Banestes Banco Estado Espirito (BSP:BEES4) Dividend Payout Ratio: 1.34 (As of Mar. 2026) — 283% Above Median

What is Banestes Banco Estado Espirito Dividend Payout Ratio?

Banestes Banco Estado Espirito BSP:BEES4 -0.67% 59 Dividend Payout Ratio is 1.34 as of Mar. 2026, which is 283% above its 10-year median of 0.35. GuruFocus rates BSP:BEES4 with a GF Score™ of 59/100 and a GF Value™ of R$7.97 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,169 Banks companies, Banestes Banco Estado Espirito ranks worse than 82.63% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Banestes Banco Estado Espirito's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.34.

The historical rank and industry rank for Banestes Banco Estado Espirito's Dividend Payout Ratio or its related term are showing as below:

BSP:BEES4' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.35 Max: 0.65
Current: 0.56

During the past 13 years, the highest Dividend Payout Ratio of Banestes Banco Estado Espirito was 0.65. The lowest was 0.17. And the median was 0.35.

BSP:BEES4's Dividend Payout Ratio is ranked worse than
82.63% of 1169 companies
in the Banks industry
Industry Median: 0.32 vs BSP:BEES4: 0.56

As of today (2026-07-04), the Dividend Yield % of Banestes Banco Estado Espirito is 9.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Banestes Banco Estado Espirito was 10.47%. The lowest was 2.67%. And the median was 5.81%.

Banestes Banco Estado Espirito's Dividends per Share for the months ended in Mar. 2026 was R$0.37.

During the past 12 months, Banestes Banco Estado Espirito's average Dividends Per Share Growth Rate was 11.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banestes Banco Estado Espirito was 376.20% per year. The lowest was -42.30% per year. And the median was 20.25% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Banestes Banco Estado Espirito (BSP:BEES4) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Banestes Banco Estado Espirito Dividend Payout Ratio Related Terms

Banestes Banco Estado Espirito Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Banestes Banco Estado Espirito's Dividend Payout Ratio can be seen below:

* 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.

Banestes Banco Estado Espirito Dividend Payout Ratio Chart

Banestes Banco Estado Espirito Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.34

0.45

0.65

0.51

0.42

Banestes Banco Estado Espirito Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.19	4.33	0.59	0.11	1.34

Banestes Banco Estado Espirito Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, Banestes Banco Estado Espirito's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Banestes Banco Estado Espirito Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Banestes Banco Estado Espirito's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Banestes Banco Estado Espirito's Dividend Payout Ratio falls into.

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59GF Score

Banestes SA Banco Estado Espirito BSP:BEES4

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Banestes Banco Estado Espirito Dividend Payout Ratio Calculation

Banestes Banco Estado Espirito's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.376	/	0.899
	=	0.42

Banestes Banco Estado Espirito's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.365	/	0.272
	=	1.34

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.34 mean?

Banestes Banco Estado Espirito (BSP:BEES4) has a Dividend Payout Ratio of 1.34 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Banestes Banco Estado Espirito and its competitors. This is 283% above median its historical median of 0.35. Over the past decade, Banestes Banco Estado Espirito's Dividend Payout Ratio has ranged from 0.17 to 0.65. According to the industry distribution chart, Banestes Banco Estado Espirito ranks #966 out of 1169 companies in the Banks industry, placing it in the top 82.6%.

Is Banestes Banco Estado Espirito's Dividend Payout Ratio too high?

Banestes Banco Estado Espirito's current Dividend Payout Ratio of 1.34 is 283% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.65. The Banks industry median Dividend Payout Ratio is 0.32. Banestes Banco Estado Espirito's value of 1.34 is 318.8% above this industry median. Based on the distribution chart, Banestes Banco Estado Espirito ranks #966 out of 1169 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Banestes Banco Estado Espirito has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Banestes Banco Estado Espirito's Dividend Payout Ratio compare to competitors?

According to the Banks industry distribution chart, Banestes Banco Estado Espirito ranks #966 out of 1169 companies for Dividend Payout Ratio. This places Banestes Banco Estado Espirito in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Banestes Banco Estado Espirito's value of 1.34 is 318.8% above this benchmark. Historically, Banestes Banco Estado Espirito's own Dividend Payout Ratio has ranged from 0.17 to 0.65 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.32, Banestes Banco Estado Espirito has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Banks company?

The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banestes Banco Estado Espirito's current Dividend Payout Ratio of 1.34 is 318.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Banestes Banco Estado Espirito and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banestes Banco Estado Espirito's current Dividend Payout Ratio is 1.34, which is 283% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Banestes Banco Estado Espirito stock overvalued right now?

Based on GuruFocus' analysis, Banestes Banco Estado Espirito (BSP:BEES4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.97, compared to a current price of R$8.94 — trading 12.2% above its estimated fair value. The current Dividend Payout Ratio is 1.34, which is 283% above median its 10-year median of 0.35 and 318.8% above the Banks industry median of 0.32. Banestes Banco Estado Espirito's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Banestes Banco Estado Espirito (BSP:BEES4), the current Dividend Payout Ratio is 1.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banestes Banco Estado Espirito (BSP:BEES4) Overvalued in 2026?

Based on GuruFocus' analysis, Banestes Banco Estado Espirito stock appears to be overvalued. The current stock price of R$8.94 is trading 12.2% above its estimated GF Value™ of R$7.97. GuruFocus considers Banestes Banco Estado Espirito to be Modestly Overvalued.

Key valuation signals for BSP:BEES4:

Dividend Payout Ratio: 1.34 (283% above median its 10-year median of 0.35)
GF Value™: R$7.97 vs. price of R$8.94 (12.2% above fair value)
GF Score™: 59/100 with 7 warning signs
Industry Position: 318.8% above the Banks median (#966 of 1169)

No single metric tells the full story. See the BSP:BEES4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Banestes Banco Estado Espirito Business Description

Industry Financial Services Banks

Comparable Companies BSP:BAZA3 BSP:BMGB4 BSP:BPAR3 BSP:BSLI3 BSP:BGIP3 BSP:PINE3 BSP:BMIN3 BSP:BRSR3 BSP:ABCB4 BSP:BMEB3 SGX:D05 SHSE:600036 MIL:UCG XPAR:BNP NSE:HDFCBANK MIL:ISP TSE:8411 SAU:1120 NSE:ICICIBANK NSE:SBIN

Other Exchanges BEES3:Brazil

Address Avenue Princesa Isabel, 574, Bloco B - 9th floor - Ed. Palas, Centro, Vitoria, ES, BRA, 29010-031

Website http://www.banestes.com.br

Banestes SA Banco Estado Espirito operates as a bank. Its activities are focused on the credit operations. It also operates in foreign exchange market, offering products geared mainly to finance imports and exports like letter of credit. The Bank offers credit, securities brokerage services, foreign exchange, and other financial services.

59GF Score

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R$8.94

Price

R$7.97

GF Value

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