Banestes - Banco do Estado do Espírito Santo Dividends and Buybacks
Dividend criteria checks 3/6
Banestes - Banco do Estado do Espírito Santo is a dividend paying company with a current yield of 7.34% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 4th November, 2024.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 04 Nov 24 |
| Dividend per share | R$0.637 |
| Payout ratio | 53% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BEES3) | 7.3% |
| Market Bottom 25% (BR) | 3.1% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (Banks) | 5.3% |
| Analyst forecast (BEES3) (up to 3 years) | n/a |
Notable Dividend: BEES3's dividend (7.34%) is higher than the bottom 25% of dividend payers in the BR market (2.91%).
High Dividend: BEES3's dividend (7.34%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.7%), 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.