Banco Bradesco Dividend
Dividend criteria checks 4/6
Banco Bradesco is a dividend paying company with a current yield of 4.48% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
4.5%
Dividend yield
4%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | 10 Jun 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.34 |
| Dividend yield forecast in 3Y | 8.1% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0HL8's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0HL8's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Banco Bradesco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0HL8) | 4.5% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast in 3 Years (0HL8) | 8.1% |
Notable Dividend: 0HL8's dividend (4.48%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0HL8's dividend (4.48%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.2%), 0HL8's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0HL8's dividends in 3 years are forecast to be well covered by earnings (39% payout ratio).