Dividend yields in Brazil, a measure that shows how much a
company pays in dividends annually relative to its stock price,
fell last year to the lowest since 2008, according to a
Wednesday report by São Paulo-based financial research firm
Last year, the median dividend yield for shares traded in
the São Paulo Stock Exchange fell to 1.69 percent from 2.07
percent in 2012, Economatica said. The level is the lowest since
2008, when high stock prices and a decline in payouts because of
the global financial crisis drove the ratio to 1.34 percent.
Declining dividend yield readings could reduce the allure of
Brazilian shares, now that the U.S. and other stock markets are
recovering from years of lackluster performance, analysts said.
According to Economatica, median dividend yields for the U.S.
stock market ended last year at 1.46 percent, the highest in at
least a decade.