Fomento Económico Mexicano, S.A.B. de C.V. Approves Payment of Cash Dividend, Payable on May 6, 2021 and November 5, 2021
March 24, 2021 at 05:06 pm EDT
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Fomento Económico Mexicano, S.A.B. de C.V.'s shareholders' meeting approved the payment of a cash dividend of MXN 0.4792 per each Series "D" share and MXN 0.3833 per each Series "B" share, which amounts to MXN 2.3000 per "BD" Unit or MXN 23.0000 per ADS, and MXN 1.9166 per "B" Unit, to be paid in two equal installments, payable on May 6, 2021 and November 5, 2021.
Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.
FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. 
