Médica Sur to Pay Dividends
Médica Sur, a Mexican company specializing in medical and hospital services, announced that its shareholders approved the payment of a cash dividend equivalent to 1.50 pesos per share.
The dividend totals 143 million 107,255.50 pesos (approximately 7.3 million USD) and will be paid starting May 30, 2025, against the delivery of coupon number 30.
This dividend represents a yield of 4.3%, based on Médica Sur’s closing share price of 35 pesos on April 28, 2025, at the Mexican Stock Exchange.
RLH Properties Increases Capital
RLH Properties, a Mexican company specializing in luxury beach and city hotels, announced that its shareholders approved a capital increase of 4,327 million 732,500 pesos (approximately 221 million USD).
Of this amount, 1,749 million 453,077 pesos (approximately 89 million USD) correspond to the fixed part of the social capital increase, with the corresponding shares being issued.
The remaining 2,578 million 279,422.99 pesos (approximately 131.6 million USD) will be recorded as a subscription premium for shares.
Fitch Ratings Wins GlobalCapital Award
For the second consecutive year, international rating agency Fitch Ratings won the GlobalCapital award for Best Bond Rating Agency in Latin America.
The distinction pertains to emissions carried out in 2024 and resulted from an online vote among executives and operators of stock exchanges, banks, investors, law firms, and other financial market participants in Latin America during December and January.
Carlos Fiorillo Martínez, Fitch’s Latin America Director, received the recognition during the award ceremony at the Metropolitan Club in New York.
Hutchison Ports Invests in Sustainability
Hutchison Ports TIMSA, a subsidiary of Hutchison Ports, took a significant step towards efficiency and sustainability by investing over 300 million pesos in incorporating two electric mobile cranes (model ESP10) at the Manzanillo Port.
Each unit, capable of lifting 100 tonnes and reaching 22 rows of berth, will strengthen the handling of vessels up to 15,500 TEU (twenty-foot equivalent units) while aligning the terminal with Hutchison Ports’ global NET Zero strategy, aiming to reduce absolute emissions by 54.6% by 2033 and achieve carbon neutrality by 2050.
Kushki Reports Growth
Kushki, an Ecuadorian online payment platform, reported a growth exceeding 30% in total payment volume in Mexico during the first quarter of the year compared to the same period in 2024.
The company attributed this result to the onboarding of new clients in high-transaction industries and currently ranks sixth among over 14 acquirers by transaction volume processed in Mexico.
Kushki mentioned that it holds licenses for high-risk processing.
Key Questions and Answers
- What is Médica Sur and why is their dividend news important? Médica Sur is a Mexican company specializing in medical and hospital services. Their dividend news is important as it indicates financial health and shareholder returns.
- What does RLH Properties’ capital increase mean? RLH Properties’ capital increase of 4,327 million pesos will be used to strengthen their operations and potentially expand their luxury hotel offerings.
- Why is Fitch Ratings’ award significant? The GlobalCapital award won by Fitch Ratings highlights their credibility and expertise in the Latin American bond rating market.
- How does Hutchison Ports’ investment in Manzanillo Port contribute to sustainability? Hutchison Ports’ investment in electric mobile cranes and alignment with the NET Zero strategy demonstrates their commitment to reducing emissions and achieving carbon neutrality.
- What does Kushki’s growth signify for the Mexican payment processing market? Kushki’s growth indicates increasing demand for their services and a strong position within the Mexican payment processing market.
