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 7.24% that is well covered by earnings. Next payment date is on 1st August, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
7.2%
Dividend yield
58%
Payout ratio
Industry average yield
4.8%
Next dividend pay date
01 Aug 24
Ex dividend date
02 Jul 24
Dividend per share
n/a
Earnings per share
R$1.10
Dividend yield forecast in 3Y
n/a
Recent dividend updates
No updates
Recent updates
No updates
Upcoming Dividend Payment
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?
Segment
Dividend Yield
Company (BEES4)
7.2%
Market Bottom 25% (BR)
2.5%
Market Top 25% (BR)
9.2%
Industry Average (Banks)
4.8%
Analyst forecast in 3 Years (BEES4)
n/a
Notable Dividend: BEES4's dividend (7.24%) is higher than the bottom 25% of dividend payers in the BR market (2.51%).
High Dividend: BEES4's dividend (7.24%) is low compared to the top 25% of dividend payers in the BR market (9.19%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), 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.