Localiza Rent a Car Dividend yield

Localiza Rent a Car is part of General Retailers business, which is part of Consumer Services industry. Localiza Rent a Car is a company from Brazil, and his stocks are publicly traded.

Localiza Rent a Car stock dividend

Localiza Rent a Car paid a total dividend of 1,513 million BRL last year, for a market value of 66,919 millions (Market Cap 53,091 millions). Localiza Rent a Car dividend per share is 1.43 BRL, and his stock market price 63.25 BRL.

According to the chart below, where dividend yield is displayed, Localiza Rent a Car has a dividend yield of 2.26%, which is lower than the amount offered by the market average , but bigger than Consumer Services industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Localiza Rent a Car stocks dividend with other General Retailers companies or other of the best Brazil dividend stocks list.

Localiza Rent a Car Dividend Payout

About the ability of Localiza Rent a Car to maintain his current dividend of BRL 1.43 per share, an amount that accounts for 2.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Localiza Rent a Car payout on ernings is currently 80.79%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Localiza Rent a Car 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 Localiza Rent a Car is BRL -8.55 per share, which is lower than the dividend per share paid by the company of BRL 1.43, 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 Localiza Rent a Car, compared againt world market average, Brazil companies, Consumer Services industry and General Retailers sector companies.

Localiza Rent a Car Dividend History

Below you will find a table with the historical evolution of Localiza Rent a Car'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	2.26%	1.43	80.79%	1,058
2022	2.46%	1.31	62.68%	986
2021	0.84%	0.45	31.69%	752
2020	0.64%	0.44	38.94%	751
2019	0.83%	0.39	43.82%	753
2018	1.13%	0.34	43.04%	658
2017	1.12%	0.25	38.46%	658
2016	1.93%	0.67	33.84%	212
2015	2.52%	0.67	34.01%	212

*In millions

Then you can see the evolution of Localiza Rent a Car dividend stock, and compare it with the average of Brazil stocks and that of the General Retailers stocks.

Localiza Rent a Car Stock performance

Finally, last moth Localiza Rent a Car showed a return of -5.90% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 4.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and General Retailers firms.