Banco del Bajío Institución de Banca Múltiple Dividends and Buybacks
Dividend criteria checks 4/6
Banco del Bajío Institución de Banca Múltiple is a dividend paying company with a current yield of 12.66% that is well covered by earnings.
Key information
12.7%
Dividend yield
-0.007%
Buyback Yield
| Total Shareholder Yield | 12.7% |
| Future Dividend Yield | 10.7% |
| Dividend Growth | 38.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.327 |
| Payout ratio | 61% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BBAJ.F has been paying a dividend for less than 10 years.
Growing Dividend: BBAJ.F's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Banco del Bajío Institución de Banca Múltiple Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BBAJ.F) | 12.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BBAJ.F) (up to 3 years) | 10.7% |
Notable Dividend: BBAJ.F's dividend (12.66%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: BBAJ.F's dividend (12.66%) is in the top 25% of dividend payers in the US market (4.46%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61%), BBAJ.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBAJ.F's dividends in 3 years are forecast to be covered by earnings (58% payout ratio).