Centrais Elétricas Brasileiras - Eletrobrás Dividend
Dividend criteria checks 2/6
Centrais Elétricas Brasileiras - Eletrobrás is a dividend paying company with a current yield of 3.5%.
Key information
3.5%
Dividend yield
97%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | R$2.17 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELET6's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELET6's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Centrais Elétricas Brasileiras - Eletrobrás Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ELET6) | 3.5% |
Market Bottom 25% (BR) | 2.2% |
Market Top 25% (BR) | 8.8% |
Industry Average (Electric Utilities) | 6.0% |
Analyst forecast in 3 Years (ELET6) | 4.2% |
Notable Dividend: ELET6's dividend (3.5%) is higher than the bottom 25% of dividend payers in the BR market (2.16%).
High Dividend: ELET6's dividend (3.5%) is low compared to the top 25% of dividend payers in the BR market (8.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.6%), ELET6's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.6%), ELET6's dividend payments are covered by cash flows.