Transmissora Alianca Dividend yield

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

Transmissora Alianca stock dividend

Transmissora Alianca paid a total dividend of 1,673 million BRL last year, for a market value of 11,799 millions (Market Cap 7,475 millions). Transmissora Alianca dividend per share is 4.85 BRL, and his stock market price 34.20 BRL.

According to the chart below, where dividend yield is displayed, Transmissora Alianca has a dividend yield of 14.19%, 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 Transmissora Alianca stocks dividend with other Electricity companies or other of the highest Brazil dividend stocks list.

Transmissora Alianca Dividend Payout

About the ability of Transmissora Alianca to maintain his current dividend of BRL 4.85 per share, an amount that accounts for 14.19%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Transmissora Alianca payout on ernings is currently 114.93%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Transmissora Alianca 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 Transmissora Alianca is BRL 4.38 per share, which is lower than the dividend per share paid by the company of BRL 4.85, 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 Transmissora Alianca, compared againt world market average, Brazil companies, Utilities industry and Electricity sector companies.

Transmissora Alianca Dividend History

Below you will find a table with the historical evolution of Transmissora Alianca'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	14.19%	4.85	114.93%	345
2022	18.38%	6.37	99.22%	345
2021	12.82%	4.66	70.50%	345
2020	9.64%	3.21	110.69%	345
2019	6.06%	1.89	60.58%	345
2018	11.81%	2.79	147.62%	345
2017	7.62%	1.63	64.94%	345
2016	0.00%	0.00	0.00%	345
2015	12.55%	2.21	884.00%	345

*In millions

Then you can see the evolution of Transmissora Alianca dividend stock, and compare it with the average of Brazil stocks and that of the Electricity stocks.

Transmissora Alianca Stock performance

Finally, last moth Transmissora Alianca showed a return of -5.00% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -17.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Electricity firms.