Dividends
As of December 31 1998, a total dividend payment in cash to stockholders was proposed, equivalent to what results higher (i) 15% of the consolidated net profit corresponding to the fiscal year ending on December 31, 1992 or (ii) an amount equivalent to the “free cash flow” of the previous exercise.
“Free Cash Flow” means Modelo’s net income plus depreciation and amortization, plus/minus capital expenditures, minus fixed assets investments, minus payments to principal in case of debt.
Year |
Pesos per share |
2008 |
$2.09 |
2007 |
$2.14 |
2006 |
$1.34 |
2005 |
$1.16 |
2004 |
$0.98 |
2003 |
$0.65 |
2002 |
$0.42 |
2001 |
$0.16 |
2000 |
$0.30 |
1999 |
$0.02 |
1998 |
$0.65 |
Total number of shares: 3,252 million.
Note: Figures in constant pesos as of December 31, 2007, except 2008 which is in pesos as of April 2008. Adjusted by splits.
|
