Betterware de Mexico SAPI de C (BWMX) to Issue Quarterly Dividend of $0.33 on August 20th

Betterware de Mexico SAPI de C (NYSE:BWMXGet Free Report) declared a quarterly dividend on Monday, July 20th. Investors of record on Thursday, August 6th will be paid a dividend of 0.3252 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Thursday, August 6th. This is a 6.2% increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31.

Betterware de Mexico SAPI de C Trading Up 0.8%

Betterware de Mexico SAPI de C stock opened at $17.15 on Tuesday. The firm has a 50 day moving average of $17.82 and a 200 day moving average of $17.66. The firm has a market capitalization of $640.04 million, a price-to-earnings ratio of 9.37 and a beta of 1.05. Betterware de Mexico SAPI de C has a 12-month low of $12.34 and a 12-month high of $19.79. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMXGet Free Report) last issued its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. The business had revenue of $237.83 million for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. As a group, research analysts predict that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current year.

About Betterware de Mexico SAPI de C

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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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