Banco de Chile Dividend yield

Banco de Chile is part of Banks business, which is part of Financials industry. Banco de Chile is a company from Chile, and his stocks are publicly traded.

Banco de Chile stock dividend

Banco de Chile paid a total dividend of 866,726 million CLP last year, for a market value of 9,394,581 millions (Market Cap 4,058,366 millions). Banco de Chile dividend per share is 8.58 CLP, and his stock market price 93.00 CLP.

According to the chart below, where dividend yield is displayed, Banco de Chile has a dividend yield of 9.23%, which is higher than the amount offered by both the market average and companies from Chile. 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 de Chile stocks dividend with other Banks companies or other of the highest Chile dividend stocks list.

Banco de Chile Dividend Payout

About the ability of Banco de Chile to maintain his current dividend of CLP 8.58 per share, an amount that accounts for 9.23%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Banco de Chile payout on ernings is currently 60.89%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Banco de Chile can have problems to keep with his present dividend yield.

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 de Chile is CLP 2.73 per share, which is lower than the dividend per share paid by the company of CLP 8.58, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Banco de Chile, compared againt world market average, Chile companies, Financials industry and Banks sector companies.

Banco de Chile Dividend History

Below you will find a table with the historical evolution of Banco de Chile's dividend stock, both in percentage and in CLP, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	CLP	Paypout	Shares*
Present	9.23%	8.58	60.89%	101,017
2022	6.07%	5.34	66.75%	101,017
2021	3.28%	2.18	45.89%	101,017
2020	4.78%	3.47	57.83%	101,017
2019	4.43%	3.53	58.93%	101,017
2018	3.10%	3.07	53.21%	101,670
2017	2.89%	2.85	50.89%	100,219
2016	2.00%	1.53	26.47%	98,275
2015	4.73%	3.35	54.38%	97,475

*In millions

Then you can see the evolution of Banco de Chile dividend stock, and compare it with the average of Chile stocks and that of the Banks stocks.

Banco de Chile Stock performance

Finally, last moth Banco de Chile showed a return of -0.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 9.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Chile and Banks firms.