Petrobras ON Dividend yield

 Price  33.26
 Dividend  17.98
 Earnings  8.11
 Cash-flow  15.12
 Book value  30.24
 Equity  26.33

Petrobras ON is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Petrobras ON is a company from Brazil, and his stocks are publicly traded.

Petrobras ON paid a total dividend of 133,807 million BRL last year, for a market value of 247,521 millions (Market Cap 123,121 millions). Dividend per share of Petrobras ON is 17.98 BRL, and his stock market price 33.26 BRL.

According to the chart below, where dividend yield is displayed, Petrobras ON has a dividend yield of 54.07%, which is higher than the amount offered by both the market average and companies from Brazil. It is also bigger than average of Oil and Gas 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 Petrobras ON dividend yield with other Oil and Gas Producers companies or firms from Brazil.

Dividend yield of Petrobras ON

Petrobras ON Dividend Payout

About the ability of Petrobras ON to maintain his current dividend of BRL 17.98 per share, an amount that accounts for 54.07%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Petrobras ON payout on ernings is currently 221.70%, which is higher than the market average, and companies of Oil and Gas industry, which are 41.59% and 59.11% respectively. Both figures show that Petrobras ON 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 Petrobras ON is BRL 15.12 per share, which is lower than the dividend per share paid by the company of BRL 17.98, 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 Petrobras ON, compared againt world market average, Brazil companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Petrobras ON payout

Petrobras ON Dividend History

Year Yield  BRL  Paypout  Shares* 

*In millions

Petrobras ON Stock performance

Finally, last moth Petrobras ON showed a return of 0.50% compared to a worldwide 3.75% average, and a 8.84% of Oil and Gas firms. Over the last year, the company obtained a 20.20% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Brazil and Oil and Gas Producers firms.

Petrobras ON stock and market return