Betterware de México, S.A.P.I. de C.V. Declares Quarterly Dividend of $0.35 (NASDAQ:BWMX)

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) declared a quarterly dividend on Tuesday, April 30th, Zacks reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.352 per share on Thursday, May 23rd. This represents a $1.41 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date is Tuesday, May 14th.

Betterware de México, S.A.P.I. de C.V. has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 1 years. Betterware de México, S.A.P.I. de C.V. has a dividend payout ratio of 66.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Betterware de México, S.A.P.I. de C.V. to earn $2.19 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 71.2%.

Betterware de México, S.A.P.I. de C.V. Trading Up 2.4 %

BWMX stock traded up $0.41 during mid-day trading on Thursday, reaching $17.30. 14,175 shares of the company traded hands, compared to its average volume of 46,654. The company has a quick ratio of 0.55, a current ratio of 1.04 and a debt-to-equity ratio of 3.17. Betterware de México, S.A.P.I. de C.V. has a 52-week low of $9.77 and a 52-week high of $21.28. The company has a fifty day moving average price of $18.56 and a 200-day moving average price of $15.45.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.34. Betterware de México, S.A.P.I. de C.V. had a return on equity of 83.58% and a net margin of 8.64%. The business had revenue of $194.06 million during the quarter, compared to analyst estimates of $174.51 million. On average, analysts anticipate that Betterware de México, S.A.P.I. de C.V. will post 1.96 EPS for the current year.

About Betterware de México, S.A.P.I. de C.V.

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility.