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Fomento Economico MexicanoB de CV (BUE:FMX) Dividend-Payout-to-FFO


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What is Fomento Economico MexicanoB de CV Dividend-Payout-to-FFO?

Dividend-Payout-to-FFO only applies to REITs.


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 divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.