CESP PN Class B Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   BRL per share 
 Price  28.16
 Dividend  1.85
 Earnings  3.71
 Cash-flow  1.44
 Book value  21.66
 Equity  21.95

CESP PN Class B is part of Electricity business, which is part of Utilities industry. CESP PN Class B is a company from Brazil, and his stocks are publicly traded.

CESP PN Class B paid a total dividend of 390 million BRL last year, for a market value of 5,942 millions (Market Cap 5,125 millions). Dividend per share of CESP PN Class B is 1.85 BRL, and his stock market price 28.16 BRL.

According to the chart below, where dividend yield is displayed, CESP PN Class B has a dividend yield of 6.57%, which is higher than the amount offered by both the market average and companies from Brazil. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare CESP PN Class B dividend yield with other Electricity companies or firms from Brazil.

Dividend yield of CESP PN Class B

CESP PN Class B Dividend Payout

About the ability of CESP PN Class B to maintain his current dividend of BRL 1.85 per share, an amount that accounts for 6.57%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CESP PN Class B payout on ernings is currently 49.87%, which is higher than the market average, but lower than companies of Utilities industry, which are 41.09% and 60.83% respectively. Both figures show that CESP PN Class B should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of CESP PN Class B is BRL 1.44 per share, which is lower than the dividend per share paid by the company of BRL 1.85, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of CESP PN Class B, compared againt world market average, Brazil companies, Utilities industry and Electricity sector companies.

CESP PN Class B payout

CESP PN Class B Stock performance

Finally, last moth CESP PN Class B showed a return of 4.80% compared to a worldwide 10.27% average, and a 7.37% of Utilities firms. Over the last year, the company obtained a 9.10% versus a worldwide performance of a -13.38%. More detailed information can be seen in the following graph for Brazil and Electricity firms.

CESP PN Class B stock and market return

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