Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) to Issue Dividend Increase – $0.22 Per Share

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) announced a dividend on Thursday, November 14th,NASDAQ Dividends reports. Shareholders of record on Monday, December 9th will be given a dividend of 0.2194 per share on Friday, December 20th. The ex-dividend date of this dividend is Monday, December 9th. This is a boost from Wal-Mart de México’s previous dividend of $0.22.

Wal-Mart de México Trading Down 1.6 %

Shares of OTCMKTS:WMMVY opened at $27.50 on Friday. Wal-Mart de México has a 12 month low of $26.22 and a 12 month high of $43.90. The company has a market cap of $47.98 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 1.89 and a beta of 0.87. The company has a 50-day moving average price of $29.80 and a 200-day moving average price of $33.26.

Wal-Mart de México (OTCMKTS:WMMVY) last released its earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share (EPS) for the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. The firm had revenue of $12.18 billion during the quarter. As a group, research analysts forecast that Wal-Mart de México will post 1.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised shares of Wal-Mart de México from a “hold” rating to a “buy” rating in a research report on Monday, September 9th.

Wal-Mart de México Company Profile

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam’s Club membership self-service wholesale stores.