Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 14.87% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
14.9%
Dividend yield
66%
Payout ratio
Industry average yield
6.0%
Next dividend pay date
20 Jun 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
€9.63
Dividend yield forecast in 3Y
8.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XPBRA's dividend payments have been volatile in the past 10 years.
Growing Dividend: XPBRA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Petróleo Brasileiro - Petrobras Dividend Yield vs Market
How does XPBRA dividend yield compare to the market?
Segment
Dividend Yield
Company (XPBRA)
14.9%
Market Bottom 25% (ES)
2.3%
Market Top 25% (ES)
5.9%
Industry Average (Oil and Gas)
6.0%
Analyst forecast in 3 Years (XPBRA)
8.7%
Notable Dividend: XPBRA's dividend (14.87%) is higher than the bottom 25% of dividend payers in the Spanish market (2.26%).
High Dividend: XPBRA's dividend (14.87%) is in the top 25% of dividend payers in the Spanish market (5.86%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), XPBRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), XPBRA's dividend payments are covered by cash flows.