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 | 0.87% | 0.00% | -8.50% | 0.64% | -0.20% | 31.95% | -20.25% |
| ALPEKB | 8.16% | -37.76% | -3.10% | 1.03% | -0.34% | -1.64% | 0.00% |
| América Móvil | 0.16% | 38.47% | 517.19% | 39.96% | 0.09% | 6.68% | 3.34% |
| Banco del Bajío Institución de Banca Múltiple | 11.84% | 61.83% | 5.22% | 1.22% | 0.25% | 0.00% | 0.00% |
| Betterware de México | 12.66% | 107.09% | 9.84% | 7.36% | 0.62% | 0.00% | 0.00% |
| CEMEX | 0.92% | -2.27% | -1.49% | 0.82% | -0.57% | 0.00% | 0.00% |
| Coca-Cola FEMSA | 0.19% | 3.28% | 166.57% | 25.88% | 0.17% | 12.08% | 4.02% |
| Fomento Económico Mexicano | 0.21% | 57.40% | 34.27% | 2.15% | 0.06% | 15.30% | 4.00% |
| Grupo Aeroportuario del Centro Norte | 0.29% | 42.13% | 126.59% | 68.65% | 0.53% | 20.87% | 15.68% |
| Grupo Aeroportuario del Pacífico | 0.18% | 42.52% | 228.19% | 99.62% | 0.44% | 11.96% | 11.87% |
| Grupo Aeroportuario del Sureste | 0.21% | 73.20% | 136.06% | 34.26% | 0.27% | 27.60% | 0.00% |
| Grupo Elektra | 1.52% | 89.95% | 59.20% | 0.81% | 0.01% | 3.52% | 10.03% |
| Grupo Televisa | 1.29% | -14.41% | -15.56% | 0.97% | -0.06% | 1.16% | -2.51% |
| Megacable | 6.89% | 0.36% | 15.23% | 1.12% | 0.07% | 7.16% | 16.91% |