
Itaú Unibanco Holding (ITUB) Dividend
Itaú Unibanco Holding S.A. · Financial Services · Banks - Regional · monthly payer
As of Nov 5, 2026, Itaú Unibanco Holding (ITUB) pays a monthly dividend, or $0.17 a year, a 2.35% yield at its $7.25 share price. The next ex-dividend date is Dec 2, 2026, paid Dec 16, 2026. It has a dividend safety grade of C.
Forward Yield
2.35%
Annual Dividend
$0.17
Payout Ratio
71%
5-Yr Growth
4.9%
Ex-Date
Dec 2, 2026
Frequency
Monthly
Key facts about ITUB's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Itaú Unibanco Holding S.A. (ITUB) has a forward dividend yield of 2.35%, based on an annual dividend of $0.17 per share and a share price of $7.25.
- As of Nov 5, 2026, ITUB's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
- ITUB last cut its regular dividend in 2024.
- ITUB's next ex-dividend date is Dec 2, 2026, with payment on Dec 16, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, ITUB pays out 71% of its trailing 12-month earnings as dividends (its payout ratio).
- ITUB's dividend has grown at an average rate of 4.9% a year over the past five years.
- As of Nov 5, 2026, ITUB's 2.35% yield is 64% below its five-year average yield of 6.50%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ITUB is $11.25 per share, 55% above the $7.25 share price, so ITUB screens as undervalued.
- Itaú Unibanco Holding S.A. (ITUB) pays its dividend monthly, 12 times a year.
- Itaú Unibanco Holding S.A. (ITUB) has raised its regular dividend 43 times and cut it 24 times across the 363 payments on record since 2002. Its most recent change was a 3.0% increase to $0.0030 per share, going ex-dividend on Jan 5, 2026. The last cut went ex-dividend on Mar 28, 2024.
Cite this page
SmarterDividends, "ITUB Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ITUB
Is ITUB a good dividend stock?
MixedItaú Unibanco Holding S.A. (ITUB) pays a monthly dividend yielding 2.35% ($0.17/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 106% total price return over 5 years
Risks
- Cut its dividend in 2024
Key Data
- Dividend Yield
- 2.35%
- Payout Ratio
- 71%
- Annual Dividend
- $0.17
- 5-Yr Avg Growth
- 4.9%
- Ex-Dividend Date
- Dec 2, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.17
- Market Cap
- $79.9B
- P/E Ratio
- 8.9
- 5-Yr Total Return
- 106%
- 52-Week Range
- $6.82 – $10.20
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2024)
ITUB dividend raises and cuts
Itaú Unibanco Holding S.A. (ITUB) has raised its regular dividend 43 times and cut it 24 times across the 363 payments on record since 2002. Its most recent change was a 3.0% increase to $0.0030 per share, going ex-dividend on Jan 5, 2026. The last cut went ex-dividend on Mar 28, 2024.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 5, 2026 | Raise | $0.0029 → $0.0030 | +3.0% |
| Apr 2, 2025 | Raise | $0.0026 → $0.0029 | +10.0% |
| Mar 28, 2024 | Cut | $0.0035 → $0.0026 | −25.0% |
| Apr 3, 2023 | Raise | $0.0026 → $0.0035 | +33.3% |
| Jun 1, 2022 | Cut | $0.0035 → $0.0026 | −25.0% |
| Feb 28, 2022 | Raise | $0.0026 → $0.0035 | +33.3% |
| Nov 1, 2021 | Raise | $0.0022 → $0.0026 | +21.3% |
| Mar 2, 2020 | Cut | $0.0029 → $0.0022 | −25.0% |
| Jan 2, 2019 | Raise | $0.0022 → $0.0029 | +33.3% |
| Dec 18, 2018 | Raise | $0.0019 → $0.0022 | +12.5% |
| May 2, 2018 | Cut | $0.0024 → $0.0019 | −20.0% |
| Nov 1, 2016 | Raise | $0.0022 → $0.0024 | +10.0% |
Show all 67 changes since 2002
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 6, 2016 | Raise | $0.0018 → $0.0022 | +25.0% |
| Sep 1, 2015 | Cut | $0.0022 → $0.0018 | −20.0% |
| Mar 2, 2015 | Cut | $0.0026 → $0.0022 | −16.7% |
| Nov 3, 2014 | Cut | $0.0031 → $0.0026 | −14.3% |
| Jul 1, 2014 | Raise | $0.0028 → $0.0031 | +10.0% |
| May 2, 2014 | Raise | $0.0024 → $0.0028 | +16.7% |
| Jan 2, 2014 | Cut | $0.0028 → $0.0024 | −14.3% |
| Jun 3, 2013 | Cut | $0.0029 → $0.0028 | −3.8% |
| Mar 1, 2013 | Raise | $0.0026 → $0.0029 | +14.3% |
| Jul 2, 2012 | Cut | $0.0029 → $0.0026 | −12.5% |
| Apr 2, 2012 | Raise | $0.0026 → $0.0029 | +14.3% |
| Oct 3, 2011 | Cut | $0.0029 → $0.0026 | −12.5% |
| Aug 1, 2011 | Raise | $0.0026 → $0.0029 | +14.3% |
| Oct 1, 2009 | Raise | $0.0022 → $0.0026 | +16.6% |
| Jun 1, 2009 | Raise | $0.0018 → $0.0022 | +20.0% |
| Feb 2, 2009 | Cut | $0.0026 → $0.0018 | −28.6% |
| Sep 2, 2008 | Cut | $0.0029 → $0.0026 | −12.5% |
| Aug 1, 2008 | Raise | $0.0026 → $0.0029 | +14.3% |
| Jul 1, 2008 | Raise | $0.0020 → $0.0026 | +25.0% |
| Nov 1, 2007 | Raise | $0.0019 → $0.0020 | +7.7% |
| Oct 1, 2007 | Raise | $0.0017 → $0.0019 | +8.3% |
| Sep 4, 2007 | Cut | $0.0019 → $0.0017 | −7.7% |
| Aug 1, 2007 | Raise | $0.0017 → $0.0019 | +8.3% |
| May 2, 2007 | Raise | $0.0016 → $0.0017 | +9.0% |
| Apr 3, 2006 | Raise | $0.0015 → $0.0016 | +10.0% |
| Mar 1, 2006 | Raise | $0.0013 → $0.0015 | +11.1% |
| Nov 1, 2005 | Cut | $0.0013 → $0.0013 | −2.2% |
| Oct 3, 2005 | Raise | $0.0013 → $0.0013 | +2.2% |
| Aug 1, 2005 | Raise | $0.0013 → $0.0013 | +2.3% |
| Jul 1, 2005 | Raise | $0.0013 → $0.0013 | +2.3% |
| Jun 1, 2005 | Raise | $0.0010 → $0.0013 | +30.4% |
| May 2, 2005 | Raise | $0.0009 → $0.0010 | +6.4% |
| Apr 1, 2005 | Cut | $0.0010 → $0.0009 | −6.0% |
| Mar 1, 2005 | Raise | $0.0009 → $0.0010 | +6.4% |
| Dec 1, 2004 | Raise | $0.0009 → $0.0009 | +3.3% |
| Oct 1, 2004 | Raise | $0.0008 → $0.0009 | +7.2% |
| Aug 2, 2004 | Raise | $0.0008 → $0.0008 | +3.7% |
| Jun 1, 2004 | Raise | $0.0006 → $0.0008 | +22.8% |
| Mar 1, 2004 | Cut | $0.0007 → $0.0006 | −4.5% |
| Jan 28, 2004 | Raise | $0.0006 → $0.0007 | +4.7% |
| Nov 25, 2003 | Cut | $0.0007 → $0.0006 | −4.5% |
| Sep 26, 2003 | Raise | $0.0006 → $0.0007 | +4.7% |
| Aug 27, 2003 | Cut | $0.0007 → $0.0006 | −4.5% |
| Jun 26, 2003 | Raise | $0.0006 → $0.0007 | +4.7% |
| Apr 30, 2003 | Raise | $0.0006 → $0.0006 | +15.7% |
| Mar 27, 2003 | Raise | $0.0004 → $0.0006 | +35.8% |
| Nov 26, 2002 | Raise | $0.0004 → $0.0004 | +7.7% |
| Oct 29, 2002 | Cut | $0.0007 → $0.0004 | −43.5% |
| Sep 26, 2002 | Raise | $0.0005 → $0.0007 | +44.0% |
| Aug 28, 2002 | Cut | $0.0005 → $0.0005 | −6.0% |
| Jul 29, 2002 | Cut | $0.0005 → $0.0005 | −5.5% |
| Jun 26, 2002 | Cut | $0.0006 → $0.0005 | −9.9% |
| May 29, 2002 | Cut | $0.0006 → $0.0006 | −9.0% |
| Apr 26, 2002 | Raise | $0.0006 → $0.0006 | +4.7% |
| Mar 26, 2002 | Raise | $0.0005 → $0.0006 | +16.6% |
Frequently Asked Questions
Is ITUB a good dividend stock?
Mixed. Itaú Unibanco Holding S.A. (ITUB) pays a monthly dividend yielding 2.35% ($0.17/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is ITUB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ITUB's fair value is about $11.25 versus a $7.25 share price — so it looks undervalued (+55% vs. fair value).
Is ITUB's dividend safe?
ITUB has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.
What is ITUB's fair value?
Our blended fair-value estimate for ITUB is about $11.25 per share, roughly 55% above the current $7.25 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ITUB a buy, hold, or sell?
We don't issue formal ratings, but on the data ITUB screens as "mixed" and undervalued. Itaú Unibanco Holding S.A. (ITUB) pays a monthly dividend yielding 2.35% ($0.17/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will ITUB cut its dividend?
ITUB earns a dividend-safety grade of C (55/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ITUB pay a dividend?
Yes. Itaú Unibanco Holding S.A. pays a monthly dividend of about $0.17 per share annually, a forward yield of roughly 2.35%.
How much dividend does 100 shares of ITUB pay?
At $0.17 per share a year, 100 shares of ITUB pay $17.00 a year in dividends before tax, about $1.42 each month. Buying them costs about $725 at the Nov 5, 2026 price.
What is ITUB's dividend yield?
As of Nov 5, 2026, ITUB's forward dividend yield is 2.35%, based on a $0.17 annual dividend and a $7.25 share price.
What is ITUB's dividend per share?
As of Nov 5, 2026, ITUB pays $0.17 per share per year, distributed on a monthly basis.
What is ITUB's dividend payout ratio?
As of Nov 5, 2026, ITUB's payout ratio is 71% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has ITUB grown its dividend?
As of Nov 5, 2026, ITUB has increased its dividend for 1 consecutive years.
When is the next ITUB ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for ITUB is Dec 2, 2026.
ITUB Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+26%
5 Years
+106%
52-Week Range
$6.82 – $10.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ITUB worth?
Undervaluedlow confidenceOur blended fair-value estimate for Itaú Unibanco Holding S.A. is $11.25 per share, versus a market price of $7.25. That implies 55% of upside — a margin of safety of about 36%.
Fair Value
$11.25
Current Price
$7.25
Upside
+55%
Margin of Safety
36%
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.
Assumptions: 8.0% discount rate (CAPM), 9.2% growth for five years fading to 2.5% over the next five, $0.78 EPS, $0.17 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ITUB Dividend Safety Score
Borderline
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
Full ITUB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Nov 4, 2026 | Jan 11, 2027 | $0.0030 | regular |
| Oct 2, 2026 | Nov 10, 2026 | $0.0030 | regular |
| Sep 2, 2026 | Oct 8, 2026 | $0.0030 | regular |
| Aug 4, 2026 | Sep 9, 2026 | $0.0030 | regular |
| Jul 2, 2026 | Aug 10, 2026 | $0.0030 | regular |
| Jun 22, 2026 | Sep 4, 2026 | $0.0720 | regular |
| Jun 2, 2026 | Jul 9, 2026 | $0.0030 | regular |
| May 5, 2026 | Jun 8, 2026 | $0.0030 | regular |
| Apr 2, 2026 | May 11, 2026 | $0.0030 | regular |
| Mar 23, 2026 | — | $0.0680 | regular |
| Mar 3, 2026 | Apr 9, 2026 | $0.0030 | regular |
| Feb 3, 2026 | Mar 9, 2026 | $0.0030 | regular |
| Jan 5, 2026 | Feb 9, 2026 | $0.0030 | regular |
| Dec 11, 2025 | Mar 13, 2026 | $0.3932 | regular |
Income Calculator
At $0.17 / yr per share
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