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Banco BMG S.A. provides commercial and credit, financing, and investment products and services primarily in Brazil. It operates through two segments, Retail Banking and Wholesale Banking. The company offers current account, payroll credit card, payroll loan, personal loan, and retail insurance, as well as digital banking services for retail customers. It also provides financing, structured financial services, derivative instruments, and guarantee insurance for medium and large companies. The company was formerly known as BMG Financeira S.A.–Crédito, Financiamento e Investimento and changed its name to Banco BMG S.A. in April 1989. Banco BMG S.A. was founded in 1930 and is headquartered in São Paulo, Brazil. Banco BMG S.A. operates as a subsidiary of Grupo BMG S.A.

Banco BMG Dividend Announcement

• Banco BMG announced a quarterly dividend of R$0.07 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-10-22
• Banco BMG annual dividend for 2024 was R$0.24
• Banco BMG annual dividend for 2023 was R$0.04
• Banco BMG's trailing twelve-month (TTM) dividend yield is 4.32%
• Banco BMG's payout ratio for the trailing twelve months (TTM) is 55.77%

Banco BMG Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-22R$0.07quarterly2024-11-08
2024-07-23R$0.08quarterly2024-08-15
2024-04-23R$0.08quarterly2024-05-16
2023-10-24R$0.02quarterly
2023-04-25R$0.02quarterly
2022-12-23R$0.13quarterly
2022-10-24R$0.24quarterly
2021-12-28R$0.32quarterly
2020-12-30R$0.18quarterly
2019-12-20R$0.25quarterly

Banco BMG Dividend per year

Banco BMG Dividend growth

Banco BMG Dividend Yield

Banco BMG current trailing twelve-month (TTM) dividend yield is 4.32%. Interested in purchasing Banco BMG stock? Use our calculator to estimate your expected dividend yield:

Banco BMG Financial Ratios

P/E ratio6.44
PEG ratio0.06
P/B ratio0.62
ROE9.49%
Payout ratio55.77%
Current ratio0.36
Quick ratio-0.56
Cash Ratio0.36

Banco BMG Dividend FAQ

Does Banco BMG stock pay dividends?
Banco BMG does not currently pay dividends to its shareholders.
Has Banco BMG ever paid a dividend?
No, Banco BMG has no a history of paying dividends to its shareholders. Banco BMG is not known for its dividend payments.
Why doesn't Banco BMG pay dividends?
There are several potential reasons why Banco BMG would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Banco BMG ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Banco BMG has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Banco BMG a dividend aristocrat?
Banco BMG is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Banco BMG a dividend king?
Banco BMG is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Banco BMG a dividend stock?
No, Banco BMG is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Banco BMG stocks?
To buy Banco BMG you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Banco BMG stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.