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
How does OCCIDENTE dividend yield compare to the 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
How stable has Banco de Occidente's dividend per share been in the past?
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.