Femsa announces ordinary dividend proposal for 2022

Monterrey, mexico, march 04, 2022 (globe newswire) -- fomento econÓmico mexicano, s.a.b. de c.v. (“femsa”) (nyse: fmx; bmv: femsaubd, femsaub) announces that its board of directors has proposed an ordinary dividend in the amount of ps. 11,358 million, to be paid during 2022. this proposal represents an increase of 48% and 10% compared to the dividends paid during 2021 and 2020, respectively. after deviating from historical trends in 2021, this amount is more in line with the encouraging long-term performance of our business, and it highlights femsa's robust cash generation profile.
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