Companhia Paranaense de Energia - COPEL Dividend
Dividend criteria checks 4/6
Companhia Paranaense de Energia - COPEL is a dividend paying company with a current yield of 3.98% 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
4.0%
Dividend yield
-7.5%
Buyback Yield
| Total Shareholder Yield | -3.5% |
| Future Dividend Yield | 8.4% |
| Dividend Growth | -1.8% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | R$0.380 |
| Payout ratio | 55% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CPLE6's dividend payments have been volatile in the past 10 years.
Growing Dividend: CPLE6's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Companhia Paranaense de Energia - COPEL Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CPLE6) | 4.0% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.9% |
| Industry Average (Electric Utilities) | 6.4% |
| Analyst forecast (CPLE6) (up to 3 years) | 8.4% |
Notable Dividend: CPLE6's dividend (3.98%) is higher than the bottom 25% of dividend payers in the BR market (2.92%).
High Dividend: CPLE6's dividend (3.98%) is low compared to the top 25% of dividend payers in the BR market (9.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.9%), CPLE6's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), CPLE6's dividend payments are covered by cash flows.