Betterware de Mexico SAPI de C (BWMX) to Issue Quarterly Dividend of $0.34 on November 19th

Betterware de Mexico SAPI de C (NYSE:BWMX – Get Free Report) announced a quarterly dividend on Friday, October 16th. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.3424 per share on Thursday, November 19th. This represents a $1.37 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Thursday, November 5th. This is a 5.3% increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.3252.

Betterware de Mexico SAPI de C Price Performance

BWMX opened at $17.45 on Tuesday. Betterware de Mexico SAPI de C has a 1 year low of $13.41 and a 1 year high of $19.79. The company’s 50 day simple moving average is $16.25 and its 200 day simple moving average is $17.23. The stock has a market capitalization of $689.30 million, a PE ratio of 8.95 and a beta of 0.99. The company has a debt-to-equity ratio of 2.51, a quick ratio of 0.47 and a current ratio of 0.99.

Betterware de Mexico SAPI de C (NYSE:BWMX – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.17). The firm had revenue of $267.27 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 70.20% and a net margin of 8.08%. As a group, sell-side analysts expect that Betterware de Mexico SAPI de C will post 2.35 EPS for the current year.

About Betterware de Mexico SAPI de C

(Get Free Report)

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, distributes and sells products for the home, personal care and beauty markets. Its Betterware brand is known primarily for home-organization, kitchen, cleaning, storage and lifestyle products.

The company sells through a network of independent distributors and representatives, supported by product catalogs, digital commerce and other direct-selling channels. This model allows Betterware to reach consumers across Mexico and provides distributors with product, ordering and promotional support.

In 2022, Betterware de México expanded its business through the acquisition of JAFRA, an international direct-selling beauty company.

See Also

Dividend History for Betterware de Mexico SAPI de C (NYSE:BWMX)

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