Banestes S.A - Banco do Estado do Espírito Santo

BOVESPA:BEES4 Stock Report

Market Cap: R$2.7b

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 7.6% 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

7.6%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth1.1%
Next dividend pay date02 Dec 24
Ex dividend date04 Nov 24
Dividend per shareR$0.637
Payout ratio60%

Recent dividend and buyback updates

No updates

Recent updates

No updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BEES4's dividend payments have been volatile in the past 10 years.

Growing Dividend: BEES4'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 BEES4 dividend yield compare to the market?
SegmentDividend Yield
Company (BEES4)7.6%
Market Bottom 25% (BR)3.0%
Market Top 25% (BR)9.5%
Industry Average (Banks)5.2%
Analyst forecast (BEES4) (up to 3 years)n/a

Notable Dividend: BEES4's dividend (7.6%) is higher than the bottom 25% of dividend payers in the BR market (2.96%).

High Dividend: BEES4's dividend (7.6%) is low compared to the top 25% of dividend payers in the BR market (9.52%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.4%), BEES4'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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