Brazilian stock market sees Safra's JBS buy recommendation and August dividend payouts

Safra Corretora advised aggressive investors to allocate 20% of capital to each of four positions for the week of 3‑7 August 2026, recommending a purchase of JBS (JBSS32) at R$ 69.74 with a target of R$ 73.40 and a stop at R$ 66.50. The broker also suggested buying Alpargatas, Totvs and Weg, while recommending a sale of Usiminas (USIM5). The recommendation includes entry‑price tolerance of 0.5% and notes a 47.37% hit‑rate for the prior week.

For August 2026, a dividend calendar lists payments from major Brazilian companies. Banks such as Bradesco (BBDC3/BBDC4), Itaú (ITUB3/ITUB4) and Santander (SANB3/SANB4/SANB11) will distribute dividends and interest on capital. Large corporates Weg (WEGE3) and Petrobras (PETR3/PETR4) also announce payouts, with Itaú’s JCP scheduled for 3 and 31 August, grossing R$ 3.99 billion. Dividend and JCP receipts are subject to withholding tax of 10% and 15% respectively.