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Money Talk

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Betterware de México Lifts Dividend Payout by 18 Percent

Investors in Betterware de México are set for a payout bump as the company increases its quarterly dividend to 36.13 cents per share. This 18 percent hike, rising from the previous 30.63 cents, underscores a shift in capital distribution for the direct-to-consumer retailer as it navigates current market valuations.

Betterware de México Lifts Dividend Payout by 18 Percent

The revised dividend translates to an annualized rate of nearly $1.45 per share. Based on the company’s recent closing price of $17.31, this adjustment provides shareholders with an 8.3 percent annual yield. In total, Betterware is committing 250 million Mexican pesos, or approximately $14.3 million, to this round of distributions.

Management confirmed the funds will reach shareholders of record as of August 6, with the payment scheduled for distribution on August 20.

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