SmarterDividends
FMX

Fomento Económico Mexicano, S.A.B. de C.V.

FMX

Consumer Defensive · Stock · quarterly payer

Forward Yield

5.48%

Annual Dividend

$6.72

Payout Ratio

153%

5-Yr Growth

20.7%

Ex-Date

Apr 22, 2026

Frequency

Quarterly

FMX Dividend Safety Score

50/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage153% of earnings paid out
Free-cash-flow coverage2% of free cash flow
Balance-sheet strengthDebt/equity of 0.88
Yield vs its historyYield is 2.0× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is FMX a good dividend stock?

Mixed

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) pays a quarterly dividend yielding 5.48% ($6.72/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 20.7% 5-yr dividend growth
  • 47% total price return over 5 years

Risks

  • Cut its dividend in 2021
  • Elevated payout ratio (153%)

Key Data

Dividend Yield
5.48%
Payout Ratio
153%
Annual Dividend
$6.72
5-Yr Avg Growth
20.7%
Ex-Dividend Date
Apr 22, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.17
Market Cap
$41.7B
P/E Ratio
26.8
5-Yr Total Return
47%
52-Week Range
$83.08 – $125.71
Dividend Safety
C · 50/100
Ever Cut?
Yes (2021)
FMX ex-dividend date & scheduleNext ex-date Apr 22, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $6.72 / yr per share

Per payment (quarterly)$168.00
Annual$672.00
Monthly avg$56.00