Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México

BMV:BSMX B Stock Report

Mkt Cap: Mex$156.2b

Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Dividend

What is Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México current dividend yield, its reliability and sustainability?

[object Object] Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


11.44%

Current Dividend Yield

Dividend Yield vs Market

Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Dividend Yield vs Market
How does BSMX B dividend yield compare to the market?
SegmentDividend Yield
Company (BSMX B)11.4%
Market Bottom 25% (MX)1.9%
Market Top 25% (MX)6.7%
Industry Average (Banks)4.5%
Analyst forecast in 3 Years (BSMX B)9.0%

Notable Dividend: BSMX B's dividend (11.44%) is higher than the bottom 25% of dividend payers in the MX market (1.95%).

High Dividend: BSMX B's dividend (11.44%) is in the top 25% of dividend payers in the MX market (6.67%)


Stability and Growth of Payments

How stable has Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20241.947
12/31/20232.119
12/31/20222.168
12/3/20222.6411.44
7/22/20222.6412.1
6/22/20221.617.89
10/28/20210.552.4
5/12/20210.451.9
10/28/2020-0
7/31/2020-0
4/29/2020-0
3/30/2020-0
1/31/2020-0
4/30/20191.445.37
1/31/20180.692.51

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.


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.3%), BSMX B's dividend payments are 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 (47.2% payout ratio).


Discover strong dividend paying companies