Localiza Rent A Car (BSP:RENT3) Dividend Payout Ratio : 0.57 (As of Dec. 2023)

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What is Localiza Rent A Car Dividend Payout Ratio?

Localiza Rent A Car's dividend payout ratio for the months ended in Dec. 2023 was 0.57.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Localiza Rent A Car SA is 0.86, which seems too high.

The historical rank and industry rank for Localiza Rent A Car's Dividend Payout Ratio or its related term are showing as below:

BSP:RENT3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.34 Max: 0.9
Current: 0.86

During the past 13 years, the highest Dividend Payout Ratio of Localiza Rent A Car was 0.90. The lowest was 0.16. And the median was 0.34.

BSP:RENT3's Dividend Payout Ratio is ranked worse than
84.78% of 519 companies
in the Business Services industry
Industry Median: 0.39 vs BSP:RENT3: 0.86

As of today (2024-04-25), the Dividend Yield % of Localiza Rent A Car is 3.03%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Localiza Rent A Car was 3.65%. The lowest was 0.46%. And the median was 1.17%.

Localiza Rent A Car's Dividends per Share for the months ended in Dec. 2023 was R$0.38.

During the past 12 months, Localiza Rent A Car's average Dividends Per Share Growth Rate was 14.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 63.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 43.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 27.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Localiza Rent A Car was 63.30% per year. The lowest was -15.90% per year. And the median was 27.05% per year.

The growth rate is calculated with least square regression.

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

Localiza Rent A Car Dividend Payout Ratio Historical Data

The historical data trend for Localiza Rent A Car'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.

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Localiza Rent A Car Dividend Payout Ratio Chart

Localiza Rent A Car Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.36

0.25

0.16

0.65

0.90

Localiza Rent A Car Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.36	0.70	-	0.65	0.57

Competitive Comparison of Localiza Rent A Car's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.

Localiza Rent A Car's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Dividend Payout Ratio falls into.

Localiza Rent A Car Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Localiza Rent A Car's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.506	/	1.677
	=	0.90

Localiza Rent A Car's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.383	/	0.677
	=	0.57

Localiza Rent A Car (BSP:RENT3) Dividend Payout Ratio Explanation

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.

Localiza Rent A Car Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Localiza Rent A Car's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Localiza Rent A Car (BSP:RENT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (BSP:RENT3) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LZRFY:USA

Address

Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900

Website

https://www.localiza.com

Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (BSP:RENT3) Headlines

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