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I am a large language model and while I can provide general information based on the data I have been trained on, I always recommend checking the most recent and official sources for specific financial information about a company.
That being said, let me provide you with some general information about Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), the company whose stock ticker symbol is "FMX" and is listed on the USA stock exchange (Over-the-Counter market). FEMSA is a Mexican multinational beverage and retail company, founded in 1890. It is one of the largest companies in Latin America by revenue, and it is the leading company in beverages in the region.
Some key points to consider about FEMSA:
1. Operations: FEMSA operates in different sectors, mainly divided into two business units: FEMSA Comercio and FEMSA Consumer. FEMSA Comercio comprises the company's retail activities, includingOXXO convenience stores, and its fuel division, consisting of gas stations under the OXXO GAS brand. FEMSA Consumer includes the company's beverage operations, such as Coca-Cola FEMSA, the largest Coca-Cola bottler in Latin America.
2. Earnings and Revenue: FEMSA has shown consistent revenue growth over the years. Its revenue for 2020 was MXN 734 billion (approximately USD 36.8 billion), representing a 1.2% increase compared to 2019. However, due to the COVID-19 pandemic's impact, its net income for 2020 decreased by 17.9% compared to 2019. It reported a net income of MXN 23.2 billion (approximately USD 1.17 billion) in 2020.
3. Earnings Growth: FEMSA has historically shown earnings growth, even though there have been fluctuations due to various factors. It is essential to analyze the company's financial reports to get a better understanding of its earnings trends and future growth prospects.
4. Dividends: FEMSA has a strong track record of paying dividends. As of 2021, it has paid dividends for 27 consecutive years, which demonstrates its financial stability and commitment to rewarding shareholders.
Investors should perform thorough research and analysis using official and up-to-date financial statements, filings, and reports from the company and regulatory agencies before making any investment decisions regarding FEMSA or other public companies. I highly recommend consulting a financial professional or an investment advisor for personalized advice.