Best Brazilian Dividend Stocks to Maximize Your Returns - 2024

Brazil is one of the largest and most dynamic economies in Latin America, making it an attractive market for investors seeking both growth and dividend income. With a strong presence in industries such as agriculture, energy, and finance, Brazilian companies often offer competitive dividend yields, making them a solid choice for income-focused investors. Brazil’s growing middle class, rich natural resources, and strategic position in global trade add further appeal for those looking to diversify their portfolios. We’ll explore the top Brazil dividend stocks, providing insights into their yields, financial performance, and long-term growth potential.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Ambev6.95%84.74%14.30%2.03%0.16%-0.23%-13.13%
Auren Energia18.30%262.71%14.35%0.82%0.06%0.00%0.00%
Banco do Brasil9.50%35.59%4.78%0.78%0.17%17.77%-1.61%
BrasilAgro6.02%108.40%8.15%1.06%0.14%0.00%0.00%
CCR1.96%47.70%14.02%1.64%0.12%-18.71%-12.53%
Cielo8.86%73.05%7.42%1.10%0.15%-28.45%-25.66%
Cosan26.03%167.30%9.35%1.05%0.11%0.00%0.00%
CPFL Energia8.31%80.51%6.96%1.87%0.28%59.99%7.10%
Dexco3.75%0.02%18.33%0.93%0.05%-22.94%0.88%
Fleury5.69%49.55%11.69%1.34%0.12%-14.68%-1.85%
Grupo SBF1.26%14.28%6.34%1.12%0.19%0.00%0.00%
JBS1.03%0.00%10.76%1.68%0.16%72.97%21.63%
Klabin1.02%66.80%74.04%15.30%0.20%-2.58%-11.08%
Localiza Rent a Car3.60%64.94%27.47%1.80%0.07%37.68%-8.45%
Lojas Renner3.99%58.71%12.54%1.49%0.12%11.74%-22.96%
Neoenergia4.19%35.54%6.40%0.74%0.12%0.00%0.00%
Petro Rio0.21%1.24%6.90%1.86%0.30%0.00%0.00%
Petroreconcavo19.48%97.43%8.39%1.08%0.13%0.00%0.00%
Raia Drogasil0.23%21.55%71.96%12.67%0.18%12.12%0.00%
Suzano2.31%36.12%17.94%1.81%0.10%0.00%0.00%
TIM8.44%75.75%15.23%1.87%0.12%23.27%2.00%
Trisul0.65%25.10%6.97%0.70%0.10%-16.36%10.97%
Tupy1.85%43.59%9.52%0.86%0.09%5.35%8.88%
Vibra Energia1.39%12.99%5.32%2.38%0.53%0.00%0.00%