Coca-Cola FEMSA, S.A.B. de C.V. Proposes Ordinary Dividend
March 05, 2024 at 04:43 pm EST
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Coca-Cola FEMSA, S.A.B. de C.V. announced that its Board of Directors has proposed an ordinary dividend in the amount of MXN 6.08 per KOF UBL unit (MXN 0.76 per share) to be paid in four equal installments for the amount of MXN 1.52 per KOF UBL unit (MXN 0.19 per share), as of April, July, October, and December of 2024. The total amount of dividend proposed is MXN 12,773.06 million. The dividend and payment dates are subject To Approve the annual shareholders meeting to be held on March 19, 2024.
Coca-Cola FEMSA, S.A.B. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, coffee, teas, milk, dairy and isotonic drinks).
COCA-COLA FEMSA, S.A.B. DE C.V. 
