Petróleo Brasileiro - Petrobras Dividend
Dividend criteria checks 5/6
Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 15.2% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 26th April, 2024.
Key information
15.2%
Dividend yield
66%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 20 Jun 24 |
Ex dividend date | 26 Apr 24 |
Dividend per share | n/a |
Earnings per share | €9.63 |
Dividend yield forecast in 3Y | 8.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PJXC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PJXC'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 (PJXC) | 15.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Oil and Gas) | 3.2% |
Analyst forecast in 3 Years (PJXC) | 8.9% |
Notable Dividend: PJXC's dividend (15.2%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: PJXC's dividend (15.2%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), PJXC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), PJXC's dividend payments are covered by cash flows.