Petróleo Brasileiro - Petrobras Dividends and Buybacks
Dividend criteria checks 4/6
Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 16.41%. Next payment date is on 20th December, 2024 with an ex-dividend date of 22nd August, 2024.
Key information
16.4%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 17.3% |
| Future Dividend Yield | 11.7% |
| Dividend Growth | 25.1% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 22 Aug 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) | 16.4% |
| Market Bottom 25% (BR) | 2.9% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Oil and Gas) | 14.8% |
| Analyst forecast (PETR3) (up to 3 years) | 11.7% |
Notable Dividend: PETR3's dividend (16.41%) is higher than the bottom 25% of dividend payers in the BR market (2.93%).
High Dividend: PETR3's dividend (16.41%) is in the top 25% of dividend payers in the BR market (9.45%)
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.