Transmissora Aliança de Energia Elétrica Dividend
Dividend criteria checks 2/6
Transmissora Aliança de Energia Elétrica is a dividend paying company with a current yield of 5.92% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.9%
Dividend yield
55%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | 16 May 24 |
Ex dividend date | 06 May 24 |
Dividend per share | n/a |
Earnings per share | R$3.97 |
Dividend yield forecast in 3Y | 11.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAEE3's dividend payments have been volatile in the past 10 years.
Growing Dividend: TAEE3's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Transmissora Aliança de Energia Elétrica Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TAEE3) | 5.9% |
Market Bottom 25% (BR) | 2.1% |
Market Top 25% (BR) | 8.7% |
Industry Average (Electric Utilities) | 6.0% |
Analyst forecast in 3 Years (TAEE3) | 11.6% |
Notable Dividend: TAEE3's dividend (5.92%) is higher than the bottom 25% of dividend payers in the BR market (2.11%).
High Dividend: TAEE3's dividend (5.92%) is low compared to the top 25% of dividend payers in the BR market (8.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.5%), TAEE3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.5%), TAEE3's dividend payments are not well covered by cash flows.