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 7.14% that is well covered by earnings. Next payment date is on 2nd September, 2024 with an ex-dividend date of 2nd August, 2024.
Key information
7.1%
Dividend yield
58%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 02 Sep 24 |
| Ex dividend date | 02 Aug 24 |
| Dividend per share | R$0.637 |
| Earnings per share | R$1.10 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
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) | 7.1% |
| Market Bottom 25% (BR) | 2.5% |
| Market Top 25% (BR) | 8.7% |
| Industry Average (Banks) | 4.6% |
| Analyst forecast in 3 Years (BEES3) | n/a |
Notable Dividend: BEES3's dividend (7.14%) is higher than the bottom 25% of dividend payers in the BR market (2.47%).
High Dividend: BEES3's dividend (7.14%) is low compared to the top 25% of dividend payers in the BR market (8.67%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), 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.