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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) 3-Year Dividend Growth Rate : 48.30% (As of Dec. 2023)


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What is Fomento Economico MexicanoB de CV 3-Year Dividend Growth Rate?

Fomento Economico MexicanoB de CV's Dividends per Share for the three months ended in Dec. 2023 was $1.11.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's 3-Year Dividend Growth Rate or its related term are showing as below:

FMX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -28.8   Med: 40.15   Max: 92.2
Current: 48.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fomento Economico MexicanoB de CV was 92.20% per year. The lowest was -28.80% per year. And the median was 40.15% per year.

FMX's 3-Year Dividend Growth Rate is ranked better than
88.29% of 111 companies
in the Beverages - Alcoholic industry
Industry Median: 7.7 vs FMX: 48.30

During the past 12 months, Fomento Economico MexicanoB de CV's average Dividends Per Share Growth Rate was 47.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 48.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 52.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 44.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Fomento Economico MexicanoB de CV's Dividend Payout Ratio for the three months ended in Dec. 2023 was 10.19. As of today, Fomento Economico MexicanoB de CV's Dividend Yield % is 1.83%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Fomento Economico MexicanoB de CV's 3-Year Dividend Growth Rate

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV's 3-Year Dividend Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's 3-Year Dividend Growth Rate falls into.



Fomento Economico MexicanoB de CV 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Fomento Economico MexicanoB de CV  (NYSE:FMX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Fomento Economico MexicanoB de CV's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.111/ 0.109
=10.19

During the past 13 years, the highest Dividend Payout Ratio of Fomento Economico MexicanoB de CV was 7.54. The lowest was 0.26. And the median was 0.42.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Fomento Economico MexicanoB de CV Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0852024-04-162024-04-172024-04-29Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.0442023-11-032023-11-062023-11-17Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.0282023-05-042023-05-052023-05-18Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Fomento Economico MexicanoB de CV's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.157/115.11
=2.74 %

Current Share Price is $115.11.
Fomento Economico MexicanoB de CV's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.157.

During the past 13 years, the highest Dividend Yield of Fomento Economico MexicanoB de CV was 6.93%. The lowest was 0.38%. And the median was 1.12%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV 3-Year Dividend Growth Rate Related Terms>


Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Headlines