Rede D’Or (RDOR3) Stock Surges Over 4% After Extraordinary Dividend Announcement – Is It Time to Buy in 2025?
- Why Is RDOR3 Up Over 4% Today?
- What Are Analysts Saying About the Dividend Move?
- Can Rede D’Or Afford This Payout?
- Is RDOR3 a Top Pick Right Now?
- FAQ
Rede D’Or’s shares (RDOR3) are soaring today, leading the Ibovespa with a 4%+ rally following the approval of nearly R$8.12 billion in dividends and interest on equity. Analysts are bullish, but is this healthcare giant really a must-buy right now? Let’s break it down.
Why Is RDOR3 Up Over 4% Today?
As of 1 PM Brasília time on December 16, 2025, RDOR3 shares were trading at R$46.80, marking a 4.04% jump. The surge comes after the company’s board approved a massive shareholder payout:
- R$5.62 billion in interim dividends (R$2.55/share)
- R$2.1 billion in additional dividends (R$0.95/share)
- R$400 million in interest on equity (R$0.18/share)
The payments will hit accounts on December 30, with shares trading ex-dividend starting December 19. According to TradingView data, this puts RDOR3’s total yield at an attractive ~8% at current prices.
What Are Analysts Saying About the Dividend Move?
The BTCC research team notes this payout was expected given Brazil’s new dividend taxation rules (10% on payments above R$5k/month), but the scale surprised markets. "Rede D’Or opted for an aggressive cash distribution, signaling management’s confidence in future cash generation," said BTCC’s lead analyst.
Key takeaways from major banks:
| Institution | Rating | Price Target | Upside |
|---|---|---|---|
| BTG Pactual | Buy | R$57.00 | 26.67% |
| Itaú BBA | Buy | R$58.00 | 28.89% |
| Safra | Buy | R$57.00 | 26.67% |
| Ágora/Bradesco | Buy | R$44.00 | -2.22% |
Can Rede D’Or Afford This Payout?
Despite the hefty distribution, analysts aren’t worried about the company’s financial health. With R$25 billion in cash reserves (excluding technical reserves) as of Q3 2025 and strong capital market access, RDOR3’s investment capacity remains intact. The Santander team calls the dividend structure "smart" for its partial deferral to 2026.
Is RDOR3 a Top Pick Right Now?
Multiple firms have crowned RDOR3 their sector favorite:
- BTG’s top healthcare pick
- Ágora/Bradesco’s preferred stock
- Safra’s "outperform" rating
The consensus? While the dividend pop is nice, the real story is Rede D’Or’s dominant market position and growth pipeline. As one trader joked, "In healthcare stocks, you want the company that owns the hospital – not the one visiting it."
FAQ
When will Rede D’Or pay its extraordinary dividends?
The payment is scheduled for December 30, 2025, with shares trading ex-dividend starting December 19.
What’s the total dividend yield at current prices?
Approximately 8% when combining all distributions.
Why did the market expect this dividend announcement?
Due to Brazil’s new tax rules imposing a 10% levy on dividends above R$5,000/month.
Which analysts are most bullish on RDOR3?
Itaú BBA has the highest price target at R$58 (28.9% upside), followed by BTG and Safra at R$57.
