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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) pays a $0.00 annual dividend, yielding 8.87% at $55.41/share. Next ex-dividend date 2026-05-28. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 8.87%
Annual Dividend: $0.00 per share
Payout Ratio: 89.4%
Ex-Dividend Date: 2026-05-28
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 16
Grupo Financiero Banorte, S.A.B. de C.V. dividend stands out as one of the highest-yielding payouts in the regional banking sector, currently sitting at 9.52%. Founded in 1899 and headquartered in Mexico City, GBOOY operates across retail banking, wholesale banking, and insurance in Mexico, offering products from mortgage and payroll loans to structured syndicated financing. The company pays quarterly, with the next ex-dividend date on 2026-05-28 and a last dividend payment of $3.0360 per share. That yield level attracts income-focused investors, though the high payout ratio is a factor worth examining closely.
Grupo Financiero Banorte, S.A.B. de C.V. pays out 89.4% of earnings as dividends, a payout ratio classified as high (above 75%). GBOOY operates across a broad base of recurring-revenue banking services, including payroll accounts, credit cards, mortgage loans, and SME lending in Mexico, which supports ongoing cash generation that underpins Grupo Financiero Banorte, S.A.B. de C.V. dividend safety at current levels. The primary pressure point is the thin margin between earnings and the dividend: at 89.4%, any meaningful earnings decline leaves little buffer before a cut becomes necessary.
Over the past 15 years, Grupo Financiero Banorte, S.A.B. de C.V. dividend history shows a CAGR of 22.9% per year from 2010 to 2025. Per-share payments grew from $0.2010 to $4.4418 over that window (2026 is a partial year and excluded from this calculation). The largest single-year jump was 122.3% in 2016, but the data also includes at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +13.6% | $3.03 (2022) | $4.44 (2025) |
| 5-Year | +26.0% | $1.40 (2019) | $4.44 (2025) |
| 10-Year | +38.8% | $0.17 (2014) | $4.44 (2025) |
GBOOY fits dividend investors who prioritize current income over predictable, uninterrupted growth. The yield is high (above 4%), currently at 9.52%, well above the 5-year average of 6.66%, which means the stock is paying out at an elevated rate relative to its own history. That gap reflects either a price decline, a payout increase, or both. The trade-off is clear: income is generous, but an 89.4% payout ratio leaves little room for error if Grupo Financiero Banorte, S.A.B. de C.V. faces earnings pressure from its Mexican banking operations. Growth over 15 years has been dramatic in aggregate, but the path has included cuts and partial years, so income reliability is not guaranteed by history alone.
| Payment Date | Amount per Share |
|---|---|
| 2026-05-28 | $2.9968 |
| 2025-12-12 | $1.9181 |
| 2025-05-05 | $2.5237 |
| 2024-12-23 | $0.8709 |
| 2024-07-01 | $2.4838 |
| 2023-10-19 | $1.4381 |
| 2023-06-15 | $2.2814 |
| 2022-12-09 | $1.5000 |
| 2022-06-01 | $1.5310 |
| 2021-12-10 | $0.6182 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.9968 |
| 2025 | $4.4418 |
| 2024 | $3.3547 |
| 2023 | $3.7195 |
| 2022 | $3.0310 |
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