Petróleo Brasileiro S.A. - Petrobras

NYSE:PBR Stock Report

Market Cap: US$83.3b

Petróleo Brasileiro - Petrobras Dividends and Buybacks

Dividend criteria checks 4/6

Petróleo Brasileiro - Petrobras is a dividend paying company with a current yield of 16.8%. Next payment date is on 3rd January, 2025 with an ex-dividend date of 13th December, 2024.

Key information

16.8%

Dividend yield

0.9%

Buyback Yield

Total Shareholder Yield17.7%
Future Dividend Yield12.7%
Dividend Growth25.0%
Next dividend pay date03 Jan 25
Ex dividend date13 Dec 24
Dividend per shareUS$1.270
Payout ratio93%

Recent dividend and buyback updates

Recent updates

Petrobras: Massive Dividends And No Lula Problems

Dec 12

Petrobras: A Gift That Keeps On Giving - Rich Yields Remain Attractive

Nov 28

Petrobras Production Report Q3 2024: Oil Price Does Not Help And Neither Does Recent News

Oct 31

Petrobras: Double-Upgrade To Buy On New Exploration And Stable Management

Oct 01

Petrobras: Very High Safety Margin

Sep 20

Petrobras: Focus On The Rich Yields & Discounted Valuations - Volatility Is Inevitable

Aug 31

Petrobras: Too Many CEO Transitions (Technical Analysis)

Aug 22

Petrobras Production Report Q2 2024: Be Careful, As Profits May Fall Sharply

Jul 31

Why Petrobras Stock Deserves A Downgrade

Jul 05

Petrobras: Focus On The 4X P/E Ratio, Not The 13% Yield (Rating Upgrade)

Jun 20

Petrobras: It's Hard To Be Bullish Now

May 28

Petrobras: Ignore The Noise, Rely On Fundamentals

May 15

The Petrobras Absurdity: Yield Exceeds P/E

May 05

Petrobras: Repeating Past Mistakes, I Don't Recommend Buying Shares

Apr 15

Petrobras: The Sell-Off Provides Opportunity

Apr 02

Petrobras: Losing Its Appeal On Lower Distributions, Higher Capex

Mar 14

Petrobras Q4 Earnings: No Longer A Dividend Powerhouse

Mar 08

Petrobras: Poised To Sustain Its Attractive Dividend Yield

Feb 29

Petrobras: This Is Not The End

Jan 28

Why Petrobras Stock Is Set To Keep Soaring

Jan 12

Petrobras In 2024: Opportunity Or Pitfall?

Jan 02

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PBR's dividend payments have been volatile in the past 10 years.

Growing Dividend: PBR's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Petróleo Brasileiro - Petrobras Dividend Yield vs Market
How does PBR dividend yield compare to the market?
SegmentDividend Yield
Company (PBR)16.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Oil and Gas)4.2%
Analyst forecast (PBR) (up to 3 years)12.7%

Notable Dividend: PBR's dividend (16.8%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: PBR's dividend (16.8%) is in the top 25% of dividend payers in the US market (4.53%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (92.7%), PBR's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), PBR's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 22:39
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Petróleo Brasileiro S.A. - Petrobras is covered by 54 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Yim ChengBarclays
Daniel CobucciBB Banco de Investimento S.A.