CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Dividend
Dividend criteria checks 4/6
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista is a dividend paying company with a current yield of 8.91% that is well covered by earnings.
Key information
8.9%
Dividend yield
51%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$4.31 |
Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRPL4's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRPL4'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 |
---|
Segment | Dividend Yield |
---|---|
Company (TRPL4) | 8.9% |
Market Bottom 25% (BR) | 2.2% |
Market Top 25% (BR) | 8.8% |
Industry Average (Electric Utilities) | 6.1% |
Analyst forecast in 3 Years (TRPL4) | 7.7% |
Notable Dividend: TRPL4's dividend (8.91%) is higher than the bottom 25% of dividend payers in the BR market (2.17%).
High Dividend: TRPL4's dividend (8.91%) is in the top 25% of dividend payers in the BR market (8.83%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), TRPL4's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (267%), TRPL4's dividend payments are not well covered by cash flows.