Mexican bottler and retailer Femsa posted a 17.7% year-on-year fall in its fourth-quarter net profit, driven in part by higher sales and labor costs in Mexico, and a decline in its health business division, according to a filing released on Friday. Net profit for Femsa during the quarter reached 3.27 billion pesos ($193 million), while cost of sales surged 21%. Femsa's adjusted EBITDA in the quarter rose 3.6% to 26.93 billion pesos.
Coke continues to make sizable dividend increases and reward faithful shareholders.
These three companies reward their shareholders with high-quality and high-quantity dividends.