America Movil SAB de CV (AMX) DIvidends Date & History

Key Takeaways

• América Móvil pays a semi-annual dividend of roughly $0.56 per ADR (American Depositary Receipt) over the trailing twelve months, translating to a dividend yield near 2.2%.
• The dividend is supported by a modest payout ratio of roughly 36% of earnings, leaving ample room for reinvestment and future increases.
• The company has a track record of consistent, growing distributions, with a five-year annualized dividend growth rate in the mid-to-high single digits.
• Its yield is below the broader telecom industry median, making it more of a balanced dividend-growth story than a pure high-yield play.
• The dividend appears well covered by both earnings and free cash flow, supporting its sustainability for income-focused investors.

Dividend Overview

América Móvil, S.A.B. de C.V. (AMX) is one of Latin America's largest telecommunications companies, operating wireless and fixed-line networks across Mexico, Brazil, Colombia, and more than 20 other countries. The company pays a semi-annual dividend, distributing cash to shareholders twice each year rather than on a quarterly basis like many U.S. peers.

Based on recent distributions, América Móvil's trailing twelve-month dividend is approximately $0.56 per ADR, giving the stock a dividend yield of around 2.2%. This positions the company as a modest-yield dividend payer rather than a high-yield income stock. However, its relatively low payout ratio and steady distribution increases give it characteristics of an emerging dividend growth story, appealing to investors who prioritize growing income over maximum current yield.

Dividend History and Growth

América Móvil has a long record of returning cash to shareholders, with a history of dividend payments stretching back more than two decades. In recent years the company has generally maintained two distributions per year, with the most recent payments including a $0.2825 per ADR dividend (ex-dividend November 7, 2025) and a $0.31 per ADR dividend (ex-dividend July 14, 2026).

Over the trailing twelve months, the total dividend rose by roughly 10% compared with the prior-year period, and longer-term data points to a five-year annualized growth rate in the 6% to 10% range. Notably, distributions around 2022 and early 2023 were elevated by an extraordinary payout tied to the spin-off of the company's telecommunications tower assets. Setting aside that one-time event, the underlying trend has been one of gradual, compounding dividend increases that reflect management's disciplined capital-return policy.

Dividend Sustainability and Payout Ratio

América Móvil's dividend appears comfortably sustainable. The company's payout ratio stands near 36% of earnings, meaning it distributes only about a third of its net income to shareholders, leaving the bulk of profits available for network investment, debt reduction, and buybacks. Free cash flow coverage is similarly strong, with dividends consuming only a modest portion of cash generated from operations.

Like most telecommunications operators, América Móvil carries meaningful leverage, with a debt-to-equity ratio above 150% — a reflection of the capital-intensive nature of building and maintaining network infrastructure across emerging markets. However, the company generates stable, recurring cash flows from its large subscriber base, which helps offset this leverage. The combination of a conservative payout ratio, solid free cash flow, and predictable telecom revenue supports the view that the dividend is well covered and likely to persist.

Dividend Compared to Industry Peers

Within the global telecom sector, América Móvil's roughly 2.2% dividend yield sits below the industry median, which often exceeds 3%. Large U.S. carriers such as AT&T (T) and Verizon (VZ) typically offer yields in the 5% to 7% range, while European and Latin American operators also frequently pay higher current income.

That lower yield, however, is offset by a more conservative payout ratio and stronger dividend growth potential. Where many high-yield telecom peers distribute a large majority of their earnings, América Móvil retains substantial capital for expansion in high-growth markets such as Brazil and Mexico. As a result, the stock compares favorably to peers on dividend growth and balance-sheet flexibility, even if it trails them on headline yield.

AI Screener

Tickeron's AI Screener is an AI-powered stock and ETF (exchange-traded fund) discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener is particularly useful for identifying dividend stocks, income-focused investments, trending stocks, breakout candidates, and emerging market opportunities more efficiently than manual screening. Explore the AI Screener to build your own watchlist and uncover income and growth ideas that match your criteria.

Is This Stock Attractive for Dividend Investors?

América Móvil is most likely to appeal to dividend growth investors and long-term, internationally minded investors who are comfortable with emerging-market exposure. Its roughly 2.2% yield is modest by telecom standards, so it may not satisfy investors seeking maximum current income. Instead, the stock's appeal lies in its low payout ratio, recurring cash flows, and steady history of raising distributions — characteristics that suggest the dividend could continue compounding over time.

Income investors who need a higher yield today may find the stock less compelling than U.S. or European telecom peers, while conservative investors focused purely on stability should weigh the currency and regulatory risks associated with Latin American operations. Ultimately, América Móvil is better suited to investors who prioritize dividend sustainability and growth potential over a high current yield, and who have a longer investment horizon. As always, investors should evaluate their own objectives and risk tolerance.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations