This company has been acquired
Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Dividend
Dividend criteria checks 2/6
Key information
12.5%
Dividend yield
95%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$3.93 |
| Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Recent updates
Banco Santander México GAAP EPS of Ps.0.93, revenue of Ps.25.06B
Feb 03Banco Santander México GAAP EPS of Ps.1.21, revenue of Ps.23.64B
Oct 27Banco Santander México goes ex-dividend tomorrow
Jul 28Banco Santander México reports Q1 results
Apr 28Banco Santander México reports Q4 results
Feb 03Banco Santander México, S.A. 2020 Q3 - Results - Earnings Call Presentation
Oct 30Banco Santander México reports Q3 results
Oct 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSMX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BSMX's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSMX) | 12.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (BSMX) | 9.1% |
Notable Dividend: BSMX's dividend (12.55%) is higher than the bottom 25% of dividend payers in the US market (1.7%).
High Dividend: BSMX's dividend (12.55%) is in the top 25% of dividend payers in the US market (5.14%)
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.8%), BSMX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.