Petróleo Brasileiro - Petrobras Dividends and Buybacks
Dividend criteria checks 4/6
Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 17%. Next payment date is on 20th March, 2025 with an ex-dividend date of 26th December, 2024.
Key information
17.0%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 17.9% |
| Future Dividend Yield | 12.9% |
| Dividend Growth | 25.0% |
| Next dividend pay date | 20 Mar 25 |
| Ex dividend date | 26 Dec 24 |
| Dividend per share | R$6.268 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PETR3's dividend payments have been volatile in the past 10 years.
Growing Dividend: PETR3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Petróleo Brasileiro - Petrobras Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PETR3) | 17.0% |
| Market Bottom 25% (BR) | 3.5% |
| Market Top 25% (BR) | 10.1% |
| Industry Average (Oil and Gas) | 15.9% |
| Analyst forecast (PETR3) (up to 3 years) | 12.9% |
Notable Dividend: PETR3's dividend (17%) is higher than the bottom 25% of dividend payers in the BR market (3.46%).
High Dividend: PETR3's dividend (17%) is in the top 25% of dividend payers in the BR market (10.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.7%), PETR3's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), PETR3's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Petróleo Brasileiro S.A. - Petrobras is covered by 51 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Yim Cheng | Barclays |
| Daniel Cobucci | BB Banco de Investimento S.A. |