DLocal Limited (DLO) to Issue Quarterly Dividend of $0.19 on June 10th

DLocal Limited (NASDAQ:DLO) declared a quarterly dividend on Monday, March 16th. Shareholders of record on Wednesday, May 27th will be given a dividend of 0.1939 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Wednesday, May 27th.

DLocal has a dividend payout ratio of 97.5% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect DLocal to earn $1.08 per share next year, which means the company should continue to be able to cover its $0.77 annual dividend with an expected future payout ratio of 71.3%.

DLocal Price Performance

DLO stock opened at $12.06 on Monday. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 19.14 and a beta of 1.04. The business’s fifty day moving average price is $12.79 and its two-hundred day moving average price is $13.23. DLocal has a fifty-two week low of $9.75 and a fifty-two week high of $16.78.

DLocal (NASDAQ:DLO) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The company had revenue of $335.86 million for the quarter, compared to analysts’ expectations of $331.20 million. During the same quarter last year, the business earned $0.15 earnings per share. DLocal’s revenue was up 54.9% on a year-over-year basis. Research analysts expect that DLocal will post 0.84 EPS for the current year.

Institutional Trading of DLocal

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in DLocal by 0.3% in the first quarter. Bank of America Corp DE now owns 4,073,358 shares of the company’s stock valued at $52,831,000 after buying an additional 13,536 shares in the last quarter. Cria Inc. acquired a new stake in DLocal in the fourth quarter valued at about $56,560,000. Atmos Capital Gestao DE Recursos LTDA. acquired a new stake in DLocal in the fourth quarter valued at about $54,128,000. Marshall Wace LLP boosted its stake in DLocal by 18.9% in the fourth quarter. Marshall Wace LLP now owns 3,662,772 shares of the company’s stock valued at $51,792,000 after buying an additional 582,718 shares in the last quarter. Finally, Baillie Gifford & Co. boosted its stake in DLocal by 12.2% in the fourth quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock valued at $42,373,000 after buying an additional 326,537 shares in the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

About DLocal

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.