Transmissora Alianca Dividend yield




   BRL/share 
 Price  44.14
 Dividend  4.66
 Earnings  6.40
 Cash-flow  3.50
 Book value  19.19
 Equity  18.39

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 paid a total dividend of 1,608 million BRL last year, for a market value of 15,228 millions (Market Cap 9,648 millions). Dividend per share of Transmissora Alianca is 4.66 BRL, and his stock market price 44.14 BRL.

According to the chart below, where dividend yield is displayed, Transmissora Alianca has a dividend yield of 10.56%, 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 dividend yield with other Electricity companies or firms from Brazil.

Dividend yield of Transmissora Alianca

Transmissora Alianca Dividend Payout

About the ability of Transmissora Alianca to maintain his current dividend of BRL 4.66 per share, an amount that accounts for 10.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Transmissora Alianca payout on ernings is currently 72.81%, which is higher than the market average, and companies of Utilities industry, which are 38.25% and 54.88% 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 3.50 per share, which is lower than the dividend per share paid by the company of BRL 4.66, 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 Transmissora Alianca, compared againt world market average, Brazil companies, Utilities industry and Electricity sector companies.

Transmissora Alianca payout

Transmissora Alianca Dividend History

Year Yield  BRL  Paypout  Shares* 
Present10.56%4.6672.81%345
202112.82%4.6670.50%345
20209.64%3.21110.69%345
20196.06%1.8960.58%345
201811.81%2.79147.62%345
20177.62%1.6364.94%345
20160.00%0.000.00%345
201512.55%2.21884.00%345

*In millions

Transmissora Alianca Stock performance

Finally, last moth Transmissora Alianca showed a return of 11.90% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 13.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Brazil and Electricity firms.

Transmissora Alianca stock and market return