.17% | 91.96% | 350.16% | 21.96% | 0.06% | 6.93% | 4.00% |
| Grupo Aeroportuario del Centro Norte | 0.32% | 42.13% | 16.28% | 8.84% | 0.53% | 20.87% | 15.68% |
| Grupo Aeroportuario del Pacífico | 0.24% | 42.52% | 227.65% | 99.49% | 0.44% | 11.96% | 11.87% |
| Grupo Aeroportuario del Sureste | 4.57% | 73.20% | 12.65% | 3.19% | 0.27% | 27.60% | 0.00% |
| Grupo Elektra | 1.11% | 89.95% | 81.11% | 1.11% | 0.01% | 8.24% | 10.03% |
| Grupo Televisa | 1.40% | -14.41% | -14.35% | 0.90% | -0.06% | 1.16% | -2.51% |
| Megacable | 8.24% | 0.36% | 12.73% | 0.94% | 0.07% | 10.71% | 16.91% |