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Banco Mercantil do Brasil (BSP:BMEB4) Forward Dividend Yield % : 7.37% (As of Apr. 25, 2024)


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What is Banco Mercantil do Brasil Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Banco Mercantil do Brasil is 7.37%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Banco Mercantil do Brasil is 5.89%.

BSP:BMEB4's Forward Dividend Yield % is ranked better than
78.31% of 1171 companies
in the Banks industry
Industry Median: 4.14 vs BSP:BMEB4: 7.37

Banco Mercantil do Brasil's Dividends per Share for the three months ended in Dec. 2023 was R$0.83.

During the past 12 months, Banco Mercantil do Brasil's average Dividends Per Share Growth Rate was 184.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 68.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banco Mercantil do Brasil was 168.20% per year. The lowest was -55.20% per year. And the median was 26.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Banco Mercantil do Brasil's Forward Dividend Yield %

For the Banks - Regional subindustry, Banco Mercantil do Brasil's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banco Mercantil do Brasil's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Mercantil do Brasil's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Banco Mercantil do Brasil's Forward Dividend Yield % falls into.



Banco Mercantil do Brasil Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Banco Mercantil do Brasil Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.8252023-12-282023-12-272024-02-07Cash Dividendsemi-annuallyBRL:BRL 1.000000
BRL 0.4942023-08-142023-08-112023-08-18Cash Dividendsemi-annuallyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Banco Mercantil do Brasil's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.65/22.40
=7.37 %

Current Share Price is R$22.40.
Banco Mercantil do Brasil's Dividends per Share for the forward twelve months is calculated as R$0.825 * 2 = R$1.65.

Banco Mercantil do Brasil's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.319/22.40
=5.89 %

Current Share Price is R$22.40.
Banco Mercantil do Brasil's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$1.319.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banco Mercantil do Brasil  (BSP:BMEB4) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Banco Mercantil do Brasil Forward Dividend Yield % Related Terms

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Banco Mercantil do Brasil (BSP:BMEB4) Business Description

Traded in Other Exchanges
Address
R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912
Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.

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