Wal-Mart de Mexico SAB De CV announced that the company paying an ordinary and an extraordinary dividend of MXN 0.46 and MXN 0.29, respectively. A second extraordinary dividend of MXN 0.17 will be paid in November for a total of MXN 0.92 per share.

Wal-Mart de Mexico SAB De CV reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of MXN 101,910,538,000 against MXN 96,901,609,000 a year ago. Operating profit was MXN 6,948,011,000 against MXN 6,604,204,000 a year ago. Profit before income tax was MXN 7,011,130,000 against MXN 6,610,897,000 a year ago. Profit from continuing operations was MXN 4,970,375,000 against MXN 4,710,595,000 a year ago. Net profit was MXN 4,970,375,000 against MXN 4,710,595,000 a year ago. Basic earnings per share were MXN 0.28 against MXN 0.27 a year ago. Net cash flows from operating activities were MXN 5,050,688,000 against net cash flows used in operating activities of MXN 770,162,000 a year ago. Investment in property, plant and equipment was MXN 2,044,428,000 against MXN 2,068,901,000 a year ago. The company reported weak results, with its operational profit rising by just 5.2% and EBITDA increasing by only 6.1%. The firm's net profit was up 5.5% during the quarter. The weak results have been attributed to poor sales performance. Sales were up by just 5.2% compared with the year-ago period. The company's EBITDA during the quarter was MXN 9.173 billion.

Wal-Mart de Mexico SAB De CV, Q1 2013 Earnings Call, Apr 23, 2013