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Banco Modal Dividend
Dividend criteria checks 1/6
Banco Modal is a dividend paying company with a current yield of 3.18%.
Key information
3.2%
Dividend yield
-932%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -R$0.011 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MODL3 has been paying a dividend for less than 10 years.
Growing Dividend: MODL3's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Banco Modal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MODL3) | 3.2% |
| Market Bottom 25% (BR) | 2.2% |
| Market Top 25% (BR) | 8.7% |
| Industry Average (Capital Markets) | 1.3% |
| Analyst forecast in 3 Years (MODL3) | 3.2% |
Notable Dividend: MODL3's dividend (3.18%) is higher than the bottom 25% of dividend payers in the BR market (1.65%).
High Dividend: MODL3's dividend (3.18%) is low compared to the top 25% of dividend payers in the BR market (6.97%).
Current Payout to Shareholders
Earnings Coverage: MODL3 is paying a dividend but the company is unprofitable.
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.