Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) to Issue Dividend of $0.11

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOYGet Rating) declared a dividend on Thursday, November 24th, investing.com reports. Investors of record on Monday, November 28th will be given a dividend of 0.1138 per share on Monday, December 5th. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Friday, November 25th.

Grupo Bimbo Stock Performance

Grupo Bimbo stock opened at $17.00 on Thursday. The company’s 50-day moving average is $14.53 and its 200-day moving average is $13.82. Grupo Bimbo has a fifty-two week low of $9.92 and a fifty-two week high of $17.00.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded Grupo Bimbo from a “neutral” rating to an “underweight” rating in a research note on Friday, September 30th.

About Grupo Bimbo

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Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. The company offers sliced bread, buns and rolls, pastries, cakes, cookies, toast bread, English muffins, bagels, tortillas and flatbreads, salty snacks, and confectionery products. It provides its products under approximately 100 brands.

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