
A BrazilAgra (AGRA3) approved the payment of R$ 320 million to dividendsshows a document sent to the market this Tuesday (24).
According to the document, the price per share will be R$ 3.212352878, which must be paid within 30 days of
from the date of your declaration to AGOE.
From October 25, shares will be traded without dividends.
- Vivo (VIVT3), Dividends, Shares, B3: Vivo (VIVT3) could pay 5 billion reais in dividends from 2024 and have one of the highest yields on B3
BrasilAgro: What to expect from 1Q24 and 3Q23 results?
XP is forecasting weak results for the company, reflecting poor profitability from the old soybean crop, although better sugar prices should already be helping the sugarcane crop.
Overall, the broker forecasts net income of R$267 million, down 13% year-over-year, and adjusted EBITDA of R$24 million, down 78% from 2022, with a weak margin of 8 .9%.
Looking ahead, XP expects sugarcane and soybean margins to recover.
Despite this, the broker remains neutral with a target price of R$31.80 and upside potential of 9%, with a bearish view on commodity prices and possible risks for the company in the next harvest, mainly with the risk of El Niño , for corn.
In an interview with Agra TimesAs the CEO of the company explained, the first two quarters of the harvest are traditionally weaker.
Com by Pasquale Augusto
See the document: