Petrobras leads Brazilian dividend stock recommendations for May

Petrobras (PETR4) is the most recommended stock for dividend investors in May, according to a compilation of recommendations from major brokerages. The stock received seven recommendations. Other top recommendations include Banco do Brasil (BBAS3), Telefonica Brasil (VIVT3), Copel (CPLE6), and Direcional (DIRR3). Two stocks from April's list, CPFL and Tim (TIMS3), were removed from the top recommendations due to fewer endorsements. The article highlights the importance of dividend income and provides context on why these specific stocks are favored, including their dividend yields and analysts' perspectives on their performance and future prospects.