Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Plans $0.30 Quarterly Dividend

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) announced a quarterly dividend on Wednesday, October 30th, Wall Street Journal reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.3041 per share on Friday, November 15th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 9.27%. The ex-dividend date is Friday, November 8th.

Betterware de México, S.A.P.I. de C.V. has raised 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

Betterware de México, S.A.P.I. de C.V. stock traded up $0.26 during midday trading on Wednesday, reaching $13.12. The company had a trading volume of 21,276 shares, compared to its average volume of 38,422. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.03 and a quick ratio of 0.50. Betterware de México, S.A.P.I. de C.V. has a 12-month low of $11.07 and a 12-month high of $21.28. The company has a market capitalization of $489.64 million, a P/E ratio of 9.19 and a beta of 1.34. The firm’s fifty day simple moving average is $13.09 and its 200-day simple moving average is $14.96.

Betterware de México, S.A.P.I. de C.V. Company Profile

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.