CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Dividend
Dividend criteria checks 3/6
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista is a dividend paying company with a current yield of 8.4% that is well covered by earnings.
Key information
8.4%
Dividend yield
51%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$4.15 |
Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRPL3's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRPL3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TRPL3) | 8.4% |
Market Bottom 25% (BR) | 2.1% |
Market Top 25% (BR) | 8.7% |
Industry Average (Electric Utilities) | 6.0% |
Analyst forecast in 3 Years (TRPL3) | 7.2% |
Notable Dividend: TRPL3's dividend (8.4%) is higher than the bottom 25% of dividend payers in the BR market (2.12%).
High Dividend: TRPL3's dividend (8.4%) is low compared to the top 25% of dividend payers in the BR market (8.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), TRPL3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (229.1%), TRPL3's dividend payments are not well covered by cash flows.