5 Bank Dividend Stocks with Over 4% Yield

2. Banco Santander (Brasil) S.A. (NYSE:BSBR)

Number of Hedge Fund Holders: 6

Dividend Yield as of March 9: 6.32%

Banco Santander (Brasil) S.A. (NYSE:BSBR) provides banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through two segments, Commercial Banking and Global Wholesale Banking. As of March 9, 2022, the stock has a forward yield of 6.32% and has gained 18.60% year to date.

This January, Goldman Sachs analyst Tito Labarta upgraded Banco Santander (Brasil) S.A. (NYSE:BSBR) to Neutral from Sell and maintained a $6 price target.

Out of 924 elite hedge funds being tracked at Insider Monkey, 6 held stakes in Banco Santander (Brasil) S.A. (NYSE:BSBR) by the end of the fourth quarter of 2021. The total value of these stakes was in excess of $7.35 million. Ken Griffin’s Citadel Investment Group was the leading stakeholder in the company, having stakes worth $4.56 million as of February 23, 2022.