Companhia Distribuidora de Gás do Rio de Janeiro - CEG

BOVESPA:CEGR3 Stock Report

Market Cap: R$13.9b

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 2.16% that is well covered by earnings. Next payment date is on 30th July, 2025 with an ex-dividend date of 17th December, 2024.

Key information

2.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-14.0%
Next dividend pay date30 Jul 25
Ex dividend date17 Dec 24
Dividend per shareR$1.211
Payout ratio44%

Recent dividend and buyback updates

Recent updates

Here's Why Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Can Manage Its Debt Responsibly

Nov 30
Here's Why Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Can Manage Its Debt Responsibly

Returns On Capital Are A Standout For Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3)

Apr 07
Returns On Capital Are A Standout For Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3)

Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Looks To Prolong Its Impressive Returns

Dec 30
Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Looks To Prolong Its Impressive Returns

Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) May Have Issues Allocating Its Capital

Aug 17
Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) May Have Issues Allocating Its Capital

Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Is Reinvesting To Multiply In Value

May 09
Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Is Reinvesting To Multiply In Value

Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?

Apr 18
Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?

Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Stock Is Going Strong: Have Financials A Role To Play?

Feb 26
Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Stock Is Going Strong: Have Financials A Role To Play?

Here's What Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Strong Returns On Capital Means

Feb 03
Here's What Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Strong Returns On Capital Means

Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?

Jan 12
Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?

Did You Participate In Any Of Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Fantastic 243% Return ?

Dec 22
Did You Participate In Any Of Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Fantastic 243% Return ?

Stability 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
How does CEGR3 dividend yield compare to the market?
SegmentDividend Yield
Company (CEGR3)2.2%
Market Bottom 25% (BR)3.4%
Market Top 25% (BR)10.5%
Industry Average (Gas Utilities)9.3%
Analyst forecast (CEGR3) (up to 3 years)n/a

Notable Dividend: CEGR3's dividend (2.16%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (3.29%).

High Dividend: CEGR3's dividend (2.16%) is low compared to the top 25% of dividend payers in the BR market (10.08%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.5%), 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.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 02:55
End of Day Share Price 2024/11/29 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Companhia Distribuidora de Gás do Rio de Janeiro - CEG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution