Betterware de Mexico SAPI de C (NYSE:BWMX) Declares $0.31 Quarterly Dividend

Key Points

• $0.3063 quarterly dividend declared, payable May 21 to shareholders of record on May 12, with an implied yield of 7.3% (ex-dividend date May 12).
• Betterware reported Q1 EPS of $0.42 on $196.19 million in revenue, with a return on equity of 89.15% and net margin of 8.19%; analysts forecast full-year EPS of 2.37.
• Shares traded at $16.86 (down 0.9%), with a market cap of $629.33 million, a P/E of 9.92, and a 52-week range of $7.00 to $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Tuesday, May 12th will be paid a dividend of 0.3063 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Tuesday, May 12th.

Betterware de Mexico SAPI de C Trading Down 0.9%

NYSE:BWMX traded down $0.15 on Friday, hitting $16.86. The stock had a trading volume of 110,580 shares, compared to its average volume of 112,952. The company has a quick ratio of 0.47, a current ratio of 0.93 and a debt-to-equity ratio of 2.10. The stock has a market cap of $629.33 million, a price-to-earnings ratio of 9.92 and a beta of 1.20. The company has a fifty day moving average price of $17.53 and a two-hundred day moving average price of $16.10. Betterware de Mexico SAPI de C has a 1-year low of $7.00 and a 1-year high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.42 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a return on equity of 89.15% and a net margin of 8.19%.The firm had revenue of $196.19 million during the quarter. Equities research analysts expect that Betterware de Mexico SAPI de C will post 2.37 earnings per share for the current fiscal year.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.

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