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FMX (Fomento Economico MexicanoB de CV) Dividend Yield % : 4.24% (As of Oct. 31, 2024)


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What is Fomento Economico MexicanoB de CV Dividend Yield %?

As of today (2024-10-31), the Trailing Annual Dividend Yield of Fomento Economico MexicanoB de CV is 4.24%.

Good Sign:

Fomento Economico Mexicano SAB de CV stock dividend yield is close to 10-year high.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Dividend Yield % or its related term are showing as below:

FMX' s Dividend Yield % Range Over the Past 10 Years
Min: 0.66   Med: 1.52   Max: 6.24
Current: 4.24

During the past 13 years, the highest Dividend Yield of Fomento Economico MexicanoB de CV was 6.24%. The lowest was 0.66%. And the median was 1.52%.

FMX's Dividend Yield % is ranked better than
68.67% of 150 companies
in the Beverages - Alcoholic industry
Industry Median: 3.16 vs FMX: 4.24

Fomento Economico MexicanoB de CV's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.30.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fomento Economico Mexicano SAB de CV is 1.44, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Fomento Economico MexicanoB de CV was 6.82. The lowest was 0.08. And the median was 0.43.

As of today (2024-10-31), the Forward Dividend Yield % of Fomento Economico MexicanoB de CV is 4.24%.

Fomento Economico MexicanoB de CV's Dividends per Share for the three months ended in Sep. 2024 was $0.99.

During the past 12 months, Fomento Economico MexicanoB de CV's average Dividends Per Share Growth Rate was 224.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fomento Economico MexicanoB de CV was 56.40% per year. The lowest was -46.50% per year. And the median was 7.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Fomento Economico MexicanoB de CV Dividend Yield % Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fomento Economico MexicanoB de CV Dividend Yield % Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.93 1.47 2.15 1.59

Fomento Economico MexicanoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.59 1.59 1.98 2.15

Competitive Comparison of Fomento Economico MexicanoB de CV's Dividend Yield %

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV's Dividend Yield % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Dividend Yield % falls into.



Fomento Economico MexicanoB de CV Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Fomento Economico MexicanoB de CV Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9455832024-10-162024-10-162024-10-28Cash DividendquarterlyUSD:USD 1.000000
USD 1.0409202024-07-172024-07-172024-07-29Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.0846022024-04-162024-04-172024-04-29Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.0441672023-11-032023-11-062023-11-17Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Fomento Economico MexicanoB de CV's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.115272/96.89
=4.25 %

Current Share Price is $96.89.
Fomento Economico MexicanoB de CV's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.115272.

Fomento Economico MexicanoB de CV's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.782332/96.89
=3.90 %

Current Share Price is $96.89.
Fomento Economico MexicanoB de CV's Dividends per Share for the forward twelve months is calculated as $0.945583 * 4 = $3.782332.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV  (NYSE:FMX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Fomento Economico MexicanoB de CV Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Fomento Economico MexicanoB de CV's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fomento Economico MexicanoB de CV Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.