In the last 12 months, the dividend portfolio increased 25.49%, against 19.49% for IDIV and 13.07% for IBOV.; see Safra's choices (Image: Getty Images)
O Harvest made only one exchange in your wallet dividends with 10 actions for October. This month, the Gerdau (GGBR4) gave way to Petrobras (PETR4).
The choice for the state-owned company is due to the bank's belief that results will continue to be robust in the short and medium term and the company will maintain a good capacity to distribute dividends. Additionally, PETR4 offers attractive pricing, and the bank sees the shares trading at a discount relative to their international peers and their historical average.
The portfolio is made up of national companies with good potential for paying dividends and expected growth.
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In September, the portfolio returned 0.94%, against -0.72% for IDIV and -3.08% for IBOV. During the year, the portfolio accumulated an increase of 7.34%, against 4.25% for IDIV and -1.76% for IBOV. In the last 12 months, the portfolio advanced 25.49%, against 19.49% for IDIV and 13.07% for IBOV.
Safra's choices to profit from dividends in October
| Enterprise | Ticker | Target price | Appreciation potential | Dividend Yield 2024E |
|---|---|---|---|---|
| Cyrela | CYRE3 | R$ 31.2 | 52% | 2.70% |
| Porto | PSSA3 | R$ 37 | 1.50% | 4.80% |
| Itaú Unibanco | ITUB4 | R$ 45 | 24.60% | 8.60% |
| Bank of Brazil | BBSA3 | R$ 32 | 17.70% | 10.10% |
| Petrobras | PETR4 | R$ 34 | -5.60% | 11.70% |
| Vale | ELECTION 3 | R$ 73 | 14.90% | 6.50% |
| Eletrobras | ELET6 | R$ 59.4 | 35.90% | 4.20% |
| Cemig | CMIG4 | R$ 14.5 | 27.20% | 11.10% |
| Telefónica | VIVT3 | R$ 57.5 | 3% | 9.40% |
| Copel | CPLE6 | R$ 12.30 | 20.70% | 4.10% |