Banestes S.A - Banco do Estado do Espírito Santo

BOVESPA:BEES3 Stock Report

Market Cap: R$2.9b

Banestes - Banco do Estado do Espírito Santo Dividend

Dividend criteria checks 3/6

Banestes - Banco do Estado do Espírito Santo is a dividend paying company with a current yield of 7.08% that is well covered by earnings. Next payment date is on 2nd May, 2024 with an ex-dividend date of 2nd April, 2024.

Key information

7.1%

Dividend yield

62%

Payout ratio

Industry average yield3.8%
Next dividend pay date02 May 24
Ex dividend date02 Apr 24
Dividend per sharen/a
Earnings per shareR$1.02
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Are You An Income Investor? Don't Miss Out On Banestes S.A - Banco do Estado do Espírito Santo (BVMF:BEES3)

Feb 15
Are You An Income Investor? Don't Miss Out On Banestes S.A - Banco do Estado do Espírito Santo (BVMF:BEES3)

Shareholders Of Banestes - Banco do Estado do Espírito Santo (BVMF:BEES3) Must Be Happy With Their 296% Total Return

Dec 25
Shareholders Of Banestes - Banco do Estado do Espírito Santo (BVMF:BEES3) Must Be Happy With Their 296% Total Return

Upcoming Dividend Payment

TodayMar 18 2024Ex Dividend DateApr 02 2024Dividend Pay DateMay 02 202430 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BEES3's dividend payments have been volatile in the past 10 years.

Growing Dividend: BEES3's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Banestes - Banco do Estado do Espírito Santo Dividend Yield vs Market
How does BEES3 dividend yield compare to the market?
SegmentDividend Yield
Company (BEES3)7.1%
Market Bottom 25% (BR)2.1%
Market Top 25% (BR)8.0%
Industry Average (Banks)3.8%
Analyst forecast in 3 Years (BEES3)n/a

Notable Dividend: BEES3's dividend (7.08%) is higher than the bottom 25% of dividend payers in the BR market (2.11%).

High Dividend: BEES3's dividend (7.08%) is low compared to the top 25% of dividend payers in the BR market (8.03%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (62.2%), BEES3's dividend payments are 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.


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