Equity Analysis /
MexicoAmerica 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
Senior Equity Research Analyst, Infrastructure, Materials and Transportation @ Banorte
Marissa Garza Ostos
Head of Equity Research @ Banorte
23 March 2022
Published byBanorte
