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% | -6.41% | 2.78% | -0.44% | -9.64% | -20.57% |
| ALPEKB | 0.44% | -37.76% | -2.95% | 0.98% | -0.34% | 0.00% | 0.00% |
| América Móvil | 4.94% | 77.27% | 27.39% | 2.12% | 0.10% | 10.47% | 4.47% |
| Banco del Bajío Institución de Banca Múltiple | 13.23% | 75.17% | 4.57% | 1.16% | 0.26% | 0.00% | 0.00% |
| Betterware de México | 16.46% | 107.09% | 10.90% | 8.15% | 0.62% | 0.00% | 0.00% |
| CEMEX | 1.10% | 40.05% | 19.08% | 0.71% | 0.04% | 0.00% | 0.00% |
| Coca-Cola FEMSA | 4.17% | 42.58% | 15.18% | 2.36% | 0.17% | 12.94% | -3.42% |
| Fomento Económico Mexicano | 0.20% | 64.44% | 258.93% | 24.15% | 0.09% | 6.93% | 4.00% |
| Grupo Aeroportuario del Centro Norte | 3.99% | 42.65% | 12.79% | 6.94% | 0.53% | 20.87% | 15.68% |
| Grupo Aeroportuario del Pacífico | 0.17% | 43.27% | 208.17% | 90.88% | 0.44% | 11.96% | 11.87% |
| Grupo Aeroportuario del Sureste | 6.74% | 73.20% | 12.71% | 3.21% | 0.27% | 27.60% | 0.00% |
| Grupo Elektra | 0.55% | 89.95% | 163.11% | 2.24% | 0.01% | 8.24% | 10.03% |
| Grupo Televisa | 1.29% | -14.41% | -15.59% | 0.97% | -0.06% | 1.16% | -2.51% |
| Megacable | 7.73% | 0.36% | 13.58% | 1.00% | 0.07% | 10.71% | 16.91% |