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Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Dividend
Dividend criteria checks 3/6
Key information
11.7%
Dividend yield
95%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | Mex$3.93 |
| Dividend yield forecast in 3Y | 8.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSMX B has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BSMX B's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSMX B) | 11.7% |
| Market Bottom 25% (MX) | 2.1% |
| Market Top 25% (MX) | 6.3% |
| Industry Average (Banks) | 4.6% |
| Analyst forecast in 3 Years (BSMX B) | 8.5% |
Notable Dividend: BSMX B's dividend (11.71%) is higher than the bottom 25% of dividend payers in the MX market (2.06%).
High Dividend: BSMX B's dividend (11.71%) is in the top 25% of dividend payers in the MX market (6.8%)
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.8%), BSMX B's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BSMX B's dividends in 3 years are forecast to be well covered by earnings (43.9% payout ratio).