Companhia Energética do Ceará - COELCE Dividend
Dividend criteria checks 3/6
Companhia Energética do Ceará - COELCE is a dividend paying company with a current yield of 4.3% that is well covered by earnings.
Key information
4.3%
Dividend yield
4%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$4.67 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COCE5's dividend payments have been volatile in the past 10 years.
Growing Dividend: COCE5's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Companhia Energética do Ceará - COELCE Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (COCE5) | 4.3% |
Market Bottom 25% (BR) | 2.1% |
Market Top 25% (BR) | 8.7% |
Industry Average (Electric Utilities) | 6.0% |
Analyst forecast in 3 Years (COCE5) | n/a |
Notable Dividend: COCE5's dividend (4.3%) is higher than the bottom 25% of dividend payers in the BR market (2.11%).
High Dividend: COCE5's dividend (4.3%) is low compared to the top 25% of dividend payers in the BR market (8.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.5%), COCE5's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: COCE5 is paying a dividend but the company has no free cash flows.