Banco del Bajio Dividend yield

 Price  75.83
 Dividend  7.79
 Earnings  7.15
 Cash-flow  8.24
 Book value  30.33
 Equity  31.50

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

Banco del Bajio stock dividend

Banco del Bajio paid a total dividend of 9,270 million MXN last year, for a market value of 90,238 millions (Market Cap 53,705 millions). Banco del Bajio dividend per share is 7.79 MXN, and his stock market price 75.83 MXN.

According to the chart below, where dividend yield is displayed, Banco del Bajio has a dividend yield of 10.27%, which is higher than the amount offered by both the market average and companies from Mexico. 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 del Bajio stocks dividend with other Banks companies or other of the highest Mexico dividend stocks list.

Dividend yield of Banco del Bajio

Banco del Bajio Dividend Payout

About the ability of Banco del Bajio to maintain his current dividend of MXN 7.79 per share, an amount that accounts for 10.27%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Banco del Bajio payout on ernings is currently 108.95%, which is higher than the market average, and companies of Financials industry, which are 41.20% and 45.83% respectively. Both figures show that Banco del Bajio 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 del Bajio is MXN 8.24 per share, which is higher than the dividend per share paid by the company of MXN 7.79, 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 del Bajio, compared againt world market average, Mexico companies, Financials industry and Banks sector companies.

Banco del Bajio payout

Banco del Bajio Dividend History

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

Year Yield  MXN  Paypout  Shares* 

*In millions

Banco del Bajio Stock performance

Finally, last moth Banco del Bajio showed a return of 23.20% compared to a worldwide 5.46% average, and a 5.37% of Financials firms. Over the last year, the company obtained a 70.70% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for Mexico and Banks firms.

Banco del Bajio stock and market return