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

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) declared a dividend on Tuesday, November 5th,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.2176 per share on Friday, November 22nd. The ex-dividend date of this dividend is Friday, November 15th.

Wal-Mart de México Stock Up 1.7 %

WMMVY stock traded up $0.48 during midday trading on Thursday, hitting $27.96. 240,787 shares of the company traded hands, compared to its average volume of 88,719. The business has a 50 day simple moving average of $29.80 and a 200-day simple moving average of $33.26. The stock has a market capitalization of $48.78 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 1.86 and a beta of 0.87. Wal-Mart de México has a twelve month low of $26.22 and a twelve month high of $43.90.

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

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded shares of Wal-Mart de México from a “hold” rating to a “buy” rating in a research note 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.