08-31-2023
MXN/share | |
Price | 135.91 |
Dividend | 1.10 |
Earnings | 8.55 |
Cash-flow | 7.27 |
Book value | 54.36 |
Equity | 50.00 |
Grupo Carso SAB de C is part of General Industrials business, which is part of Industrials industry. Grupo Carso SAB de C is a company from Mexico, and his stocks are publicly traded.
Grupo Carso SAB de C stock dividend
Grupo Carso SAB de C paid a total dividend of 2,477 million MXN last year, for a market value of 306,069 millions (Market Cap 61,222 millions). Grupo Carso SAB de C dividend per share is 1.10 MXN, and his stock market price 135.91 MXN.
According to the chart below, where dividend yield is displayed, Grupo Carso SAB de C has a dividend yield of 0.81%, lower than the amount offered by both the market average and companies from Mexico. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Grupo Carso SAB de C stocks dividend with other General Industrials companies or other of the high Mexico dividend stocks list.
Grupo Carso SAB de C Dividend Payout
About the ability of Grupo Carso SAB de C to maintain his current dividend of MXN 1.10 per share, an amount that accounts for 0.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Grupo Carso SAB de C payout on ernings is currently 12.87%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Grupo Carso SAB de Ccan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Grupo Carso SAB de C is MXN 7.27 per share, which is higher than the dividend per share paid by the company of MXN 1.10, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Grupo Carso SAB de C, compared againt world market average, Mexico companies, Industrials industry and General Industrials sector companies.
Grupo Carso SAB de C Dividend History
Below you will find a table with the historical evolution of Grupo Carso SAB de C's dividend stock, both in percentage and in MXN, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | MXN | Paypout | Shares* |
Present | 0.81% | 1.10 | 12.87% | 2,252 |
2022 | 1.22% | 1.00 | 19.69% | 2,252 |
2021 | 1.45% | 0.96 | 36.36% | 2,261 |
2020 | 1.42% | 0.94 | 27.49% | 2,279 |
2019 | 1.35% | 0.94 | 23.27% | 2,282 |
2018 | 2.58% | 1.82 | 40.35% | 2,282 |
2017 | 1.39% | 0.90 | 21.08% | 2,274 |
2016 | 1.16% | 0.88 | 32.12% | 2,274 |
2015 | 1.14% | 0.84 | 33.47% | 2,303 |
*In millions
Then you can see the evolution of Grupo Carso SAB de C dividend stock, and compare it with the average of Mexico stocks and that of the General Industrials stocks.
Grupo Carso SAB de C Stock performance
Finally, last moth Grupo Carso SAB de C showed a return of 2.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 96.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Mexico and General Industrials firms.