Petróleo Brasileiro - Petrobras Dividend
Dividend criteria checks 5/6
Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 16.94% that is well covered by earnings.
Key information
16.9%
Dividend yield
64%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €8.53 |
Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PJXA's dividend payments have been volatile in the past 10 years.
Growing Dividend: PJXA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Petróleo Brasileiro - Petrobras Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PJXA) | 16.9% |
Market Bottom 25% (BG) | 0.8% |
Market Top 25% (BG) | 5.9% |
Industry Average (Oil and Gas) | 6.2% |
Analyst forecast in 3 Years (PJXA) | 9.7% |
Notable Dividend: PJXA's dividend (16.94%) is higher than the bottom 25% of dividend payers in the BG market (0.8%).
High Dividend: PJXA's dividend (16.94%) is in the top 25% of dividend payers in the BG market (5.92%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.9%), PJXA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.2%), PJXA's dividend payments are covered by cash flows.