08-31-2023
| BRL/share | |
| Price | 23.16 |
| Dividend | 0.44 |
| Earnings | 3.93 |
| Cash-flow | 5.15 |
| Book value | 12.87 |
| Equity | 9.61 |
PetroReconcavo is part of Oil and Gas Producers business, which is part of Oil and Gas industry. PetroReconcavo is a company from Brazil, and his stocks are publicly traded.
PetroReconcavo stock dividend
PetroReconcavo paid a total dividend of 128 million BRL last year, for a market value of 6,763 millions (Market Cap 4,577 millions). PetroReconcavo dividend per share is 0.44 BRL, and his stock market price 23.16 BRL.
According to the chart below, where dividend yield is displayed, PetroReconcavo has a dividend yield of 1.92%, lower than the amount offered by both the market average and companies from Brazil. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare PetroReconcavo stocks dividend with other Oil and Gas Producers companies or other of the high Brazil dividend stocks list.
PetroReconcavo Dividend Payout
About the ability of PetroReconcavo to maintain his current dividend of BRL 0.44 per share, an amount that accounts for 1.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PetroReconcavo payout on ernings is currently 11.20%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures lead us to believe that there is confidence that PetroReconcavocan 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 PetroReconcavo is BRL 5.15 per share, which is higher than the dividend per share paid by the company of BRL 0.44, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of PetroReconcavo, compared againt world market average, Brazil companies, Oil and Gas industry and Oil and Gas Producers sector companies.
PetroReconcavo Stock performance
Finally, last moth PetroReconcavo showed a return of 0.70% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -15.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Oil and Gas Producers firms.
