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BeFra Announces a Dividend Payment of $250 Million Mexican Pesos

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Betterware de México (NYSE:BWMX) has announced the approval of a dividend payment totaling MX $250 million. The dividend represents approximately US $0.3378 per share before tax withholdings and US $0.3041 per share after tax withholdings. Shareholders of record as of November 8, 2024 will receive the dividend payment on November 15, 2024.

Betterware de México (NYSE:BWMX) ha annunciato l'approvazione di un pagamento di dividendi per un totale di MX $250 milioni. Il dividendo rappresenta circa US $0.3378 per azione prima delle ritenute fiscali e US $0.3041 per azione dopo le ritenute fiscali. Gli azionisti registrati fino al 8 novembre 2024 riceveranno il pagamento del dividendo il 15 novembre 2024.

Betterware de México (NYSE:BWMX) ha anunciado la aprobación de un pago de dividendos por un total de MX $250 millones. El dividendo representa aproximadamente US $0.3378 por acción antes de las retenciones fiscales y US $0.3041 por acción después de las retenciones fiscales. Los accionistas registrados hasta el 8 de noviembre de 2024 recibirán el pago del dividendo el 15 de noviembre de 2024.

멕시코의 Betterware (NYSE:BWMX)가 총 MX $250 million의 배당금 지급 승인을 발표했습니다. 배당금은 세금 원천징수 전 US $0.3378 per share 및 세금 원천징수 후 US $0.3041 per share에 해당합니다. 2024년 11월 8일 기준으로 주주 명부에 이름이 올라있는 주주들은 2024년 11월 15일에 배당금을 지급받게 됩니다.

Betterware de México (NYSE:BWMX) a annoncé l'approbation d'un paiement de dividende d'un total de MX $250 millions. Le dividende représente environ US $0.3378 par action avant les retenues fiscales et US $0.3041 par action après les retenues fiscales. Les actionnaires inscrits au 8 novembre 2024 recevront le paiement du dividende le 15 novembre 2024.

Betterware de México (NYSE:BWMX) hat die Genehmigung einer Dividendenzahlung in Höhe von MX $250 Millionen bekannt gegeben. Die Dividende entspricht ungefähr US $0.3378 pro Aktie vor Steuerabzügen und US $0.3041 pro Aktie nach Steuerabzügen. Aktionäre, die am 8. November 2024 im Register stehen, erhalten die Dividende am 15. November 2024.

Positive
  • Approved dividend payment of MX $250 million demonstrates financial stability
  • Net dividend of US $0.3041 per share provides direct shareholder return
Negative
  • None.

GUADALAJARA, Mexico--(BUSINESS WIRE)--

Betterware de México, S.A.P.I. de C.V. (NYSE:BWMX) (“BeFra” or the “Company”), announced that after the shareholders meeting held today, the payment of an aggregate dividend of MX $250,000,000 has been approved; which represents approximately US $0.3378 per share less applicable tax withholdings, resulting in approximately US $0.3041 per share after applicable tax withholdings. The dividend is payable on November 15, 2024 to shareholders of record as of November 8, 2024.

About Betterware

Founded in 1995, Betterware de Mexico is the leading direct-to-consumer company in Mexico focused on offering innovative products that solve specific needs related to household organization, practicality, space-saving, and hygiene. Through the acquisition of JAFRA on April 7, 2022, the Company now offers a leading brand of direct-to-consumer in the Beauty market in Mexico and the United States where it offers Fragrances, Color & Cosmetics, Skin Care, and Toiletries. The combined company possesses an asset-light business model with low capital expenditure requirements and a track record of strong profitability, double digit rates of revenue growth and free cash flow generation. Today, the Company distributes its products in Mexico and in the United States of America.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. Forward- looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words “believe,” “anticipate,” “intends,” “estimate,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward- looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.

Company:

BeFra IR

iroffice@better.com.mx

+52 (33) 3836 0500 Ext. 2011

InspIR:

Investor Relations

Barbara Cano

barbara@inspirgroup.com

Source: Betterware de México, S.A.P.I. de C.V.

FAQ

What is the dividend amount per share for Betterware de México (BWMX) in 2024?

The dividend amount is US $0.3378 per share before tax withholdings and US $0.3041 per share after tax withholdings.

When is the dividend payment date for BWMX shareholders?

The dividend will be paid on November 15, 2024 to shareholders of record as of November 8, 2024.

What is the total dividend payment announced by BWMX?

The total dividend payment announced is MX $250,000,000 (250 million Mexican Pesos).

Betterware de Mexico, S.A.P.I. de C.V.

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