Companhia Paranaense de Energia - COPEL is a dividend paying company with a current yield of 4.15% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
4.1%
Dividend yield
50%
Payout ratio
Industry average yield
5.8%
Next dividend pay date
08 Jul 24
Ex dividend date
02 May 24
Dividend per share
n/a
Earnings per share
€0.72
Dividend yield forecast in 3Y
5.7%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELP1's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELP1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Companhia Paranaense de Energia - COPEL Dividend Yield vs Market
How does ELP1 dividend yield compare to the market?
Segment
Dividend Yield
Company (ELP1)
4.1%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Electric Utilities)
5.8%
Analyst forecast in 3 Years (ELP1)
5.7%
Notable Dividend: ELP1's dividend (4.15%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: ELP1's dividend (4.15%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), ELP1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.2%), ELP1's dividend payments are not well covered by cash flows.