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

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 - Get Free Report) declared a quarterly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Monday, August 11th will be given a dividend of 0.2851 per share on Thursday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Monday, August 11th.

Betterware de Mexico SAPI de C Stock Performance

Shares of NYSE:BWMX traded up $0.04 during trading on Friday, reaching $13.39. The stock had a trading volume of 21,557 shares, compared to its average volume of 42,818. The company has a current ratio of 0.93, a quick ratio of 0.46 and a debt-to-equity ratio of 3.07. Betterware de Mexico SAPI de C has a 52 week low of $7.00 and a 52 week high of $14.73. The stock has a market capitalization of $499.71 million, a P/E ratio of 16.95 and a beta of 1.24.

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.