08-31-2023
BRL/share | |
Price | 13.24 |
Dividend | 0.74 |
Earnings | 2.28 |
Cash-flow | 9.46 |
Book value | 14.71 |
Equity | 14.16 |
Banco Bradesco S/A O is part of Banks business, which is part of Financials industry. Banco Bradesco S/A O is a company from Brazil, and his stocks are publicly traded.
Banco Bradesco S/A O stock dividend
Banco Bradesco S/A O paid a total dividend of 3,931 million BRL last year, for a market value of 70,331 millions (Market Cap 19,878 millions). Banco Bradesco S/A O dividend per share is 0.74 BRL, and his stock market price 13.24 BRL.
According to the chart below, where dividend yield is displayed, Banco Bradesco S/A O has a dividend yield of 5.57%, which is higher than the amount offered by both the market average and companies from Brazil. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Banco Bradesco S/A O stocks dividend with other Banks companies or other of the highest Brazil dividend stocks list.
Banco Bradesco S/A O Dividend Payout
About the ability of Banco Bradesco S/A O to maintain his current dividend of BRL 0.74 per share, an amount that accounts for 5.57%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Banco Bradesco S/A O payout on ernings is currently 32.46%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Banco Bradesco S/A Ocan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Banco Bradesco S/A O is BRL 9.46 per share, which is higher than the dividend per share paid by the company of BRL 0.74, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Banco Bradesco S/A O, compared againt world market average, Brazil companies, Financials industry and Banks sector companies.
Banco Bradesco S/A O Dividend History
Below you will find a table with the historical evolution of Banco Bradesco S/A O's dividend stock, both in percentage and in BRL, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | BRL | Paypout | Shares* |
Present | 5.57% | 0.74 | 32.46% | 5,312 |
2022 | 1.49% | 0.20 | 8.30% | 5,338 |
2021 | 5.41% | 0.88 | 41.90% | 4,871 |
2020 | 2.61% | 0.63 | 20.79% | 4,428 |
2019 | 5.30% | 1.81 | 61.56% | 4,025 |
2018 | 0.24% | 0.08 | 2.77% | 3,354 |
2017 | 3.46% | 1.11 | 37.37% | 3,049 |
2016 | 5.55% | 1.62 | 46.69% | 2,777 |
2015 | 4.66% | 1.12 | 32.18% | 2,524 |
*In millions
Then you can see the evolution of Banco Bradesco S/A O dividend stock, and compare it with the average of Brazil stocks and that of the Banks stocks.
Banco Bradesco S/A O Stock performance
Finally, last moth Banco Bradesco S/A O showed a return of -10.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -16.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Banks firms.