Elektro Redes Dividend
Dividend criteria checks 4/6
Elektro Redes is a dividend paying company with a current yield of 10.96% that is well covered by earnings.
Key information
11.0%
Dividend yield
6%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$4.96 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EKTR4's dividend payments have been volatile in the past 10 years.
Growing Dividend: EKTR4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Elektro Redes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EKTR4) | 11.0% |
Market Bottom 25% (BR) | 2.1% |
Market Top 25% (BR) | 8.7% |
Industry Average (Electric Utilities) | 6.1% |
Analyst forecast in 3 Years (EKTR4) | n/a |
Notable Dividend: EKTR4's dividend (10.96%) is higher than the bottom 25% of dividend payers in the BR market (2.18%).
High Dividend: EKTR4's dividend (10.96%) is in the top 25% of dividend payers in the BR market (8.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), EKTR4's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (122.8%), EKTR4's dividend payments are not well covered by cash flows.