Localiza Rent a Car Dividends and Buybacks
Dividend criteria checks 3/6
Localiza Rent a Car is a dividend paying company with a current yield of 4.97%. Next payment date is on 7th February, 2025 with an ex-dividend date of 18th December, 2024.
Key information
5.0%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 8.2% |
| Dividend Growth | 24.7% |
| Next dividend pay date | 07 Feb 25 |
| Ex dividend date | 18 Dec 24 |
| Dividend per share | R$1.586 |
| Payout ratio | 99% |
Recent dividend and buyback updates
Recent updates
Is Now The Time To Look At Buying Localiza Rent a Car S.A. (BVMF:RENT3)?
Jan 20
Localiza Rent a Car S.A.'s (BVMF:RENT3) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Dec 13Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 14Here's Why Localiza Rent a Car (BVMF:RENT3) Is Weighed Down By Its Debt Load
Oct 25Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Aug 16Earnings Beat: Localiza Rent a Car S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 11Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden
May 08Is It Time To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?
Apr 19Localiza Rent a Car's (BVMF:RENT3) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 18Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
Mar 15Investors Still Waiting For A Pull Back In Localiza Rent a Car S.A. (BVMF:RENT3)
Feb 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RENT3's dividends per share have been stable in the past 10 years.
Growing Dividend: RENT3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Localiza Rent a Car Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RENT3) | 5.0% |
| Market Bottom 25% (BR) | 3.1% |
| Market Top 25% (BR) | 9.9% |
| Industry Average (Transportation) | 3.2% |
| Analyst forecast (RENT3) (up to 3 years) | 8.2% |
Notable Dividend: RENT3's dividend (4.97%) is higher than the bottom 25% of dividend payers in the BR market (3.07%).
High Dividend: RENT3's dividend (4.97%) is low compared to the top 25% of dividend payers in the BR market (9.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.6%), RENT3's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RENT3 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 11:34 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Localiza Rent a Car S.A. is covered by 29 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Spilberg | Barclays |
| Renato Ramos de Almeida Hallgren | BB Banco de Investimento S.A. |
| Rogerio Araujo | BofA Global Research |