Betterware de México, S.A.P.I. de C.V. (BWMX) to Issue Quarterly Dividend of $0.30 on November 15th

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) announced a quarterly dividend on Monday, October 28th, Wall Street Journal reports. Shareholders of record on Friday, November 8th will be given a dividend of 0.3041 per share on Friday, November 15th. This represents a $1.22 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date is Friday, November 8th.

Betterware de México, S.A.P.I. de C.V. has raised its dividend by an average of 0.1% annually over the last three years.

Betterware de México, S.A.P.I. de C.V. Price Performance

Shares of Betterware de México, S.A.P.I. de C.V. stock traded up $0.26 during midday trading on Wednesday, hitting $13.12. 21,276 shares of the company were exchanged, compared to its average volume of 38,422. The firm has a 50 day simple moving average of $13.07 and a 200-day simple moving average of $14.95. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.03 and a quick ratio of 0.50. The firm has a market cap of $489.64 million, a P/E ratio of 9.37 and a beta of 1.34. Betterware de México, S.A.P.I. de C.V. has a 52 week low of $11.07 and a 52 week high of $21.28.

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.