Betterware de Mexico SAPI de C (NYSE:BWMX) to Issue Quarterly Dividend of $0.31

Betterware de Mexico SAPI de C (NYSE:BWMX) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Tuesday, May 12th will be given a dividend of 0.3063 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Tuesday, May 12th.

Betterware de Mexico SAPI de C Price Performance

Shares of NYSE BWMX traded down $0.15 during midday trading on Friday, reaching $16.86. 110,580 shares of the stock traded hands, compared to its average volume of 112,952. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.93 and a quick ratio of 0.47. The stock has a market capitalization of $629.33 million, a PE ratio of 9.92 and a beta of 1.20. Betterware de Mexico SAPI de C has a one year low of $7.00 and a one year high of $19.79. The company’s 50 day moving average is $17.53 and its 200 day moving average is $16.10.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its earnings results on Wednesday, April 1st. The company reported $0.42 EPS for the quarter. The firm had revenue of $196.19 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 89.15% and a net margin of 8.19%. On average, equities research analysts anticipate that Betterware de Mexico SAPI de C will post 2.37 earnings per share for the current year.

Betterware de Mexico SAPI de C Company Profile

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.