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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