Petróleo Brasileiro - Petrobras Dividend
Dividend criteria checks 5/6
Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 14.92% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
14.9%
Dividend yield
66%
Payout ratio
Industry average yield | 13.6% |
Next dividend pay date | 20 Jun 24 |
Ex dividend date | 03 May 24 |
Dividend per share | n/a |
Earnings per share | R$9.63 |
Dividend yield forecast in 3Y | 8.7% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (PETR3) | 14.9% |
Market Bottom 25% (BR) | 2.2% |
Market Top 25% (BR) | 8.8% |
Industry Average (Oil and Gas) | 13.6% |
Analyst forecast in 3 Years (PETR3) | 8.7% |
Notable Dividend: PETR3's dividend (14.92%) is higher than the bottom 25% of dividend payers in the BR market (2.09%).
High Dividend: PETR3's dividend (14.92%) is in the top 25% of dividend payers in the BR market (8.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), PETR3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), PETR3's dividend payments are covered by cash flows.