Cia Paranaense de En Dividend yield

Cia Paranaense de En is part of Electricity business, which is part of Utilities industry. Cia Paranaense de En is a company from Brazil, and his stocks are publicly traded.

Cia Paranaense de En stock dividend

Cia Paranaense de En paid a total dividend of 1,662 million BRL last year, for a market value of 14,540 millions (Market Cap 11,450 millions). Cia Paranaense de En dividend per share is 0.99 BRL, and his stock market price 8.66 BRL.

According to the chart below, where dividend yield is displayed, Cia Paranaense de En has a dividend yield of 11.46%, 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 Cia Paranaense de En stocks dividend with other Electricity companies or other of the best Brazil dividend stocks list.

Cia Paranaense de En Dividend Payout

About the ability of Cia Paranaense de En to maintain his current dividend of BRL 0.99 per share, an amount that accounts for 11.46%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cia Paranaense de En payout on ernings is currently 147.76%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Cia Paranaense de En can have problems to keep with his present dividend yield.

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 Cia Paranaense de En is BRL 1.42 per share, which is higher than the dividend per share paid by the company of BRL 0.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cia Paranaense de En, compared againt world market average, Brazil companies, Utilities industry and Electricity sector companies.

Cia Paranaense de En Dividend History

Below you will find a table with the historical evolution of Cia Paranaense de En's dividend stock, both in percentage and in BRL, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	BRL	Paypout	Shares*
Present	11.46%	0.99	147.76%	1,679
2022	12.55%	0.99	50.00%	1,679
2021	23.62%	1.52	96.82%	1,679
2020	4.14%	3.10	35.59%	128
2019	4.12%	2.85	43.71%	128
2018	7.14%	2.18	42.83%	129
2017	7.79%	1.94	37.31%	129
2016	4.33%	1.25	20.73%	128
2015	8.33%	2.39	40.78%	128

*In millions

Then you can see the evolution of Cia Paranaense de En dividend stock, and compare it with the average of Brazil stocks and that of the Electricity stocks.

Cia Paranaense de En Stock performance

Finally, last moth Cia Paranaense de En showed a return of 3.60% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 24.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Electricity firms.