November dividends: Petrobras, Itaú and Caixa Seguridade are among the highlights of the month
According to Money Times, PETR4, ITUB4, CXSE3, BBDC4 and TAEE11 are among B3 payers in November, and the tax difference between dividends and JCP weighs on the net.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 3 MIN
November arrives with a busy earnings calendar for those who have shares in B3. According to the Money Times, PETR4, ITUB4, CXSE3, BBDC4 and TAEE11 are among the companies that pay dividends or interest on equity (JCP) in the month, which turns the list into a starting point for those who build income from shares.
Among the cases cited, Petrobras appears with earnings of R$0.6741 per share, with payment scheduled for November 23rd. Banestes (BEES3) foresees JCP of R$0.0288 per share, with payment on Tuesday (3) and date on October 1st. The date-com is the reference that defines who was entitled to the proceeds, and the money arrives after it.
The point that weighs most on the investor's account is taxation. According to the Money Times, dividends are exempt from Income Tax, while JCPs have income tax withheld at source of 15%. In practice, two payments of the same gross value can arrive with different net values, which reinforces the need to look at the net before comparing payers.
In BB Investimentos' November portfolio, the house removed BPAC11 (BTG Pactual) and TEND3 (Tenda) and included CXSE3 (Caixa Seguridade) and WEGE3 (WEG). According to Money Times, the exchange of BTG for Caixa Seguridade seeks more defensiveness, as CXSE3 is less sensitive to the capital market than BPAC11.
The inclusion of WEG has another logic. The balance sheet for the third quarter was read as mixed, but, according to Money Times, analysts see positive long-term dynamics in the company that the share price does not yet reflect.
What changes for the investor
For those who invest and operate, the November calendar reinforces that the gain from earnings depends on the net value and date, and not just the announced value. The exchange of BTG for Caixa Seguridade in the BB Investimentos portfolio signals the search for defensiveness, while the entry of WEG bets on a long-term thesis that, according to Money Times, does not yet appear in the price. This article is not a recommendation to buy or sell and does not allow you to predict price behavior.
Automatically translated from Portuguese.
