Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) announced a None dividend on Tuesday, December 12th, Zacks reports. Stockholders of record on Tuesday, December 26th will be given a dividend of 0.18 per share by the bank on Wednesday, January 3rd. The ex-dividend date is Friday, December 22nd.

Grupo Financiero Santander Mexico S.A. B. de C.V. has decreased its dividend payment by an average of 14.7% per year over the last three years.

Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) traded up $0.13 on Wednesday, hitting $7.85. The stock had a trading volume of 1,415,400 shares, compared to its average volume of 1,657,863. Grupo Financiero Santander Mexico S.A. B. de C.V. has a 12 month low of $6.89 and a 12 month high of $10.82. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $5,129.30, a PE ratio of 11.35, a price-to-earnings-growth ratio of 1.58 and a beta of 1.35.

An institutional investor recently raised its position in Grupo Financiero Santander Mexico S.A. B. de C.V. stock. State Street Corp boosted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,899 shares of the bank’s stock after acquiring an additional 1,300 shares during the quarter. State Street Corp’s holdings in Grupo Financiero Santander Mexico S.A. B. de C.V. were worth $442,000 as of its most recent SEC filing. Institutional investors own 29.45% of the company’s stock.

Several equities research analysts have recently weighed in on BSMX shares. TheStreet cut Grupo Financiero Santander Mexico S.A. B. de C.V. from a “b-” rating to a “c+” rating in a research report on Thursday, November 9th. Zacks Investment Research lowered Grupo Financiero Santander Mexico S.A. B. de C.V. from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 19th. J P Morgan Chase & Co restated a “neutral” rating on shares of Grupo Financiero Santander Mexico S.A. B. de C.V. in a research note on Thursday, November 2nd. BidaskClub lowered Grupo Financiero Santander Mexico S.A. B. de C.V. from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, Credit Suisse Group lowered Grupo Financiero Santander Mexico S.A. B. de C.V. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $10.53.

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Grupo Financiero Santander Mexico S.A. B. de C.V. Company Profile

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities.

Dividend History for Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX)

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