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Banco del Bajío, S.A., Institución de Banca Múltiple provides various banking products and services. It operates through two segments, Business Banking and Commercial Banking. The company offers deposit and savings products; short and long-term loans, mortgage loans, and personal loans; and automotive credit and credit cards. It also provide short and long-term financial products; syndicated financing services; investment products; credit and payroll advance services; financial factoring and leasing services; securities products; trust contract services; online banking services; foreign exchange and derivative finance services; insurance products; and point of sale terminal services. The company serves individuals, companies, corporations, governments, and small and medium enterprises, as well as agricultural and rural, and infrastructure sectors. As of December 31, 2020, it operated through a network of 308 branches and 677 ATMs in 29 Mexican States. Banco del Bajío, S.A., Institución de Banca Múltiple was incorporated in 1994 and is based in León, Mexico.

Banco del Bajío Institución de Banca Múltiple Dividend Announcement

• Banco del Bajío Institución de Banca Múltiple announced a semi annually dividend of Mex$1.85 per ordinary share which will be made payable on . Ex dividend date: 2024-09-04
• Banco del Bajío Institución de Banca Múltiple annual dividend for 2024 was Mex$5.55
• Banco del Bajío Institución de Banca Múltiple annual dividend for 2023 was Mex$5.42
• Banco del Bajío Institución de Banca Múltiple's trailing twelve-month (TTM) dividend yield is 15.5%
• Banco del Bajío Institución de Banca Múltiple's payout ratio for the trailing twelve months (TTM) is 53.89%

Banco del Bajío Institución de Banca Múltiple Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04Mex$1.85semi annually
2024-05-08Mex$3.70semi annually
2023-11-01Mex$1.35semi annually
2023-05-08Mex$4.06semi annually
2022-08-26Mex$3.87semi annually
2022-05-06Mex$3.92semi annually
2021-05-06Mex$1.90semi annually
2019-05-08Mex$1.71semi annually
2018-04-26Mex$0.12semi annually

Banco del Bajío Institución de Banca Múltiple Dividend per year

Banco del Bajío Institución de Banca Múltiple Dividend growth

Banco del Bajío Institución de Banca Múltiple Dividend Yield

Banco del Bajío Institución de Banca Múltiple current trailing twelve-month (TTM) dividend yield is 15.5%. Interested in purchasing Banco del Bajío Institución de Banca Múltiple stock? Use our calculator to estimate your expected dividend yield:

Banco del Bajío Institución de Banca Múltiple Financial Ratios

P/E ratio4.75
PEG ratio0.54
P/B ratio1.31
ROE26.79%
Payout ratio53.89%
Current ratio-1.59
Quick ratio-0.53
Cash Ratio-0.94

Banco del Bajío Institución de Banca Múltiple Dividend FAQ

Does Banco del Bajío Institución de Banca Múltiple stock pay dividends?
Banco del Bajío Institución de Banca Múltiple does not currently pay dividends to its shareholders.
Has Banco del Bajío Institución de Banca Múltiple ever paid a dividend?
No, Banco del Bajío Institución de Banca Múltiple has no a history of paying dividends to its shareholders. Banco del Bajío Institución de Banca Múltiple is not known for its dividend payments.
Why doesn't Banco del Bajío Institución de Banca Múltiple pay dividends?
There are several potential reasons why Banco del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple a dividend aristocrat?
Banco del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple a dividend king?
Banco del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple a dividend stock?
No, Banco del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple stocks?
To buy Banco del Bajío Institución de Banca Múltiple 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 del Bajío Institución de Banca Múltiple 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.