Banco BMG Dividend
Dividend criteria checks 2/6
Banco BMG is a dividend paying company with a current yield of 8.91%. Next payment date is on 8th November, 2024 with an ex-dividend date of 22nd October, 2024.
Key information
8.9%
Dividend yield
139%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 08 Nov 24 |
| Ex dividend date | 22 Oct 24 |
| Dividend per share | R$0.365 |
| Earnings per share | R$0.79 |
| Dividend yield forecast | 8.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BMGB4 has been paying a dividend for less than 10 years.
Growing Dividend: BMGB4's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Banco BMG Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BMGB4) | 8.9% |
| Market Bottom 25% (BR) | 2.6% |
| Market Top 25% (BR) | 9.1% |
| Industry Average (Banks) | 4.4% |
| Analyst forecast (BMGB4) (up to 3 years) | 8.1% |
Notable Dividend: BMGB4's dividend (8.91%) is higher than the bottom 25% of dividend payers in the BR market (2.62%).
High Dividend: BMGB4's dividend (8.91%) is low compared to the top 25% of dividend payers in the BR market (9.15%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (138.6%), BMGB4's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMGB4's dividends in 3 years are forecast to be well covered by earnings (34.5% payout ratio).