Companhia Paranaense de Energia - COPEL Dividend
Dividend criteria checks 4/6
Companhia Paranaense de Energia - COPEL is a dividend paying company with a current yield of 3.84% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 2nd October, 2024.
Key information
3.8%
Dividend yield
55%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 02 Oct 24 |
| Dividend per share | €0.070 |
| Earnings per share | €0.69 |
| Dividend yield forecast | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELP's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Companhia Paranaense de Energia - COPEL Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELP) | 3.8% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Electric Utilities) | 4.3% |
| Analyst forecast (ELP) (up to 3 years) | 7.6% |
Notable Dividend: ELP's dividend (3.84%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: ELP's dividend (3.84%) is low compared to the top 25% of dividend payers in the German market (4.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.9%), ELP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), ELP's dividend payments are covered by cash flows.