Banco Pan S.A., together with its subsidiaries, operates as a middle-sized financial institution in Brazil. It provides payroll loans, vehicle financing, and credit cards. The company also offers services in the areas of consortium, insurance, securitization of real estate, and agribusiness receivables. In addition, it provides investment products, such as bank deposit certificates, real estate and agribusiness letters of credit, financial bills, interbank deposits, and Eurobonds. The company distributes its products and services through correspondent banks, authorized dealerships, multi-brand new and used vehicle shops, and real estate partners. It operates through 60 service branches. The company was formerly known as Banco Panamericano S.A. and changed its name to Banco Pan S.A. in August 2014. Banco Pan S.A. is headquartered in São Paulo, Brazil.
Banco Pan Dividend Announcement
• Banco Pan announced a semi annually dividend of R$0.22 per ordinary share which will be made payable on 2024-01-24. Ex dividend date: 2023-12-28
• Banco Pan annual dividend for 2023 was R$0.22
• Banco Pan's trailing twelve-month (TTM) dividend yield is 3.16%
• Banco Pan's payout ratio for the trailing twelve months (TTM) is 32.71%
• Banco Pan's dividend growth over the last five years (2018-2023) was 28.61% year
Banco Pan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-28 | R$0.22 | semi annually | 2024-01-24 |
2022-12-28 | R$0.25 | semi annually | 2023-01-24 |
2022-05-12 | R$0.03 | semi annually | 2022-05-20 |
2021-12-22 | R$0.22 | semi annually | 2022-01-06 |
2021-05-05 | R$0.01 | semi annually | 2021-05-14 |
2020-12-23 | R$0.20 | semi annually | 2021-02-26 |
2020-05-07 | R$0.00 | semi annually | 2020-05-15 |
2020-02-17 | R$0.16 | semi annually | 2020-02-28 |
2019-05-28 | R$0.08 | semi annually | 2019-06-14 |
2018-04-02 | R$0.06 | semi annually | 2018-11-22 |
2016-02-02 | R$0.00 | semi annually | |
2015-02-10 | R$0.00 | semi annually | |
2012-02-13 | R$0.07 | semi annually | |
2010-07-01 | R$0.02 | semi annually | |
2010-05-03 | R$0.01 | semi annually | |
2010-01-04 | R$0.11 | semi annually | |
2009-07-01 | R$0.05 | semi annually | |
2009-05-04 | R$0.05 | semi annually | |
2008-10-01 | R$0.06 | semi annually | |
2008-07-01 | R$0.12 | semi annually | |
2008-01-02 | R$0.03 | semi annually |
Banco Pan Dividend per year
Banco Pan Dividend growth
Banco Pan Dividend Yield
Banco Pan current trailing twelve-month (TTM) dividend yield is 3.16%. Interested in purchasing Banco Pan stock? Use our calculator to estimate your expected dividend yield:
Banco Pan Financial Ratios
Banco Pan Dividend FAQ
Other factors to consider when evaluating Banco Pan 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 Pan'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 Pan 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 Pan 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 Pan 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 Pan 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 Pan 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 Pan 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 Pan'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 Pan'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.