Companhia Paranaense de Energia - COPEL is a dividend paying company with a current yield of 3.69% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 1st October, 2024.
Key information
3.7%
Dividend yield
55%
Payout ratio
Industry average yield
6.2%
Next dividend pay date
29 Nov 24
Ex dividend date
01 Oct 24
Dividend per share
R$0.380
Earnings per share
R$0.69
Dividend yield forecast
6.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CPLE5's dividend payments have been volatile in the past 10 years.
Growing Dividend: CPLE5's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Companhia Paranaense de Energia - COPEL Dividend Yield vs Market
How does CPLE5 dividend yield compare to the market?
Segment
Dividend Yield
Company (CPLE5)
3.7%
Market Bottom 25% (BR)
2.6%
Market Top 25% (BR)
9.1%
Industry Average (Electric Utilities)
6.2%
Analyst forecast (CPLE5) (up to 3 years)
6.6%
Notable Dividend: CPLE5's dividend (3.69%) is higher than the bottom 25% of dividend payers in the BR market (2.63%).
High Dividend: CPLE5's dividend (3.69%) is low compared to the top 25% of dividend payers in the BR market (9.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.9%), CPLE5's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), CPLE5's dividend payments are covered by cash flows.