THE Petrobras (PETR4) should lose its position as the largest payer of dividends of the stock exchange, provides for the Genial Investimentos. According to the broker’s calculations, the BrazilAgro (AGRO3) will occupy this position.
See the table below:
| Company | ticker | dividend yield |
|---|---|---|
| BrazilAgro | AGRO3 | 20.50% |
| BMG | BMGB4 | 15.00% |
| Bank of Brazil | BBAS3 | 13.80% |
| CSN Mining | CMIN3 | 11.80% |
| Taesa | TAEE11 | 11.20% |
| Gerdau | GGBR4 | 10.10% |
| Petrobras | PETR4 | 10.10% |
| Engie Brasil | EGIE3 | 9.50% |
| Agricultural SLC | SLCE3 | 9.30% |
| Bradesco | BBDC3 | 9.10% |
The survey differs, however, from what was expected by the market, as shown in the table below:
| Company | ticker | Dividend yield 2023 | Frequency |
|---|---|---|---|
| Petrobras | PETR4 | 22.10% | Irregular |
| Petrobras | PETR3 | 20.90% | Irregular |
| Bank of Brazil | BBAS3 | 14.00% | Irregular |
| Bradespar | BRAP4 | 13.70% | Yearly |
| eztec | EZTC3 | 10.00% | semester |
| cyrela | CYRE3 | 9.90% | semester |
| Engie | EGIE3 | 9.60% | Yearly |
| Taesa | TAEE11 | 9.50% | Quarterly |
| CPFL | CPFE3 | 9.30% | Irregular |
| SLC | SLCE3 | 9.10% | Irregular |
THE great remember that the war in Ukraine awarded investors positioned in the sectors of Petroleum, gas and biofuels, steel industry, metallurgy and mining.
“These companies generated good cash generation and ended up remunerating their shareholders very well”, he says.
Already the actions Petrobras closed the year with more than 50% of dividends, adding the proceeds (dividend and JCP) paid throughout 2022.
Dividends in 2023
Despite forecasting a challenging year for the market in 2023, the great says that the scenario favors debt payers dividends.
According to analysts, fiscal expansion could put pressure on inflationdemanding a higher interest rate for a longer period of time.
According to the brokerage, leveraged sectors will suffer with the upward movement of the Selic (health, retail and transport) showing higher expenses with financial expenses.
On the other hand, sectors that benefit from fees higher levels or exporting companies can be an escape valve.
Source: Moneytimes
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