Vitro to propose share dividend

Mexican glass maker Vitro SA said on 26 February that it will propose a 0.25 pesos-per-share dividend to investors at its annual shareholders meeting on 14 March. The Monterrey-based company, which sa…

Mexican glass maker Vitro SA said on 26 February that it will propose a 0.25 pesos-per-share dividend to investors at its annual shareholders meeting on 14 March. The Monterrey-based company, which saw fourth-quarter operating profit fall to MXN 477 million (US$ 52.6 million), from MXN 796 million in the year-ago period, said the dividend will be proposed at its March meeting.