Neoenergia Dividend yield

 Price  17.22
 Dividend  0.66
 Earnings  4.53
 Cash-flow  0.00
 Book value  19.13
 Equity  18.34

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 paid a total dividend of 801 million BRL last year, for a market value of 20,905 millions (Market Cap 3,903 millions). Dividend per share of Neoenergia is 0.66 BRL, and his stock market price 17.22 BRL.

According to the chart below, where dividend yield is displayed, Neoenergia has a dividend yield of 3.82%, which is similar to the amount offered by both the market average and companies from Brazil. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Neoenergia dividend yield with other Electricity companies or firms from Brazil.

Dividend yield of Neoenergia

Neoenergia Dividend Payout

About the ability of Neoenergia to maintain his current dividend of BRL 0.66 per share, an amount that accounts for 3.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Neoenergia payout on ernings is currently 14.57%, which is lower than the market average and companies of Utilities industry, which are 38.25% and 54.88% 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 0.00 per share, which is lower than the dividend per share paid by the company of BRL 0.66, 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 Neoenergia, compared againt world market average, Brazil companies, Utilities industry and Electricity sector companies.

Neoenergia payout

Neoenergia Dividend History

Year Yield  BRL  Paypout  Shares* 

*In millions

Neoenergia Stock performance

Finally, last moth Neoenergia showed a return of 7.00% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 3.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Brazil and Electricity firms.

Neoenergia stock and market return