08-31-2023
BRL/share | |
Price | 57.92 |
Dividend | 1.27 |
Earnings | 8.16 |
Cash-flow | 5.79 |
Book value | 41.37 |
Equity | 38.49 |
Sabesp ON is part of Gas Water and Multiutilities business, which is part of Utilities industry. Sabesp ON is a company from Brazil, and his stocks are publicly traded.
Sabesp ON stock dividend
Sabesp ON paid a total dividend of 869 million BRL last year, for a market value of 39,617 millions (Market Cap 19,692 millions). Sabesp ON dividend per share is 1.27 BRL, and his stock market price 57.92 BRL.
According to the chart below, where dividend yield is displayed, Sabesp ON has a dividend yield of 2.20%, lower than the amount offered by both the market average and companies from Brazil. It is also lower than average of Utilities industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Sabesp ON stocks dividend with other Gas Water and Multiutilities companies or other of the high Brazil dividend stocks list.
Sabesp ON Dividend Payout
About the ability of Sabesp ON to maintain his current dividend of BRL 1.27 per share, an amount that accounts for 2.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sabesp ON payout on ernings is currently 15.56%, 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 Sabesp ONcan 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 Sabesp ON is BRL 5.79 per share, which is higher than the dividend per share paid by the company of BRL 1.27, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Sabesp ON, compared againt world market average, Brazil companies, Utilities industry and Gas Water and Multiutilities sector companies.
Sabesp ON Dividend History
Below you will find a table with the historical evolution of Sabesp ON'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 | 2.20% | 1.27 | 15.56% | 684 |
2022 | 1.65% | 0.94 | 14.14% | 684 |
2021 | 0.99% | 0.40 | 9.15% | 684 |
2020 | 3.10% | 1.38 | 18.33% | 684 |
2019 | 1.91% | 1.16 | 18.95% | 684 |
2018 | 3.27% | 1.03 | 18.63% | 684 |
2017 | 3.51% | 1.20 | 20.27% | 684 |
2016 | 0.73% | 0.22 | 9.57% | 684 |
2015 | 1.95% | 0.37 | 13.50% | 684 |
*In millions
Then you can see the evolution of Sabesp ON dividend stock, and compare it with the average of Brazil stocks and that of the Gas Water and Multiutilities stocks.
Sabesp ON Stock performance
Finally, last moth Sabesp ON showed a return of -0.30% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 17.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Gas Water and Multiutilities firms.