CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Dividend
Dividend criteria checks 4/6
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista is a dividend paying company with a current yield of 8.44% that is well covered by earnings.
Key information
8.4%
Dividend yield
30%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.59 |
Dividend yield forecast in 3Y | 12.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTPZ.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTPZ.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CTPZ.Y) | 8.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Electric Utilities) | 3.4% |
Analyst forecast in 3 Years (CTPZ.Y) | 12.3% |
Notable Dividend: CTPZ.Y's dividend (8.44%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: CTPZ.Y's dividend (8.44%) is in the top 25% of dividend payers in the US market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), CTPZ.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (171.8%), CTPZ.Y's dividend payments are not well covered by cash flows.