Banco do Estado do Rio Grande do Sul Dividends and Buybacks
Dividend criteria checks 5/6
Banco do Estado do Rio Grande do Sul is a dividend paying company with a current yield of 9.65% that is well covered by earnings.
Key information
9.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 12.7% |
| Dividend Growth | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R$1.064 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BRSR3's dividend payments have been volatile in the past 10 years.
Growing Dividend: BRSR3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Banco do Estado do Rio Grande do Sul Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BRSR3) | 9.7% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (Banks) | 5.2% |
| Analyst forecast (BRSR3) (up to 3 years) | 12.7% |
Notable Dividend: BRSR3's dividend (9.65%) is higher than the bottom 25% of dividend payers in the BR market (2.93%).
High Dividend: BRSR3's dividend (9.65%) is in the top 25% of dividend payers in the BR market (9.45%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), BRSR3's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BRSR3's dividends in 3 years are forecast to be well covered by earnings (43.9% payout ratio).