Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SBSUtilities · Stock · annual payer
Forward Yield
0.63%
Annual Dividend
$0.03
Payout Ratio
32%
5-Yr Growth
21.1%
Ex-Date
Mar 27, 2026
Frequency
Annual
Summary
As of September 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) yields 0.63% ($0.03 per share annually), with a blended fair-value estimate of $16.23 — +206% upside, so it screens as undervalued. Dividend safety grade: C (57/100). 4 years of dividend growth.
Is SBS a good dividend stock?
MixedCompanhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) pays a annual dividend yielding 0.63% ($0.03/yr), with 4 years 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
- Comfortable payout ratio (32%)
- Strong 21.1% 5-yr dividend growth
- 323% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 0.63%
- Payout Ratio
- 32%
- Annual Dividend
- $0.03
- 5-Yr Avg Growth
- 21.1%
- Ex-Dividend Date
- Mar 27, 2026
- Years of Growth
- 4
- Frequency
- annual
- Beta
- 0.07
- Market Cap
- $18.7B
- P/E Ratio
- 11.5
- 5-Yr Total Return
- 323%
- 52-Week Range
- $4.43 – $7.16
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
SBS Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+130%
5 Years
+323%
52-Week Range
$4.43 – $7.16
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SBS worth?
Undervaluedlow confidenceOur blended fair-value estimate for Companhia de Saneamento Básico do Estado de São Paulo - SABESP is $16.23 per share, versus a market price of $5.31. That implies 206% of upside — a margin of safety of about 67%.
Fair Value
$16.23
Current Price
$5.31
Upside
+206%
Margin of Safety
67%
How we get there
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 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.46 EPS, $0.03 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SBS 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 27, 2026 | — | $0.0318 | regular |
| May 2, 2025 | — | $0.1314 | regular |
| Apr 26, 2024 | — | $0.0562 | regular |
| May 2, 2023 | — | $0.0506 | regular |
| Apr 29, 2022 | — | $0.0400 | regular |
| Apr 30, 2021 | — | $0.0142 | regular |
| May 1, 2020 | — | $0.0504 | regular |
| Apr 30, 2019 | — | $0.0600 | regular |
| Apr 30, 2018 | — | $0.0622 | regular |
| Apr 11, 2017 | — | $0.0768 | regular |
| Apr 6, 2016 | — | $0.0120 | regular |
| Apr 7, 2015 | — | $0.0228 | regular |
| Apr 8, 2014 | — | $0.0612 | regular |
| Apr 1, 2013 | — | $0.0775 | regular |
Income Calculator
At $0.03 / yr per share
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