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Inter & Co, Inc., through its subsidiaries, engages in the banking, securities, insurance brokerage, marketplace, asset management, and services businesses. The company's Banking segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services. Its Securities segment provides services relating to the purchase, sale, and custody of securities; and portfolio management, as well as the establishment, organization, and management of investment funds. The company's Insurance Brokerage segment offers life, property, auto, financial, lost or stolen credit card, dental, warranties, travel, and credit protection insurance products. Its Marketplace segment operates a digital platform that offer goods and/or services to its customers. The company's Asset Management segment is involved in the operations related to the management of fund portfolios and other assets. Its Services segment provides services in the collection and management of personal information; development and licensing of customized and non-customized computer programs; and technical support, maintenance, and other information technology services. The company was founded in 1994 and is based in Belo Horizonte, Brazil.

Inter & Co Dividend Announcement

• Inter & Co announced a annually dividend of $0.03 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2024-04-15
• Inter & Co annual dividend for 2024 was $0.03
• Inter & Co's trailing twelve-month (TTM) dividend yield is 0.47%
• Inter & Co's payout ratio for the trailing twelve months (TTM) is 13.00%

Inter & Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-15$0.03annually2024-04-23

Inter & Co Dividend per year

Inter & Co Dividend Yield

Inter & Co current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Inter & Co stock? Use our calculator to estimate your expected dividend yield:

Inter & Co Financial Ratios

P/E ratio25.57
PEG ratio0.04
P/B ratio1.91
ROE8.00%
Payout ratio13.00%
Current ratio0.62
Quick ratio0.79
Cash Ratio0.32

Inter & Co Dividend FAQ

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