sabre_jenn

4 Reasons to Like SBS

Jeff - SBS trades on NYSE

The state of Sao Paulo owns 50.3%, 26% is traded on NYSE, and the remaining trades locally in Sao Paulo

That said, I am unable to get any reliable info on SBS dividends. The author claims 10%, various websites say 0%, and SBS's investor presentation says 2.1% ???

4 Reasons to Like SBS

Victor84 -- if you have held SBS for a while, could you tell us what dividends it actually pays?

The author's 10% yield claim is not supported by any financial website I could find -- they all claim the payout is "zero" (no regular payment). One site says it paid 2.5% this year so far, but nothing for 2007 and 2008

SBS's own investor presentation says 2.1% yield now, and less last year (they say they paid a dividend in 2008, though small)

What is the correct dividend?

4 Reasons to Like SBS

I just checked the investor presentation directly from SBS's own website... they say the yield *was* in the high single digits two years ago, but the current yield according to SBS itself is 2.1%

4 Reasons to Like SBS

SBS does not appear to pay regular dividends -- and based on the most recent 12 months, it has paid a yield of about only 2.5%?

Before that, it paid no dividends for two years. If dividends resume at their old rate (not guaranteed), SBS would be paying about 3.6% yield

Yahoo, Google and Seeking Alpha all say SBS pays no dividend at all

So where do you get 10% yield from?