Neoenergia Dividend
Dividend criteria checks 3/6
Neoenergia is a dividend paying company with a current yield of 5.96% that is well covered by earnings.
Key information
6.0%
Dividend yield
32%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.60 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NRGI.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NRGI.Y's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Neoenergia Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NRGI.Y) | 6.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Electric Utilities) | 3.2% |
Analyst forecast in 3 Years (NRGI.Y) | 3.8% |
Notable Dividend: NRGI.Y's dividend (5.96%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: NRGI.Y's dividend (5.96%) is in the top 25% of dividend payers in the US market (4.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), NRGI.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NRGI.Y is paying a dividend but the company has no free cash flows.