Centrais Elétricas Brasileiras - Eletrobrás Dividend
Dividend criteria checks 3/6
Centrais Elétricas Brasileiras - Eletrobrás is a dividend paying company with a current yield of 4.66% that is well covered by earnings.
Key information
4.7%
Dividend yield
88%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$2.10 |
Dividend yield forecast in 3Y | 11.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELET3's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELET3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Centrais Elétricas Brasileiras - Eletrobrás Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ELET3) | 4.7% |
Market Bottom 25% (BR) | 2.3% |
Market Top 25% (BR) | 9.0% |
Industry Average (Electric Utilities) | 6.5% |
Analyst forecast in 3 Years (ELET3) | 11.2% |
Notable Dividend: ELET3's dividend (4.66%) is higher than the bottom 25% of dividend payers in the BR market (2.34%).
High Dividend: ELET3's dividend (4.66%) is low compared to the top 25% of dividend payers in the BR market (9%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.8%), ELET3's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.3%), ELET3's dividend payments are not well covered by cash flows.