Declared Dividend • Apr 27
Dividend of Mex$0.27 announced Shareholders will receive a dividend of Mex$0.27. Ex-date: 14th July 2026 Payment date: 15th July 2026 Dividend yield will be 26%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 23
First quarter 2026 earnings released: EPS: Mex$0.39 (vs Mex$0.31 in 1Q 2025) First quarter 2026 results: EPS: Mex$0.39 (up from Mex$0.31 in 1Q 2025). Revenue: Mex$236.8b (up 2.1% from 1Q 2025). Net income: Mex$23.4b (up 25% from 1Q 2025). Profit margin: 9.9% (up from 8.1% in 1Q 2025). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Wireless Telecom industry in Europe. Aankondiging • Apr 08
América Móvil, S.A.B. de C.V. to Report Q1, 2026 Results on Apr 21, 2026 América Móvil, S.A.B. de C.V. announced that they will report Q1, 2026 results After-Market on Apr 21, 2026 Aankondiging • Mar 23
América Móvil, S.A.B. de C.V. (BMV:AMX B) entered into an agreement to acquire to acquire 73% stake in Desktop S.A. (BOVESPA:DESK3). América Móvil, S.A.B. de C.V. (BMV:AMX B) entered into an agreement to acquire to acquire 73% stake in Desktop S.A. (BOVESPA:DESK3) on March 22, 2026. Completion of the transaction is subject to certain customary closing conditions, including approvals by the Administrative Council for Economic Defense (CADE) and by the National Telecommunications Agency. América Móvil, S.A.B. de C.V. is acquiring Desktop S.A. through one of its subsidiaries in Brazil. Aankondiging • Mar 20
América Móvil, S.A.B. de C.V., Annual General Meeting, Apr 23, 2026 América Móvil, S.A.B. de C.V., Annual General Meeting, Apr 23, 2026. Location: lago zurich 245 plaza carso, telcel building 15th floor, ampliacion granada neighborhood, miguel hidalgo borough zip 11529, mexico Mexico Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Wireless Telecom industry in Europe. Total returns to shareholders of 34% over the past three years. New Risk • Feb 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Feb 12
Full year 2025 earnings released: EPS: Mex$1.37 (vs Mex$0.37 in FY 2024) Full year 2025 results: EPS: Mex$1.37 (up from Mex$0.37 in FY 2024). Revenue: Mex$943.6b (up 8.6% from FY 2024). Net income: Mex$82.8b (up 262% from FY 2024). Profit margin: 8.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Aankondiging • Jan 28
América Móvil, S.A.B. de C.V. to Report Q4, 2025 Results on Feb 10, 2026 América Móvil, S.A.B. de C.V. announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Aankondiging • Oct 02
América Móvil, S.A.B. de C.V. to Report Q3, 2025 Results on Oct 14, 2025 América Móvil, S.A.B. de C.V. announced that they will report Q3, 2025 results at 3:00 PM, Central Standard Time on Oct 14, 2025 Aankondiging • Jul 15
América Móvil, S.A.B. De C.V. Appoints Guadalupe De La Vega as an Independent Non-Executive Director Fresnillo plc announced that, in accordance with UK Listing Rule 6.4.9R(2), Ms Guadalupe de la Vega has advised the Company that she has been appointed as an Independent Non-Executive Director of América Móvil, S.A.B. de C.V. Aankondiging • Jul 09
América Móvil, S.A.B. de C.V. to Report Q2, 2025 Results on Jul 22, 2025 América Móvil, S.A.B. de C.V. announced that they will report Q2, 2025 results After-Market on Jul 22, 2025 Aankondiging • May 01
América Móvil, S.A.B. de C.V. announced delayed 20-F filing On 04/30/2025, América Móvil, S.A.B. de C.V. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Aankondiging • Apr 16
América Móvil, S.A.B. de C.V. to Report Q1, 2025 Results on Apr 29, 2025 América Móvil, S.A.B. de C.V. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Aankondiging • Apr 11
América Móvil, S.A.B. de C.V., Annual General Meeting, Apr 30, 2025 América Móvil, S.A.B. de C.V., Annual General Meeting, Apr 30, 2025. Location: 15th floor telcel building, plaza carso 245 lago zurich, ampliacion granada, miguel hidalgo, 11529, mexico Mexico Aankondiging • Mar 22
América Móvil, S.A.B. De C.V. Proposes Dividend AMÉRICA MÓVIL, S.A.B. DE C.V. at its shareholders’ meeting, to be held during April 2025 to pay a MXN 0.52 dividend per share, in two equal installments, to each of the shares of its capital stock, series “B”, subject to adjustments arising from corporate events, including the repurchase or placement of its own shares, that may vary the number of outstanding shares as of the dividend payment dates. Reported Earnings • Feb 15
Full year 2024 earnings released: EPS: Mex$0.46 (vs Mex$1.21 in FY 2023) Full year 2024 results: EPS: Mex$0.46 (down from Mex$1.21 in FY 2023). Revenue: Mex$869.2b (up 6.5% from FY 2023). Net income: Mex$28.3b (down 63% from FY 2023). Profit margin: 3.3% (down from 9.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Aankondiging • Jan 22
América Móvil, S.A.B. de C.V. to Report Q4, 2024 Results on Feb 11, 2025 América Móvil, S.A.B. de C.V. announced that they will report Q4, 2024 results After-Market on Feb 11, 2025 Upcoming Dividend • Nov 01
Upcoming dividend of Mex$0.24 per share Eligible shareholders must have bought the stock before 08 November 2024. Payment date: 11 November 2024. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.0%). New Risk • Oct 18
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 95% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (95% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • Oct 16
Third quarter 2024 earnings released: EPS: Mex$0.10 (vs Mex$0.03 in 3Q 2023) Third quarter 2024 results: EPS: Mex$0.10 (up from Mex$0.03 in 3Q 2023). Revenue: Mex$223.5b (up 9.6% from 3Q 2023). Net income: Mex$6.43b (up 217% from 3Q 2023). Profit margin: 2.9% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Wireless Telecom industry in Europe. Declared Dividend • Oct 08
First half dividend of Mex$0.24 announced Shareholders will receive a dividend of Mex$0.24. Ex-date: 8th November 2024 Payment date: 11th November 2024 Dividend yield will be 36%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (27% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 2.7% to bring the payout ratio under control. EPS is expected to grow by 64% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Aankondiging • Oct 02
América Móvil, S.A.B. de C.V. to Report Q3, 2024 Results on Oct 15, 2024 América Móvil, S.A.B. de C.V. announced that they will report Q3, 2024 results After-Market on Oct 15, 2024 Declared Dividend • Aug 28
First half dividend of Mex$0.24 announced Shareholders will receive a dividend of Mex$0.24. Ex-date: 8th November 2024 Payment date: 11th November 2024 Dividend yield will be 39%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (27% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 2.7% to bring the payout ratio under control. EPS is expected to grow by 65% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Aankondiging • Jul 04
América Móvil, S.A.B. de C.V. to Report Q2, 2024 Results on Jul 16, 2024 América Móvil, S.A.B. de C.V. announced that they will report Q2, 2024 results After-Market on Jul 16, 2024 Declared Dividend • May 20
Dividend of Mex$0.24 announced Shareholders will receive a dividend of Mex$0.24. Ex-date: 12th July 2024 Payment date: 15th July 2024 Dividend yield will be 32%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 02
América Móvil, S.A.B. de C.V. to Report Q1, 2024 Results on Apr 16, 2024 América Móvil, S.A.B. de C.V. announced that they will report Q1, 2024 results After-Market on Apr 16, 2024 Aankondiging • Jan 25
América Móvil, S.A.B. de C.V. to Report Q4, 2023 Results on Feb 13, 2024 América Móvil, S.A.B. de C.V. announced that they will report Q4, 2023 results After-Market on Feb 13, 2024 Upcoming Dividend • Nov 02
Upcoming dividend of Mex$0.23 per share at 3.1% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 13 November 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (7.9%). New Risk • Oct 27
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 95% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (95% net debt to equity). New Risk • Oct 22
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 101% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (101% net debt to equity). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: Mex$0.032 (vs Mex$0.23 in 3Q 2022) Third quarter 2023 results: EPS: Mex$0.032 (down from Mex$0.23 in 3Q 2022). Revenue: Mex$203.8b (down 5.0% from 3Q 2022). Net income: Mex$2.03b (down 86% from 3Q 2022). Profit margin: 1.0% (down from 6.8% in 3Q 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Wireless Telecom industry in Europe. Aankondiging • Oct 07
América Móvil, S.A.B. de C.V. to Report Q3, 2023 Results on Oct 17, 2023 América Móvil, S.A.B. de C.V. announced that they will report Q3, 2023 results at 3:00 PM, Central Standard Time on Oct 17, 2023 Upcoming Dividend • Jul 06
Upcoming dividend of Mex$0.23 per share at 2.5% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.1%). Aankondiging • Jun 28
América Móvil, S.A.B. de C.V. to Report Q2, 2023 Results on Jul 11, 2023 América Móvil, S.A.B. de C.V. announced that they will report Q2, 2023 results at 3:00 PM, Central Standard Time on Jul 11, 2023 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Wireless Telecom industry in Europe. Total returns to shareholders of 35% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €1.51 per share. 
