Centrais Elétricas Brasileiras - Eletrobrás

BOVESPA:ELET6 Stock Report

Mkt Cap: R$125.1b

Centrais Elétricas Brasileiras - Eletrobrás Dividend

What is Centrais Elétricas Brasileiras - Eletrobrás's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.33%

Current Dividend Yield

Dividend Yield vs Market

Centrais Elétricas Brasileiras - Eletrobrás Dividend Yield vs Market
How does ELET6 dividend yield compare to the market?
SegmentDividend Yield
Company (ELET6)3.3%
Market Bottom 25% (BR)1.6%
Market Top 25% (BR)7.0%
Industry Average (Electric Utilities)6.9%
Analyst forecast in 3 Years (ELET6)4.9%

Notable Dividend: ELET6's dividend (3.33%) is higher than the bottom 25% of dividend payers in the BR market (1.5%).

High Dividend: ELET6's dividend (3.33%) is low compared to the top 25% of dividend payers in the BR market (6.88%).


Stability and Growth of Payments

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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.1%), ELET6's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ELET6 is paying a dividend but the company has no free cash flows.


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