BCO Estado de Sergipe - Banese (BSP:BGIP4) Dividend Payout Ratio: 0.66 (As of Mar. 2026) — 200% Above Median

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BCO Estado de Sergipe SA - Banese BSP:BGIP4

45 GF Score

Price R$33.26

GF Value R$15.15

Valuation Significantly Overvalued

2 Warning Signs

View Full Analysis

What is BCO Estado de Sergipe - Banese Dividend Payout Ratio?

BCO Estado de Sergipe - Banese BSP:BGIP4 -1.45% 45 Dividend Payout Ratio is 0.66 as of Mar. 2026, which is 200% above its 10-year median of 0.22. GuruFocus rates BSP:BGIP4 with a GF Score™ of 45/100 and a GF Value™ of R$15.15 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,173 Banks companies, BCO Estado de Sergipe - Banese ranks worse than 99.83% 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. BCO Estado de Sergipe - Banese's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.66.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BCO Estado de Sergipe SA - Banese is 3.44, which seems too high.

The historical rank and industry rank for BCO Estado de Sergipe - Banese's Dividend Payout Ratio or its related term are showing as below:

BSP:BGIP4' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.22 Max: 18.84
Current: 3.78

During the past 13 years, the highest Dividend Payout Ratio of BCO Estado de Sergipe - Banese was 18.84. The lowest was 0.11. And the median was 0.22.

BSP:BGIP4's Dividend Payout Ratio is ranked worse than
99.83% of 1173 companies
in the Banks industry
Industry Median: 0.32 vs BSP:BGIP4: 3.78

As of today (2026-07-15), the Dividend Yield % of BCO Estado de Sergipe - Banese is 10.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of BCO Estado de Sergipe - Banese was 13.39%. The lowest was 1.13%. And the median was 4.44%.

BCO Estado de Sergipe - Banese's Dividends per Share for the months ended in Mar. 2026 was R$0.97.

During the past 12 months, BCO Estado de Sergipe - Banese's average Dividends Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 63.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 47.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BCO Estado de Sergipe - Banese was 125.00% per year. The lowest was -44.80% per year. And the median was 11.90% 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.

BCO Estado de Sergipe - Banese (BSP:BGIP4) 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.

BCO Estado de Sergipe - Banese Dividend Payout Ratio Related Terms

BCO Estado de Sergipe - Banese Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for BCO Estado de Sergipe - Banese'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.

BCO Estado de Sergipe - Banese Dividend Payout Ratio Chart

BCO Estado de Sergipe - Banese Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.22

0.21

20.55

0.25

8.82

BCO Estado de Sergipe - Banese 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															1.73	0.73	0.00	0.00	0.66

BSP:BGIP4 vs PNC, USB: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, BCO Estado de Sergipe - Banese'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.

BCO Estado de Sergipe - Banese Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, BCO Estado de Sergipe - Banese's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BCO Estado de Sergipe - Banese's Dividend Payout Ratio falls into.

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45GF Score

BCO Estado de Sergipe SA - Banese BSP:BGIP4

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

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BCO Estado de Sergipe - Banese Dividend Payout Ratio Calculation

BCO Estado de Sergipe - Banese'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 )
	=	4.62	/	0.524
	=	8.82

BCO Estado de Sergipe - Banese'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 )
	=	0.972	/	1.476
	=	0.66

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.66 mean?

BCO Estado de Sergipe - Banese (BSP:BGIP4) has a Dividend Payout Ratio of 0.66 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BCO Estado de Sergipe - Banese and its competitors. This is 200% above median its historical median of 0.22. Over the past decade, BCO Estado de Sergipe - Banese's Dividend Payout Ratio has ranged from 0.11 to 18.84. According to the industry distribution chart, BCO Estado de Sergipe - Banese ranks #1171 out of 1173 companies in the Banks industry, placing it in the top 99.8%.

Is BCO Estado de Sergipe - Banese's Dividend Payout Ratio too high?

BCO Estado de Sergipe - Banese's current Dividend Payout Ratio of 0.66 is 200% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 18.84. The Banks industry median Dividend Payout Ratio is 0.32. BCO Estado de Sergipe - Banese's value of 0.66 is 106.3% above this industry median. Based on the distribution chart, BCO Estado de Sergipe - Banese ranks #1171 out of 1173 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, BCO Estado de Sergipe - Banese has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does BCO Estado de Sergipe - Banese's Dividend Payout Ratio compare to PNC and USB?

According to the Banks industry distribution chart, BCO Estado de Sergipe - Banese ranks #1171 out of 1173 companies for Dividend Payout Ratio. This places BCO Estado de Sergipe - Banese in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. BCO Estado de Sergipe - Banese's value of 0.66 is 106.3% above this benchmark. Historically, BCO Estado de Sergipe - Banese's own Dividend Payout Ratio has ranged from 0.11 to 18.84 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.32, BCO Estado de Sergipe - Banese 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 1,173 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. BCO Estado de Sergipe - Banese's current Dividend Payout Ratio of 0.66 is 106.3% 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 BCO Estado de Sergipe - Banese 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. BCO Estado de Sergipe - Banese's current Dividend Payout Ratio is 0.66, which is 200% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is BCO Estado de Sergipe - Banese stock overvalued right now?

Based on GuruFocus' analysis, BCO Estado de Sergipe - Banese (BSP:BGIP4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$15.15, compared to a current price of R$33.26 — trading 119.5% above its estimated fair value. The current Dividend Payout Ratio is 0.66, which is 200% above median its 10-year median of 0.22 and 106.3% above the Banks industry median of 0.32. BCO Estado de Sergipe - Banese's overall GF Score™ is 45/100 with 2 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 BCO Estado de Sergipe - Banese (BSP:BGIP4), the current Dividend Payout Ratio is 0.66 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 BCO Estado de Sergipe - Banese (BSP:BGIP4) Overvalued in 2026?

Based on GuruFocus' analysis, BCO Estado de Sergipe - Banese stock appears to be overvalued. The current stock price of R$33.26 is trading 119.5% above its estimated GF Value™ of R$15.15. GuruFocus considers BCO Estado de Sergipe - Banese to be Significantly Overvalued.

Key valuation signals for BSP:BGIP4:

Dividend Payout Ratio: 0.66 (200% above median its 10-year median of 0.22)
GF Value™: R$15.15 vs. price of R$33.26 (119.5% above fair value)
GF Score™: 45/100 with 2 warning signs
Industry Position: 106.3% above the Banks median (#1171 of 1173)

No single metric tells the full story. See the BSP:BGIP4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BCO Estado de Sergipe - Banese Business Description

Industry Financial Services Banks

Comparable Companies BSP:PINE3 BSP:BSLI3 BSP:BPAR3 BSP:BMIN3 BSP:BEES3 BSP:BAZA3 BSP:BMGB4 SGX:D05 SHSE:600036 MIL:UCG XPAR:BNP NSE:HDFCBANK MIL:ISP TSE:8411 SAU:1120 NSE:ICICIBANK NSE:SBIN XMAD:CABK PNC USB

Other Exchanges BGIP3:Brazil

Address Rua F - 31, Aracaju, SE, BRA, 49040240

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

BCO Estado de Sergipe SA - Banese offers a range of banking products and services to individuals and corporates in the areas of loans and deposits, investment banking, portfolio management, leasing, pension, as well as life and property insurance and Internet banking services.

45GF Score

Get the complete analysis for BSP:BGIP4

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$33.26

Price

R$15.15

GF Value

View BSP:BGIP4 Analysis

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