Fomento Económico Mexicano, S.A.B. de C.V. Declares Extraordinary Cash Dividend on Series "D" Share, Payable on April 18, July 18, October 17 of 2024 and January 16 of 2025
March 25, 2024 at 09:12 am
Share
Fomento Económico Mexicano, S.A.B. de C.V. held its Annual Shareholders Meeting on March 25, 2024. The Annual Shareholders? Meeting declared and approved the payment of an extraordinary cash dividend of MXN 0.6417 per each Series "D" share and MXN 0.5134 per each Series "B" share, which amounts to MXN 3.0802 per "BD" Unit or MXN 30.8020 per ADS, and MXN 2.5670 per "B" Unit, to be paid in four equal installments, payable on April 18, July 18, October 17 of 2024 and January 16 of 2025.
Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.
Fomento Económico Mexicano, S.A.B. de C.V. Declares Extraordinary Cash Dividend on Series "D" Share, Payable on April 18, July 18, October 17 of 2024 and January 16 of 2025