Ranking: Top Dividend-Paying Ibovespa Stocks in 2025

Published on May 17, 2025 by B3 Bora Investir

For many investors, dividends are a key part of their stock investment strategy — whether reinvested or used as passive income. That’s why it’s essential to identify dividend-paying companies that can enhance portfolio performance.

One of the main ways to find these stocks is by evaluating the Dividend Yield (DY) — a ratio that shows the return generated by a company’s dividends relative to its share price. The higher the DY, the better the income return from dividends.

According to a study by Elos Ayta Consultoria, here are the 15 stocks with the highest Dividend Yields on the Ibovespa index in 2025, as of May 13:

Rank	Company	DY (%)
1	ISA CTEEP (ISAE4)	10.26%
2	CPFL Energia (CPFE3)	8.85%
3	TIM (TIMS3)	7.82%
4	Cemig (CMIG4)	7.54%
5	ENGIE Brasil (ENGI11)	7.32%
6	Telefônica Brasil (VIVT3)	6.88%
7	Petrobras (PETR4)	6.85%
8	Itaú Unibanco (ITUB4)	6.72%
9	Banco do Brasil (BBAS3)	6.65%
10	BB Seguridade (BBSE3)	6.42%
11	Vibra Energia (VBBR3)	6.30%
12	Bradesco (BBDC4)	6.20%
13	Vale (VALE3)	6.10%
14	Marfrig (MRFG3)	6.05%
15	JBS (JBSS3)	5.98%

The electric energy sector stands out, with four companies among the top 15. Analysts highlight that this industry is known for its stability and predictable revenue due to regulation and steady demand for electricity. Companies like CPFL Energia and ISA CTEEP benefit from long-term contracts and tariff adjustments that ensure consistent cash flow — allowing for regular dividend payouts.

Telecom companies such as TIM and Telefônica Brasil also appear on the list, reinforcing their appeal to investors seeking reliable dividend income.

For income-focused investors, it’s crucial to look at a company’s history of dividend payments and assess whether they’re sustainable over the long term. While Dividend Yield is a helpful metric, it should be used alongside a broader evaluation of a company’s financial health and strategic outlook.