América Móvil, S.A.B. de C.V. (NYSE:AMX – Get Free Report) announced a dividend on Tuesday, June 18th, NASDAQ reports. Stockholders of record on Friday, July 12th will be paid a dividend of 0.2608 per share by the Wireless communications provider on Monday, July 22nd. The ex-dividend date is Friday, July 12th. This is a boost from América Móvil’s previous dividend of $0.18.
América Móvil has decreased its dividend by an average of 10.3% per year over the last three years.
América Móvil Price Performance
Shares of América Móvil stock opened at $16.95 on Thursday. The stock has a market cap of $52.63 billion, a P/E ratio of 15.69, a P/E/G ratio of 0.99 and a beta of 0.95. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.61 and a current ratio of 0.65. The stock’s fifty day moving average is $18.59 and its 200 day moving average is $18.51. América Móvil has a one year low of $15.99 and a one year high of $22.26.
Analyst Ratings Changes
A number of equities research analysts have commented on AMX shares. The Goldman Sachs Group upgraded shares of América Móvil from a “neutral” rating to a “buy” rating and raised their target price for the stock from $21.00 to $22.00 in a research note on Monday, April 29th. JPMorgan Chase & Co. lifted their target price on shares of América Móvil from $15.00 to $17.50 and gave the company an “underweight” rating in a research note on Monday, April 1st. Finally, Scotiabank upped their target price on shares of América Móvil from $16.60 to $17.20 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, América Móvil has an average rating of “Moderate Buy” and an average target price of $21.47.
Check Out Our Latest Stock Report on América Móvil
About América Móvil
América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.
Read More
- Five stocks we like better than América Móvil
- What is Short Interest? How to Use It
- Lennar Stock: A Prime Opportunity for Buy-and-Hold Investors
- NYSE Stocks Give Investors a Variety of Quality Options
- ARM Holdings’ Stock Meteoric Rise: Is It a Buy or Overbought?
- How to Calculate Return on Investment (ROI)
- Rocket Lab Stock Jumps 40%: Analysts Fuel Growing Momentum
Receive News & Ratings for América Móvil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for América Móvil and related companies with MarketBeat.com's FREE daily email newsletter.