BeFra Announces a Dividend Payment of $250 Million Mexican Pesos
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Betterware de México (NYSE:BWMX) plans to pay a dividend of MX $250 million, equivalent to US $0.3212 per share before tax, pending shareholder approval on March 7, 2025.
March 06, 2025 | 9:30 pm
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Betterware de México plans to distribute a dividend of MX $250 million, translating to US $0.3212 per share before tax, subject to shareholder approval.
The announcement of a dividend payment is generally positive for shareholders as it indicates the company's profitability and willingness to return capital to investors. The dividend is subject to approval, but if passed, it could lead to a short-term increase in stock price as investors may buy shares to benefit from the dividend.
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