Equity Analysis /

America Movil: Flash: Shareholder’s remuneration proposal of up to 4.0% return

  • America Movil announced that it will propose a cash dividend payment of MXN 0.44 per share to be paid on August 29

  • As well as an amount of MXN 26 billion to the share buyback (+4.0% vs. 2021) for the period April 2022 - April 2023

  • The dividend equates to a 2.1% yield, while the buyback fund, would represent 1.9% of Amx’s capitalization value

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

23 March 2022
Published byBanorte


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