Itausa PN Dividend yield

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

Itausa PN stock dividend

Itausa PN paid a total dividend of 4,138 million BRL last year, for a market value of 59,737 millions (Market Cap 48,853 millions). Itausa PN dividend per share is 0.64 BRL, and his stock market price 9.24 BRL.

According to the chart below, where dividend yield is displayed, Itausa PN has a dividend yield of 6.92%, 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 Itausa PN stocks dividend with other Financial Services companies or other of the best Brazil dividend stocks list.

Itausa PN Dividend Payout

About the ability of Itausa PN to maintain his current dividend of BRL 0.64 per share, an amount that accounts for 6.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Itausa PN payout on ernings is currently 45.71%, which is higher than the market average, but lower than companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Itausa PN 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 Itausa PN is BRL 0.27 per share, which is lower than the dividend per share paid by the company of BRL 0.64, 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 Itausa PN, compared againt world market average, Brazil companies, Financials industry and Financial Services sector companies.

Itausa PN Dividend History

Below you will find a table with the historical evolution of Itausa PN'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	6.92%	0.64	45.71%	6,465
2022	7.05%	0.60	48.00%	6,377
2021	3.60%	0.32	40.00%	5,797
2020	5.56%	0.65	56.03%	5,525
2019	8.46%	1.19	112.26%	5,521
2018	7.28%	0.88	93.62%	5,524
2017	4.39%	0.47	43.12%	4,650
2016	4.78%	0.41	40.59%	4,623
2015	6.15%	0.45	45.45%	4,203

*In millions

Then you can see the evolution of Itausa PN dividend stock, and compare it with the average of Brazil stocks and that of the Financial Services stocks.

Itausa PN Stock performance

Finally, last moth Itausa PN showed a return of -5.50% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 11.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Financial Services firms.