Companhia Distribuidora de Gás do Rio de Janeiro - CEG Dividends and Buybacks
Dividend criteria checks 4/6
Companhia Distribuidora de Gás do Rio de Janeiro - CEG is a dividend paying company with a current yield of 1.73% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 30th April, 2024.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -14.8% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 30 Apr 24 |
| Dividend per share | R$1.211 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Returns On Capital Are A Standout For Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3)
Apr 07
Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Looks To Prolong Its Impressive Returns
Dec 30Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) May Have Issues Allocating Its Capital
Aug 17Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Is Reinvesting To Multiply In Value
May 09Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?
Apr 18Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Stock Is Going Strong: Have Financials A Role To Play?
Feb 26Here's What Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Strong Returns On Capital Means
Feb 03Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?
Jan 12
Did You Participate In Any Of Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Fantastic 243% Return ?
Dec 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CEGR3's dividends per share have been stable in the past 10 years.
Growing Dividend: CEGR3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Companhia Distribuidora de Gás do Rio de Janeiro - CEG Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CEGR3) | 1.7% |
| Market Bottom 25% (BR) | 2.9% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Gas Utilities) | 8.7% |
| Analyst forecast (CEGR3) (up to 3 years) | n/a |
Notable Dividend: CEGR3's dividend (1.73%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.93%).
High Dividend: CEGR3's dividend (1.73%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), CEGR3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.8%), CEGR3's dividend payments are covered by cash flows.