Companhia Paranaense de Energia - COPEL Dividend
Dividend criteria checks 3/6
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
4.2%
Dividend yield
50%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 08 Jul 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.72 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
No updates
Recent updates
COPEL Q3 Earnings: Losing Its Dividend Appeal
Nov 22COPEL: Approaching With Caution In The Post-Privatization Era
Aug 24COPEL: Hold It Until The State No Longer Owns It And Receive Dividends Meanwhile
Jun 13COPEL: Turn A Blind Eye On The Balance Sheet And Continue To Hold The Stock
Dec 23Companhia Paranaense de Energia net profit of R$378.39M, revenue of R$5.45B
Nov 14Companhia Paranaense de Energia - COPEL 2021 Q1 - Results - Earnings Call Presentation
May 10Companhia Paranaense de Energia reports Q3 results
Nov 13Upcoming Dividend Payment
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) | 4.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Electric Utilities) | 3.4% |
| Analyst forecast in 3 Years (ELP) | 5.8% |
Notable Dividend: ELP's dividend (4.15%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: ELP's dividend (4.15%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), ELP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.2%), ELP's dividend payments are not well covered by cash flows.