America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) Announces $0.31 Special Dividend

America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) announced a special dividend on Thursday, June 25th. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.3078 per share by the Wireless communications provider on Wednesday, July 22nd. The ex-dividend date is Tuesday, July 14th.

America Movil has increased its dividend by an average of 0.1%annually over the last three years. America Movil has a payout ratio of 31.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect America Movil to earn $2.10 per share next year, which means the company should continue to be able to cover its $0.55 annual dividend with an expected future payout ratio of 26.2%.

America Movil Stock Performance

NYSE:AMX opened at $26.30 on Friday. The firm’s 50-day moving average is $26.30 and its 200-day moving average is $24.01. America Movil has a 52-week low of $16.92 and a 52-week high of $28.46. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.67 and a current ratio of 0.72. The company has a market cap of $79.18 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 0.83 and a beta of 0.66.

America Movil (NYSE:AMX) last announced its quarterly earnings data on Tuesday, March 31st. The Wireless communications provider reported $0.02 EPS for the quarter. America Movil had a net margin of 9.23% and a return on equity of 19.77%. The business had revenue of $13.24 billion during the quarter. Equities research analysts anticipate that America Movil will post 1.91 earnings per share for the current year.

America Movil Company Profile

América Móvil is a Mexican telecommunications company headquartered in Mexico City that provides a broad range of communications services. Established in the early 2000s out of the expansion of the Slim family’s telecommunications holdings, the company is a major provider of mobile and fixed-line telephony, broadband internet and pay-television services in the region. Its operations span retail consumer services as well as wholesale and enterprise solutions, positioning it as an integrated communications provider across multiple customer segments.

The company markets services under several regional brands—most notably Telcel in Mexico and Claro across many Latin American markets—and offers both prepaid and postpaid mobile plans, fixed and mobile broadband, fiber-to-the-home where available, and video/broadcast distribution services.