Betterware de Mexico Announces Dividend Payment and Stock Performance Growth
In a recent press release, Betterware de Mexico, SAP.I.de C.V.(NYSE:BWMX) announced its intention to pay a dividend of $250 million Mexican Pesos to shareholders.This dividend, subject to formal approval at a shareholders meeting, equates to approximately US $0.3398 per share after tax withholdings.The payment is scheduled for August 7, 2024, for shareholders of record as of July 30, 2024.
Founded in 1995, Betterware has seen significant growth in its stock performance.In the third quarter of 2024, Betterware De Mexico S.A.P.I de C.V stock rose by 9.31%, bringing the share price to 9.31% overall.Currently trading on the NASDAQ, the stock is trading 3.2% below its 52-week average.
The positive dividend announcement, combined with the upward trend in stock performance, showcases a strong financial outlook for Betterware de Mexico.Investors can look forward to potential returns and continued growth in the future.
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