Betterware de México, S.A.P.I. de C.V. (BWMX) to Distribute Quarterly Dividend of $0.34 on August 7th

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) declared a quarterly dividend on Tuesday, July 23rd, investing.com reports. Investors of record on Tuesday, July 30th will be paid a dividend of 0.3398 per share on Wednesday, August 7th. This represents a $1.36 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date is Tuesday, July 30th.

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

Betterware de México, S.A.P.I. de C.V. Trading Down 5.4 %

Shares of BWMX opened at $14.69 on Friday. The firm has a 50-day moving average of $15.62 and a 200-day moving average of $16.27. Betterware de México, S.A.P.I. de C.V. has a one year low of $9.77 and a one year high of $21.28. The company has a debt-to-equity ratio of 3.17, a current ratio of 1.04 and a quick ratio of 0.55.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.09). Betterware de México, S.A.P.I. de C.V. had a return on equity of 84.50% and a net margin of 8.84%. The business had revenue of $212.27 million for the quarter, compared to the consensus estimate of $205.54 million. Sell-side analysts anticipate that Betterware de México, S.A.P.I. de C.V. will post 1.84 earnings per share for the current year.

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.