Banco de Occidente Dividend
Dividend criteria checks 4/6
Banco de Occidente is a dividend paying company with a current yield of 11.5% that is well covered by earnings. Next payment date is on 04 Jul 2023 with an ex-dividend date of 27 Jun 2023.
Key information
11.5%
Dividend yield
11%
Payout ratio
| Industry average yield | 9.4% |
| Next dividend pay date | 04 Jul 23 |
| Ex dividend date | 27 Jun 23 |
| Dividend per share | Col$1.61k |
| Earnings per share | Col$3.22k |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Dividend Yield vs Market
| Banco de Occidente Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OCCIDENTE) | 11.5% |
| Market Bottom 25% (CO) | 3.2% |
| Market Top 25% (CO) | 12.5% |
| Industry Average (Banks) | 9.4% |
| Analyst forecast in 3 Years (OCCIDENTE) | n/a |
Notable Dividend: OCCIDENTE's dividend (11.51%) is higher than the bottom 25% of dividend payers in the CO market (3.24%).
High Dividend: OCCIDENTE's dividend (11.51%) is low compared to the top 25% of dividend payers in the CO market (12.49%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 5/31/2023 | 1,612.08 | 11.5% |
| 4/4/2023 | 1,612.08 | 10.8% |
| 3/2/2022 | 1,233.96 | 5.5% |
| 11/10/2015 | 1,800 | 4.9% |
| 3/18/2015 | 1,800 | 5% |
| 8/29/2014 | 1,644 | 4% |
| 3/1/2014 | 1,644 | 4.1% |
| 3/7/2013 | 1,524 | 3.9% |
| 9/6/2012 | 1,380 | 4.3% |
Stable Dividend: OCCIDENTE's dividends per share have been stable in the past 10 years.
Growing Dividend: OCCIDENTE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.6%), OCCIDENTE's dividend payments are thoroughly 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.