Companhia Distribuidora de Gás do Rio de Janeiro - CEG Dividend
Dividend criteria checks 4/6
Companhia Distribuidora de Gás do Rio de Janeiro - CEG is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
53%
Payout ratio
| Industry average yield | 9.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R$2.41 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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) | 1.6% |
| Market Bottom 25% (BR) | 2.2% |
| Market Top 25% (BR) | 8.8% |
| Industry Average (Gas Utilities) | 9.2% |
| Analyst forecast in 3 Years (CEGR3) | n/a |
Notable Dividend: CEGR3's dividend (1.6%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.09%).
High Dividend: CEGR3's dividend (1.6%) is low compared to the top 25% of dividend payers in the BR market (8.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.7%), CEGR3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.6%), CEGR3's dividend payments are covered by cash flows.