Companhia Energética do Rio Grande do Norte - COSERN

BOVESPA:CSRN5 Stock Report

Market Cap: R$2.4b

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Companhia Energética do Rio Grande do Norte - COSERN Dividend

Dividend criteria checks 5/6

Companhia Energética do Rio Grande do Norte - COSERN is a dividend paying company with a current yield of 12.46% that is well covered by earnings.

Key information

12.5%

Dividend yield

18%

Payout ratio

Industry average yield6.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareR$1.695
Earnings per shareR$3.30
Dividend yield forecastn/a

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CSRN5's dividend payments have been volatile in the past 10 years.

Growing Dividend: CSRN5's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Companhia Energética do Rio Grande do Norte - COSERN Dividend Yield vs Market
How does CSRN5 dividend yield compare to the market?
SegmentDividend Yield
Company (CSRN5)12.5%
Market Bottom 25% (BR)2.6%
Market Top 25% (BR)9.1%
Industry Average (Electric Utilities)6.2%
Analyst forecast (CSRN5) (up to 3 years)n/a

Notable Dividend: CSRN5's dividend (12.46%) is higher than the bottom 25% of dividend payers in the BR market (2.47%).

High Dividend: CSRN5's dividend (12.46%) is in the top 25% of dividend payers in the BR market (8.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.9%), CSRN5's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (81.6%), CSRN5's dividend payments are covered by cash flows.


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