Brazilian investors build dividend‑focused portfolios as interest rates stay high

A guide for Brazilian investors explains how to assemble a portfolio of dividend‑paying stocks as an alternative to fixed‑income assets when the Selic rate hovers around 10%. It outlines criteria such as dividend yield, payout ratio, debt levels and sector stability, highlighting banks, utilities, insurers, sanitation and commodity firms. Simulations show that a 6% dividend yield combined with 5% price appreciation can outpace the benchmark rate, especially when dividends are reinvested over a 5‑10‑year horizon and the portfolio is diversified across 10‑15 companies.

Separately, the "Craques da Bolsa 2026" report from Ágora Investimentos uses a soccer‑team analogy to select stocks that can endure a high‑interest, volatile environment. Defensive choices include ABB Seguridade, WEG, RD Saúde, Marcopolo and Iguatemi, while offensive picks feature Itaú Unibanco and B3. The report stresses defensive quality, dividend generation and exposure to growth markets, advising investors to balance protection and upside potential.