Betterware de Mexico SAPI de C (NYSE:BWMX) Declares Quarterly Dividend of $0.29

Key Points

• Betterware de Mexico SAPI de C declared a quarterly dividend of $0.29 per share, to be paid on August 28th, with an 8.2% annualized yield.
• The company's stock price increased to $13.94 on August 4th, with significant trading volume of 191,849 shares compared to its average volume of 42,432.
• Betterware operates in the direct-to-consumer market in Mexico, focusing on home organization products and serving approximately 3 million households.

Betterware de Mexico SAPI de C (NYSE:BWMX - ) announced a quarterly dividend on Monday, August 4th, Wall Street Journal reports. Shareholders of record on Monday, August 11th will be paid a dividend of 0.2851 per share on Thursday, August 28th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, August 11th.

Betterware de Mexico SAPI de C Price Performance

BWMX traded up $0.84 during midday trading on Monday, hitting $13.94. 191,849 shares of the company were exchanged, compared to its average volume of 42,432. The company has a market capitalization of $520.24 million, a P/E ratio of 17.65 and a beta of 1.24. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.46 and a current ratio of 0.93. Betterware de Mexico SAPI de C has a 1-year low of $7.00 and a 1-year high of $14.73.

About Betterware de Mexico SAPI de C

Betterware de Mexico, SAB. de C.V. operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio, including home solutions, kitchen and food preservation, technology and mobility, and other categories. It serves approximately 3 million households through distributors and associates in approximately 800 communities throughout Mexico.

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