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 | -% | 0.00% | -16.95% | 2.68% | -0.10% | 31.95% | -20.25% |
| ALPEKB | 10.22% | -498.54% | -32.62% | 0.88% | -0.03% | -1.64% | 0.00% |
| América Móvil | 0.17% | 38.47% | 25.10% | 1.94% | 0.09% | 6.68% | 3.34% |
| Banco del Bajío Institución de Banca Múltiple | 12.35% | 61.83% | 5.01% | 1.17% | 0.25% | 0.00% | 0.00% |
| Betterware de México | 9.69% | 107.09% | 9.39% | 7.02% | 0.62% | 0.00% | 0.00% |
| CEMEX | 1.02% | 33.36% | 2.05% | 0.08% | 0.04% | 0.00% | 0.00% |
| Coca-Cola FEMSA | 0.18% | 3.28% | 17.18% | 2.67% | 0.17% | 12.08% | 4.02% |
| Fomento Económico Mexicano | 0.20% | 57.40% | 35.70% | 2.23% | 0.06% | 15.30% | 4.00% |
| Grupo Aeroportuario del Centro Norte | 0.30% | 42.13% | 15.28% | 8.29% | 0.53% | 20.87% | 15.68% |
| Grupo Aeroportuario del Pacífico | 0.19% | 42.52% | 22.30% | 9.73% | 0.44% | 11.96% | 11.87% |
| Grupo Aeroportuario del Sureste | 4.46% | 73.20% | 13.12% | 3.31% | 0.27% | 27.60% | 0.00% |
| Grupo Elektra | 1.51% | 89.95% | 59.54% | 0.82% | 0.01% | 3.52% | 10.03% |
| Grupo Televisa | 6.18% | -14.41% | -2.47% | 0.15% | -0.06% | 1.16% | -2.51% |
| Megacable | 6.98% | 0.36% | 15.05% | 1.11% | 0.07% | 7.16% | 16.91% |