Banco do Nordeste do Brasil S.A. operates as a regional development bank in Brazil. It offers demand, savings, and time deposits; and short-term loans to urban microcredit, direct consumer credit, working capital loans, credit cards, overdraft facility accounts, and exchange and discount loans. The company also provides portfolio management, credit analysis, securities custody, foreign exchange transactions, electronic transfers, and collection services; and third-party asset management services, such as management of investment funds for small, medium-sized, and large investors. In addition, it is involved in the market operations and fund management activities; and structuring and distribution of local short- and long-term securities comprising debentures, promissory notes, certificates of real estate receivables, credit rights investment funds, and other products. The company serves individuals; corporate, large, medium, micro, and small-sized companies; agribusiness, small and mini rural producers, and farmers; urban and rural microfinance sectors; and government agencies. As of December 31, 2021, it operated through 980 physical points of service, including 292 branches, 473 urban microcredit units, and 215 rural microcredit units. The company was founded in 1952 and is headquartered in Fortaleza, Brazil.
Banco do Nordeste do Brasil Dividend Announcement
• Banco do Nordeste do Brasil announced a semi annually dividend of R$2.81 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-27
• Banco do Nordeste do Brasil annual dividend for 2024 was R$6.06
• Banco do Nordeste do Brasil annual dividend for 2023 was R$6.20
• Banco do Nordeste do Brasil's trailing twelve-month (TTM) dividend yield is 6.07%
• Banco do Nordeste do Brasil's payout ratio for the trailing twelve months (TTM) is 22.29%
• Banco do Nordeste do Brasil's dividend growth over the last five years (2018-2023) was 29.13% year
• Banco do Nordeste do Brasil's dividend growth over the last ten years (2013-2023) was 9.96% year
Banco do Nordeste do Brasil Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | R$2.81 | semi annually | 2024-09-02 |
2024-03-27 | R$3.24 | semi annually | 2024-04-03 |
2023-08-25 | R$2.53 | semi annually | 2023-08-31 |
2023-04-03 | R$3.67 | semi annually | 2023-04-06 |
2022-08-29 | R$2.44 | semi annually | 2022-09-06 |
2022-03-29 | R$2.55 | semi annually | 2022-04-07 |
2021-11-01 | R$1.96 | semi annually | 2021-11-10 |
2021-04-01 | R$2.82 | semi annually | 2021-04-12 |
2020-03-30 | R$0.00 | semi annually | 2020-04-30 |
2019-08-20 | R$2.13 | semi annually | 2019-08-28 |
2019-04-26 | R$1.56 | semi annually | 2019-05-08 |
2018-08-17 | R$0.62 | semi annually | 2018-08-29 |
2018-03-27 | R$1.11 | semi annually | 2018-04-10 |
2017-08-14 | R$0.80 | semi annually | 2017-08-29 |
2017-03-27 | R$1.37 | semi annually | 2017-04-11 |
2016-08-12 | R$0.63 | semi annually | |
2016-04-01 | R$0.21 | semi annually | |
2015-08-06 | R$0.62 | semi annually | |
2015-04-01 | R$5.03 | semi annually | |
2014-08-15 | R$1.26 | semi annually | |
2014-03-31 | R$0.57 | semi annually | |
2013-08-01 | R$1.19 | semi annually | |
2013-03-25 | R$1.21 | semi annually |
Banco do Nordeste do Brasil Dividend per year
Banco do Nordeste do Brasil Dividend growth
Banco do Nordeste do Brasil Dividend Yield
Banco do Nordeste do Brasil current trailing twelve-month (TTM) dividend yield is 6.07%. Interested in purchasing Banco do Nordeste do Brasil stock? Use our calculator to estimate your expected dividend yield:
Banco do Nordeste do Brasil Financial Ratios
Banco do Nordeste do Brasil Dividend FAQ
Other factors to consider when evaluating Banco do Nordeste do Brasil as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Banco do Nordeste do Brasil's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Banco do Nordeste do Brasil publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Banco do Nordeste do Brasil distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Banco do Nordeste do Brasil are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Banco do Nordeste do Brasil sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Banco do Nordeste do Brasil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Banco do Nordeste do Brasil declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Banco do Nordeste do Brasil's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Banco do Nordeste do Brasil's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.