Banco Santander (Brasil) S.A.
BSBRFinancial Services · Stock · quarterly payer
Forward Yield
6.01%
Annual Dividend
$0.35
Payout Ratio
131%
5-Yr Growth
12.9%
Ex-Date
Jul 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Banco Santander (Brasil) S.A. (BSBR) yields 6.01% ($0.35 per share annually), with a blended fair-value estimate of $12.02 — +109% upside, so it screens as undervalued. Dividend safety grade: D (49/100). 1 years of dividend growth.
Is BSBR a good dividend stock?
MixedBanco Santander (Brasil) S.A. (BSBR) pays a quarterly dividend yielding 6.01% ($0.35/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 12.9% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Elevated payout ratio (131%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 6.01%
- Payout Ratio
- 131%
- Annual Dividend
- $0.35
- 5-Yr Avg Growth
- 12.9%
- Ex-Dividend Date
- Jul 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.18
- Market Cap
- $43.1B
- P/E Ratio
- 16.9
- 5-Yr Total Return
- -6%
- 52-Week Range
- $4.94 – $7.32
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BSBR Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+9%
5 Years
-6%
52-Week Range
$4.94 – $7.32
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BSBR worth?
Undervaluedlow confidenceOur blended fair-value estimate for Banco Santander (Brasil) S.A. is $12.02 per share, versus a market price of $5.75. That implies 109% of upside — a margin of safety of about 52%.
Fair Value
$12.02
Current Price
$5.75
Upside
+109%
Margin of Safety
52%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 17.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 17.8% stage-1 growth, 2.5% terminal growth, $0.34 EPS, $0.35 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BSBR Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 30, 2026 | — | $0.1050 | regular |
| Apr 23, 2026 | — | $0.1060 | regular |
| Jul 21, 2025 | — | $0.0960 | regular |
| Apr 23, 2025 | — | $0.0680 | regular |
| Jan 24, 2025 | — | $0.0700 | regular |
| Oct 21, 2024 | — | $0.0700 | regular |
| Jul 25, 2024 | — | $0.0720 | regular |
| Apr 22, 2024 | — | $0.0780 | regular |
| Jan 22, 2024 | — | $0.0810 | regular |
| Oct 20, 2023 | — | $0.0800 | regular |
| Jul 21, 2023 | — | $0.0840 | regular |
| Apr 25, 2023 | — | $0.0820 | regular |
| Jan 27, 2023 | — | $0.0880 | regular |
| Oct 24, 2022 | — | $0.0860 | regular |
Income Calculator
At $0.35 / yr per share
