Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Down 4.7% - Here's What Happened

Key Points

• Kimberly-Clark de Mexico SAB de CV shares fell by 4.7%, trading at $10.08, significantly lower than the previous close of $10.58 and with trading volume down 83% from average levels.
• The company reported earnings per share of $0.16 for the last quarter, missing estimates by $0.01, with revenues significantly lower than expected at $749.76 million.
• A dividend of $0.1121 will be paid on October 9th, with an impressive yield of 424.0% and a dividend payout ratio of 79.03%.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report)'s stock price fell 4.7% on Wednesday . The stock traded as low as $10.06 and last traded at $10.08. 7,949 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 46,570 shares. The stock had previously closed at $10.58.

Kimberly-Clark de Mexico SAB de CV Trading Down 4.4%

The company's fifty day moving average is $9.77 and its two-hundred day moving average is $9.14. The stock has a market cap of $6.22 billion, a price-to-earnings ratio of 16.31 and a beta of 0.76. The company has a quick ratio of 0.97, a current ratio of 1.19 and a debt-to-equity ratio of 4.62.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last issued its earnings results on Friday, July 18th. The basic materials company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The firm had revenue of $749.76 million during the quarter, compared to analyst estimates of $14.27 billion. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.36% and a return on equity of 135.47%.

Kimberly-Clark de Mexico SAB de CV Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, October 2nd will be issued a $0.1121 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a yield of 424.0%. Kimberly-Clark de Mexico SAB de CV's dividend payout ratio (DPR) is 79.03%.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.

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