Credicorp Sets Special Dividend at $14.276 a Share

Credicorp Ltd. (BAP) has set a special dividend of $14.276 per share, with the stock trading ex-dividend on May 18, 2026. The payout compares with a previous dividend rate of $1.458 per share, with the change listed at 8.7915. Based on the locked dividend data, the annual dividend per share is $14.28 and the forward annual yield is 0.0386 at a share price of $369.55.

The event comes after a stronger operating start to the year for Credicorp, Peru's largest financial-services holding company. Credicorp describes itself as Peru's leading financial group, with a universal banking, insurance and pensions platform, plus microfinance, investment management and advisory operations in Latin America, according to its investor-relations profile.

Recent Business Context

Credicorp's first-quarter materials pointed to broad-based operating momentum. The company reported record-high net income and ROE in the period, citing loan growth, improved asset quality, resilient margins and lower funding costs as supporting factors in its earnings release. Management also said the company entered the year from a position of franchise resilience and disciplined execution, while noting that Peru was navigating a transitional political and economic period.

The group remains centered on Banco de Credito del Peru, Mibanco, BCP Bolivia, Pacifico Seguros, Prima AFP and Credicorp Capital, among other businesses. That mix gives the company exposure to consumer and corporate banking, microfinance, insurance, pensions and wealth-management activity across several Latin American markets, according to Credicorp's company description.

Credicorp's investor-relations site states that dividend decisions are reviewed annually by the board and consider subsidiary dividend availability, legal and capital requirements, financial performance, broader business and economic conditions, and other relevant factors. The latest special dividend follows one year of consecutive dividend growth, while the dividend record also includes a cut in 2021, according to the locked facts.

What It Means for Income Investors

For income investors, the main point is cash timing and sustainability. Holders needed to own the shares before the May 18, 2026 ex-dividend date to be eligible for this special payout. The dividend safety score is 57 out of 100, with a C grade, indicating a midrange profile rather than a high-conviction safety signal.

Because this is classified as a special dividend, investors should not assume the same rate will recur in future periods. The payout lifts near-term income, but future distributions will depend on earnings, capital needs, subsidiary cash flows and board approval.