Gruma, S.A.B. de C.V. Approves Cash Dividend, Payable on July 7, 2023 and October 6, 2023, January 12, 2024 and April 12, 2024
July 20, 2023 at 01:55 am EDT
Share
At the Shareholders' Meeting of GRUMA, S.A.B. de C.V., held on April 21, 2023, it was agreed to pay a cash dividend at a rate of $5.40 pesos per outstanding share. This payment will be made in cash in 4 partial exhibitions, each of $1.35 pesos on July 7 and October 6, 2023, January 12 and April 12, 2024.
Gruma, S.A.B. de C.V. is a Mexico-based food holding company. The Company is engaged in corn and flour tortilla production across the world. The Company produces wheat flour and its derivatives, such as flatbreads, wraps, chapatti, and pizza bases plus other food products. Its segments include: Corn flour and packaged tortilla division, which manufactures and distributes approximately 20 varieties of corn flour that are used mainly to produce and distribute different types of tortillas and tortilla chip products in the United States; Corn flour division, which engages principally in the production, distribution and sale of corn flour in Mexico under MASECA brand; and Other segments, which focuses on corn flour, hearts of palm, rice and other products. The Company has operations in the Americas, Europe, Asia and Oceania.