$0.01 dividends are within arm’s reach for Itau Unibanco Banco Holding SA (NYSE:ITUB) shareholders.

August 31, 2017 – By Louis Casey

Itau Unibanco Banco Holding SA (NYSE:ITUB) is expected to pay $0.01 on Oct 12, 2017. The indicated annual dividend is $0.06. Shareholders owning the stock before Sep 1, 2017 will be eligible to receive the payout. Based on Itau Unibanco Banco Holding SA’s current price of $12.86, the dividend is 0.04 %. This dividend’s record date is Sep 6, 2017 and the announcement date is Aug 23, 2017. The stock decreased 0.54% or $0.07 during the last trading session, reaching $12.86. About shares traded. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has risen 47.22% since August 31, 2016 and is uptrending. It has outperformed by 30.52% the S&P500.

Itau Unibanco Holding S.A. is a holding company. The company has market cap of $79.60 billion. The Firm provides a range of financial services and products to individual and corporate clients in Brazil and abroad. It has a 11.39 P/E ratio. The Firm operates through three divisions: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation.

Itau Unibanco Holding SA (ADR) (NYSE:ITUB) Ratings Coverage

Among 8 analysts covering Itau Unibanco Banco Holding SA (NYSE:ITUB), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Itau Unibanco Banco Holding SA had 12 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Wednesday, April 12 by Scotia Capital. The stock of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) earned “Overweight” rating by Barclays Capital on Wednesday, April 27. Credit Suisse downgraded the shares of ITUB in report on Tuesday, October 13 to “Underperform” rating. The stock of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has “Neutral” rating given on Wednesday, July 20 by Goldman Sachs. The stock of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has “Sell” rating given on Friday, April 8 by Citigroup. As per Tuesday, March 29, the company rating was downgraded by Goldman Sachs. On Tuesday, March 15 the stock rating was initiated by Scotia Capital with “Underperform”. The rating was downgraded by Deutsche Bank to “Hold” on Tuesday, March 22. The firm has “Neutral” rating by Citigroup given on Thursday, October 15. JP Morgan maintained the shares of ITUB in report on Tuesday, August 16 with “Overweight” rating.

More news for Itau Unibanco Holding SA (ADR) (NYSE:ITUB) were recently published by: Schaeffersresearch.com, which released: “Petroleo Brasileiro SA Petrobras, Itau Unibanco, GlycoMimetics Stocks Moving Today” on May 18, 2017. Nasdaq.com‘s article titled: “Brazil Inflation Hits 18-Year Low: ETFs in Focus” and published on August 25, 2017 is yet another important article.