2 weeks Ago By ABMN Staff
Itaú Unibanco Holding S.A. ( NYSE:ITUB – Get Free Report ) announced a dividend on Thursday, September 5th, NASDAQ reports.
Investors of record on Wednesday, October 2nd will be given a dividend of 0.0031 per share by the bank on Friday, November 8th. The ex-dividend date is Wednesday, October 2nd.
Itaú Unibanco has raised its dividend by an average of 26.3% per year over the last three years. Itaú Unibanco has a payout ratio of 4.
8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Itaú Unibanco to earn $0.88 per share next year, which means the company should continue to be able to cover its $0.
04 annual dividend with an expected future payout ratio of 4.5%. Itaú Unibanco Price Performance Itaú Unibanco stock opened at $6.
78 on Monday. The firm has a market capitalization of $66.45 billion, a P/E ratio of 9.
16, a PEG ratio of 0.84 and a beta of 0.97.
The business has a 50-day moving average of $6.46 and a 200-day moving average of $6.33.
The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.
34. Itaú Unibanco has a 1 year low of $5.12 and a 1 year high of $7.
27. Analyst Ratings Changes Several analysts recently commented on the company. UBS Group downgraded Itaú Unibanco from a “buy” rating to a “neutral” rating in a research note on Thursday, August 22nd.
Morgan Stanley upgraded Itaú Unibanco from an “equal weight” rating to an “overweight” rating in a report on Monday, June 17th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $7.
05. Check Out Our Latest Report on Itaú Unibanco About Itaú Unibanco ( Get Free Report ) Itaú Unibanco Holding SA offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation.
It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. Featured Stories Receive News & Ratings for Itaú Unibanco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Itaú Unibanco and related companies with MarketBeat.com's FREE daily email newsletter .
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