Banco Santander Brasil SA (BSBR) To Go Ex-Dividend on January 22nd

Banco Santander Brasil SA (NYSE:BSBR) announced a special dividend on Monday, January 12th. Investors of record on Thursday, January 22nd will be given a dividend of 0.1001 per share by the bank on Wednesday, February 18th. The ex-dividend date of this dividend is Thursday, January 22nd.

Banco Santander Brasil has decreased its dividend by an average of 0.2%per year over the last three years. Banco Santander Brasil has a dividend payout ratio of 9.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Banco Santander Brasil to earn $0.71 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 11.3%.

Banco Santander Brasil Stock Performance

NYSE BSBR opened at $6.24 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 3.13. The firm has a 50 day moving average of $6.17 and a two-hundred day moving average of $5.55. Banco Santander Brasil has a 52 week low of $3.98 and a 52 week high of $6.59.

Banco Santander Brasil Company Profile

Banco Santander Brasil SA is the Brazilian unit of Spain-based Grupo Santander and one of the country’s major commercial banks. Headquartered in São Paulo, the bank serves a broad client base across Brazil through an integrated network of branches, ATMs and digital channels. Its shares are represented abroad via American Depositary Shares listed on the New York Stock Exchange under the ticker BSBR.

The bank offers a full range of financial products and services for retail, small and medium-sized enterprises, and corporate clients.