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

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

Betterware de Mexico SAPI de C Stock Down 0.9%

NYSE BWMX traded down $0.15 during trading hours on Friday, hitting $16.86. 110,580 shares of the company were exchanged, compared to its average volume of 112,952. The company has a quick ratio of 0.47, a current ratio of 0.93 and a debt-to-equity ratio of 2.10. The firm has a market cap of $629.33 million, a price-to-earnings ratio of 9.92 and a beta of 1.20. The company has a 50 day moving average of $17.53 and a two-hundred day moving average of $16.10. Betterware de Mexico SAPI de C has a 52-week low of $7.00 and a 52-week high of $19.79.

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

Insider Buying and Selling at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, CEO Andres Campos Chevallier bought 10,000 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were acquired at an average price of $16.81 per share, with a total value of $168,100.00. Following the transaction, the chief executive officer owned 50,000 shares of the company’s stock, valued at approximately $840,500. The trade was a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Several hedge funds have recently added to or reduced their stakes in BWMX. State Street Corp lifted its position in shares of Betterware de Mexico SAPI de C by 7.0% during the 4th quarter. State Street Corp now owns 90,082 shares of the company’s stock worth $1,280,000 after buying an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Betterware de Mexico SAPI de C by 11.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after buying an additional 6,274 shares in the last quarter. Finally, Quattro Financial Advisors LLC grew its position in shares of Betterware de Mexico SAPI de C by 42.9% in the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after buying an additional 15,000 shares during the last quarter. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

About Betterware de Mexico SAPI de C

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.