Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Announces Dividend Increase - $0.26 Per Share

Key Points

• Betterware de México, S.A.P.I. de C.V. has declared a dividend increase to $0.26 per share, a 4.2% rise from the previous dividend of $0.25, with a yield of 783.0%.
• The stock experienced a decline of 3.4% on the trading day, closing at $12.66, amidst average trading volume of 14,628 shares.
• Betterware operates through two segments: Home Organization Products and Beauty and Personal Care Products, catering to the U.S. and Mexican markets.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) announced a dividend on Wednesday, August 6th, investing.com reports. Stockholders of record on Tuesday, August 12th will be paid a dividend of 0.2566 per share on Thursday, August 28th. This represents a dividend yield of 783.0%. The ex-dividend date is Monday, August 11th. This is a 4.2% increase from Betterware de México, S.A.P.I. de C.V.'s previous dividend of $0.25.

Betterware de México, S.A.P.I. de C.V. Stock Up 0.3%

Betterware de México, S.A.P.I. de C.V. stock traded up $0.04 during midday trading on Friday, hitting $13.39. The stock had a trading volume of 52,607 shares, compared to its average volume of 43,027. The company has a current ratio of 1.07, a quick ratio of 0.50 and a debt-to-equity ratio of 3.85. The stock has a market cap of $499.60 million, a P/E ratio of 9.56 and a beta of 1.24. Betterware de México, S.A.P.I. de C.V. has a 12 month low of $7.00 and a 12 month high of $14.73. The business has a fifty day moving average price of $9.66 and a 200 day moving average price of $10.33.

Betterware de México, S.A.P.I. de C.V. Company Profile

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer selling company in the United Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; and technology and mobility.