Bradespar S.A. Dividend yield




   BRL/share 
 Price  24.01
 Dividend  9.20
 Earnings  20.01
 Cash-flow  10.44
 Book value  18.47
 Equity  23.24

Bradespar S.A. is part of Financial Services business, which is part of Financials industry. Bradespar S.A. is a company from Brazil, and his stocks are publicly traded.

Bradespar S.A. paid a total dividend of 2,346 million BRL last year, for a market value of 6,123 millions (Market Cap 6,023 millions). Dividend per share of Bradespar S.A. is 9.20 BRL, and his stock market price 24.01 BRL.

According to the chart below, where dividend yield is displayed, Bradespar S.A. has a dividend yield of 38.31%, 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 Bradespar S.A. dividend yield with other Financial Services companies or firms from Brazil.

Dividend yield of Bradespar S.A.

Bradespar S.A. Dividend Payout

About the ability of Bradespar S.A. to maintain his current dividend of BRL 9.20 per share, an amount that accounts for 38.31%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bradespar S.A. payout on ernings is currently 45.98%, which is higher than the market average, but lower than companies of Financials industry, which are 41.59% and 46.58% respectively. Both figures show that Bradespar S.A. should not have problems to continue paying his 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 Bradespar S.A. is BRL 10.44 per share, which is higher than the dividend per share paid by the company of BRL 9.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bradespar S.A., compared againt world market average, Brazil companies, Financials industry and Financial Services sector companies.

Bradespar S.A. payout

Bradespar S.A. Dividend History

Year Yield  BRL  Paypout  Shares* 
Present38.31%9.2045.98%255
202142.69%10.67289.95%255
20203.05%1.94-170.18%226
20195.32%2.0460.71%226
20187.07%2.2433.94%226
20174.97%1.4380.79%226

*In millions

Bradespar S.A. Stock performance

Finally, last moth Bradespar S.A. showed a return of 1.10% compared to a worldwide 3.75% average, and a 3.08% of Financials firms. Over the last year, the company obtained a -5.20% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Brazil and Financial Services firms.

Bradespar S.A. stock and market return