Banco Bradesco Dividend
Dividend criteria checks 4/6
Banco Bradesco is a dividend paying company with a current yield of 4.5% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
4.5%
Dividend yield
4%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | R$1.22 |
| Dividend yield forecast in 3Y | 8.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BBDC4's dividend payments have been volatile in the past 10 years.
Growing Dividend: BBDC4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Banco Bradesco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BBDC4) | 4.5% |
| Market Bottom 25% (BR) | 2.2% |
| Market Top 25% (BR) | 8.8% |
| Industry Average (Banks) | 4.6% |
| Analyst forecast in 3 Years (BBDC4) | 8.1% |
Notable Dividend: BBDC4's dividend (4.5%) is higher than the bottom 25% of dividend payers in the BR market (2.18%).
High Dividend: BBDC4's dividend (4.5%) is low compared to the top 25% of dividend payers in the BR market (8.82%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.2%), BBDC4's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBDC4's dividends in 3 years are forecast to be well covered by earnings (42.1% payout ratio).