Neoenergia Dividend yield

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

Neoenergia stock dividend

Neoenergia paid a total dividend of 1,578 million BRL last year, for a market value of 22,143 millions (Market Cap 4,134 millions). Neoenergia dividend per share is 1.30 BRL, and his stock market price 18.24 BRL.

According to the chart below, where dividend yield is displayed, Neoenergia has a dividend yield of 7.10%, 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 Neoenergia stocks dividend with other Electricity companies or other of the highest Brazil dividend stocks list.

Neoenergia Dividend Payout

About the ability of Neoenergia to maintain his current dividend of BRL 1.30 per share, an amount that accounts for 7.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Neoenergia payout on ernings is currently 24.25%, which is lower than the market average and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures lead us to believe that there is confidence that Neoenergiacan maintain his current 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 Neoenergia is BRL 3.80 per share, which is higher than the dividend per share paid by the company of BRL 1.30, so the company generates enough cash to maintain his dividend in the future.

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

Neoenergia Dividend History

Below you will find a table with the historical evolution of Neoenergia'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	7.10%	1.30	24.25%	1,214
2022	5.17%	0.80	17.62%	1,214
2021	3.24%	0.52	15.07%	1,214
2020	3.90%	0.69	24.30%	1,214
2019	1.12%	0.28	12.84%	1,214

*In millions

Neoenergia Stock performance

Finally, last moth Neoenergia showed a return of -6.70% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 10.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Electricity firms.