SmarterDividends
FMX

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

FMX

Consumer Defensive · Beverages - Brewers · Stock · quarterly payer

$124.98

Undervalued · +27% Add to Portfolio

Forward Yield

3.66%

Annual Dividend

$4.57

Payout Ratio

49%

5-Yr Growth

17.0%

Ex-Date

Oct 14, 2026

Frequency

Quarterly

Key facts about FMX's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Fomento Económico Mexicano, S.A.B. de C.V. (FMX) has a forward dividend yield of 3.66%, based on an annual dividend of $4.57 per share and a share price of $124.98.
  • As of Oct 27, 2026, FMX's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
  • FMX last cut its regular dividend in 2021.
  • FMX's most recent ex-dividend date was Oct 14, 2026, for a dividend of $1.78 per share.
  • As of Oct 27, 2026, FMX pays out 49% of its trailing 12-month earnings as dividends (its payout ratio).
  • FMX's dividend has grown at an average rate of 17.0% a year over the past five years.
  • As of Oct 27, 2026, FMX's 3.66% yield is 37% above its five-year average yield of 2.68%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for FMX is $158.69 per share, 27% above the $124.98 share price, so FMX screens as undervalued.
  • Fomento Económico Mexicano, S.A.B. de C.V. (FMX) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "FMX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/FMX

Summary

As of Oct 27, 2026, Fomento Económico Mexicano, S.A.B. de C.V. (FMX) yields 3.66% ($4.57 a year per share) and has a dividend safety grade of C (55/100).

Is FMX a good dividend stock?

Mixed

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) pays a quarterly dividend yielding 3.66% ($4.57/yr), with 1 year 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

  • Comfortable payout ratio (49%)
  • Strong 17.0% 5-yr dividend growth
  • 82% total price return over 5 years

Risks

  • Cut its dividend in 2021

Key Data

Dividend Yield
3.66%
Payout Ratio
49%
Annual Dividend
$4.57
5-Yr Avg Growth
17.0%
Ex-Dividend Date
Oct 14, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.18
Market Cap
$42.6B
P/E Ratio
8.9
5-Yr Total Return
82%
52-Week Range
$90.87 – $141.47
Dividend Safety
C · 55/100
Ever Cut?
Yes (2021)

FMX dividend changes

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) pays a variable dividend: across the 50 payments on record since 1998, 25 were higher than the one before and 17 lower. The latest change was down 2.6% to $1.78 per share, going ex-dividend on Oct 14, 2026.

Ex-dateChangeOld → newMove
Oct 14, 2026Lower$1.83 → $1.78−2.6%
Jul 15, 2026Higher$1.80 → $1.83+1.8%
Apr 22, 2026Lower$1.96 → $1.80−8.6%
Jul 17, 2025Higher$1.83 → $1.96+7.5%
Apr 24, 2025Higher$0.898 → $1.83+103.3%
Jan 17, 2025Lower$0.946 → $0.898−5.1%
Oct 16, 2024Lower$1.04 → $0.946−9.1%
Jul 17, 2024Lower$1.09 → $1.04−4.1%
Apr 16, 2024Higher$1.07 → $1.09+1.4%
Nov 3, 2023Higher$1.01 → $1.07+5.5%
May 4, 2023Higher$0.847 → $1.01+19.7%
May 3, 2022Higher$0.568 → $0.848+49.3%
Every FMX payment →Download every raise and cut (CSV)
FMX ex-dividend date & scheduleNext ex-date Oct 14, 2026 · full ex-dividend historyView →FMX dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FMX a good dividend stock?

Mixed. Fomento Económico Mexicano, S.A.B. de C.V. (FMX) pays a quarterly dividend yielding 3.66% ($4.57/yr), with 1 year 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.

Is FMX undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FMX's fair value is about $158.69 versus a $124.98 share price — so it looks undervalued (+27% vs. fair value).

Is FMX's dividend safe?

FMX has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is FMX's fair value?

Our blended fair-value estimate for FMX is about $158.69 per share, roughly 27% above the current $124.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FMX a buy, hold, or sell?

We don't issue formal ratings, but on the data FMX screens as "mixed" and undervalued. Fomento Económico Mexicano, S.A.B. de C.V. (FMX) pays a quarterly dividend yielding 3.66% ($4.57/yr), with 1 year 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. This is research for your own analysis, not investment advice.

Will FMX cut its dividend?

FMX earns a dividend-safety grade of C (55/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FMX pay a dividend?

Yes. Fomento Económico Mexicano, S.A.B. de C.V. pays a quarterly dividend of about $4.57 per share annually, a forward yield of roughly 3.66%.

What is FMX's dividend yield?

As of Oct 27, 2026, FMX's forward dividend yield is 3.66%, based on a $4.57 annual dividend and a $124.98 share price.

What is FMX's dividend per share?

As of Oct 27, 2026, FMX pays $4.57 per share per year, distributed on a quarterly basis.

What is FMX's dividend payout ratio?

As of Oct 27, 2026, FMX's payout ratio is 49% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has FMX grown its dividend?

As of Oct 27, 2026, FMX has increased its dividend for 1 consecutive years.

When is the next FMX ex-dividend date?

As of Oct 27, 2026, FMX's next ex-dividend date hasn't been announced. The most recent was Oct 14, 2026, for $1.78 per share.

FMX Dividend News

FMX
IncreaseFMX·Aug 26, 2026

Fomento Económico Mexicano Raises Quarterly Dividend

FEMSA increased its quarterly dividend by 1.78% to 1.827 per share, with FMX shares trading ex-dividend on July 15, 2026.

Income Calculator

At $4.57 / yr per share

Per payment (quarterly)$114.25
Annual$457.00
Monthly avg$38.08

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