Banco Popular Dividend
Dividend criteria checks 2/6
Banco Popular S.A. is a dividend paying company with a current yield of 8.6% that is well covered by earnings. Next payment date is on 01 Mar 2023 with an ex-dividend date of 23 Feb 2023.
Key information
8.6%
Dividend yield
10%
Payout ratio
| Industry average yield | 7.4% |
| Next dividend pay date | 01 Mar 23 |
| Ex dividend date | 23 Feb 23 |
| Dividend per share | Col$18.96 |
| Earnings per share | Col$26.93 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Dividend Yield vs Market
| Banco Popular Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (POPULAR) | 8.6% |
| Market Bottom 25% (CO) | 4.1% |
| Market Top 25% (CO) | 12.2% |
| Industry Average (Banks) | 7.4% |
| Analyst forecast in 3 Years (POPULAR) | n/a |
Notable Dividend: POPULAR's dividend (8.62%) is higher than the bottom 25% of dividend payers in the CO market (4.02%).
High Dividend: POPULAR's dividend (8.62%) is low compared to the top 25% of dividend payers in the CO market (12.01%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/1/2023 | 18.96 | 8.62 |
| 3/1/2022 | 18.96 | 7.7 |
| 3/19/2021 | 19.2 | 6.84 |
| 11/18/2020 | 19.2 | 6.86 |
| 8/15/2020 | 19.2 | 6.86 |
| 5/16/2020 | 19.2 | 6.85 |
| 3/21/2020 | 16.8 | 6 |
| 3/22/2019 | 8.64 | 2.74 |
| 11/15/2018 | 8.64 | 2.15 |
| 8/18/2018 | 8.64 | 1.89 |
| 5/15/2018 | 9.56 | 2.09 |
| 2/19/2018 | 12.55 | 2.74 |
| 8/22/2017 | 13.85 | 2.94 |
| 2/27/2017 | 13.85 | 2.9 |
| 4/14/2016 | 16.8 | 3.44 |
| 11/17/2015 | 23.4 | 4.76 |
| 4/6/2015 | 24 | 5.62 |
Stable Dividend: POPULAR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: POPULAR has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), POPULAR'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.