Banco Mercantil de Investimentos S.A. provides financing services in Brazil. It engages in the capital market operations, such as debentures, notes, FIDC, real estate, and agribusiness receivables certificates; structured credit operations; and advisory services in the areas, including sales operations, fundraising, mergers, acquisitions, joint ventures, and strategic alliances. The company is based in Belo Horizonte, Brazil. Banco Mercantil de Investimentos S.A. is a subsidiary of Banco Mercantil do Brasil S.A.
Banco Mercantil de Investimentos Dividend Announcement
• Banco Mercantil de Investimentos announced a annually dividend of R$1.40 per ordinary share which will be made payable on 2024-02-07. Ex dividend date: 2024-01-31
• Banco Mercantil de Investimentos annual dividend for 2024 was R$1.40
• Banco Mercantil de Investimentos annual dividend for 2023 was R$1.59
• Banco Mercantil de Investimentos's trailing twelve-month (TTM) dividend yield is 8.7%
• Banco Mercantil de Investimentos's payout ratio for the trailing twelve months (TTM) is 73.78%
• Banco Mercantil de Investimentos's dividend growth over the last five years (2018-2023) was 5.96% year
• Banco Mercantil de Investimentos's dividend growth over the last ten years (2013-2023) was 63.28% year
Banco Mercantil de Investimentos Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-31 | R$1.40 | annually | 2024-02-07 |
2023-03-13 | R$1.59 | annually | 2023-03-17 |
2022-03-04 | R$0.85 | annually | 2022-03-15 |
2021-08-18 | R$0.55 | annually | 2021-08-31 |
2021-03-02 | R$1.40 | annually | 2021-03-17 |
2020-03-04 | R$1.40 | annually | 2020-03-24 |
2019-03-07 | R$1.40 | annually | 2019-04-02 |
2018-03-06 | R$1.19 | annually | 2018-03-27 |
2017-03-06 | R$0.02 | annually | 2017-03-29 |
2016-03-18 | R$0.01 | annually | |
2015-08-17 | R$0.01 | annually | |
2015-02-26 | R$0.01 | annually | |
2014-08-19 | R$0.01 | annually | |
2014-02-26 | R$0.01 | annually | |
2013-08-22 | R$0.01 | annually | |
2013-02-22 | R$0.01 | annually |
Banco Mercantil de Investimentos Dividend per year
Banco Mercantil de Investimentos Dividend growth
Banco Mercantil de Investimentos Dividend Yield
Banco Mercantil de Investimentos current trailing twelve-month (TTM) dividend yield is 8.7%. Interested in purchasing Banco Mercantil de Investimentos stock? Use our calculator to estimate your expected dividend yield:
Banco Mercantil de Investimentos Financial Ratios
Banco Mercantil de Investimentos Dividend FAQ
Other factors to consider when evaluating Banco Mercantil de Investimentos 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 Mercantil de Investimentos'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 Mercantil de Investimentos 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 Mercantil de Investimentos 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 Mercantil de Investimentos 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 Mercantil de Investimentos 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 Mercantil de Investimentos 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 Mercantil de Investimentos 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 Mercantil de Investimentos'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 Mercantil de Investimentos'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.