Banco de Credito Dividend yield

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

Banco de Credito stock dividend

Banco de Credito paid a total dividend of 253,908 million CLP last year, for a market value of 4,684,657 millions (Market Cap 1,485,713 millions). Banco de Credito dividend per share is 1,329.36 CLP, and his stock market price 24,527.00 CLP.

According to the chart below, where dividend yield is displayed, Banco de Credito has a dividend yield of 5.42%, 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 Credito stocks dividend with other Banks companies or other of the highest Chile dividend stocks list.

Banco de Credito Dividend Payout

About the ability of Banco de Credito to maintain his current dividend of CLP 1329.36 per share, an amount that accounts for 5.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Banco de Credito payout on ernings is currently 28.73%, 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 de Creditocan 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 de Credito is CLP 7,007.71 per share, which is higher than the dividend per share paid by the company of CLP 1,329.36, 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 de Credito, compared againt world market average, Chile companies, Financials industry and Banks sector companies.

Banco de Credito Dividend History

Below you will find a table with the historical evolution of Banco de Credito'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	5.42%	1,329.36	28.73%	191
2022	3.82%	931.70	27.12%	169
2021	2.68%	667.05	27.87%	156
2020	3.41%	951.05	31.03%	149
2019	2.81%	958.21	31.47%	142
2018	2.14%	964.82	32.53%	136
2017	2.31%	988.22	33.50%	125
2016	2.92%	984.80	34.46%	123
2015	3.72%	981.00	29.76%	110

*In millions

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

Banco de Credito Stock performance

Finally, last moth Banco de Credito showed a return of -2.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 4.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Chile and Banks firms.