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 12.26% that is well covered by earnings.
Key information
12.3%
Dividend yield
18%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R$1.631 |
| Earnings per share | R$3.30 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSRN6's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSRN6'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSRN6) | 12.3% |
| Market Bottom 25% (BR) | 2.3% |
| Market Top 25% (BR) | 8.3% |
| Industry Average (Electric Utilities) | 5.9% |
| Analyst forecast in 3 Years (CSRN6) | n/a |
Notable Dividend: CSRN6's dividend (12.26%) is higher than the bottom 25% of dividend payers in the BR market (2.31%).
High Dividend: CSRN6's dividend (12.26%) is in the top 25% of dividend payers in the BR market (8.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.9%), CSRN6's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.5%), CSRN6's dividend payments are covered by cash flows.