Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) to Issue $0.34 Quarterly Dividend

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

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

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

NASDAQ:BWMX opened at $14.69 on Friday. 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. has a one year low of $9.77 and a one year high of $21.28. 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. (NASDAQ:BWMX) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.09). The company had revenue of $212.27 million for the quarter, compared to analyst estimates of $205.54 million. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.84% and a return on equity of 84.50%. As a group, analysts anticipate that Betterware de México, S.A.P.I. de C.V. will post 1.84 earnings per share for the current fiscal 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 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.