Petróleo Brasileiro - Petrobras Dividend
Dividend criteria checks 5/6
Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 15.61% that is well covered by earnings.
Key information
15.6%
Dividend yield
66%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €9.63 |
Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PJX's dividend payments have been volatile in the past 10 years.
Growing Dividend: PJX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Petróleo Brasileiro - Petrobras Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PJX) | 15.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Oil and Gas) | 3.2% |
Analyst forecast in 3 Years (PJX) | 9.1% |
Notable Dividend: PJX's dividend (15.61%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: PJX's dividend (15.61%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), PJX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), PJX's dividend payments are covered by cash flows.