Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) Announces — Dividend of $0.16

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) declared a — dividend on Friday, April 4th, Wall Street Journal reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.1575 per share by the utilities provider on Tuesday, May 20th. This represents a yield of 4%. The ex-dividend date is Wednesday, April 30th. This is a 11.4% increase from Centrais Elétricas Brasileiras S.A. – Eletrobrás’s previous — dividend of $0.14.

Centrais Elétricas Brasileiras S.A. – Eletrobrás has decreased its dividend by an average of 21.0% annually over the last three years.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Trading Down 4.9 %

NYSE EBR opened at $6.97 on Friday. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 12 month low of $5.45 and a 12 month high of $8.37. The company has a current ratio of 2.06, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. The stock’s fifty day moving average price is $6.69 and its 200-day moving average price is $6.43. The stock has a market cap of $15.65 billion, a P/E ratio of 8.50, a P/E/G ratio of 4.35 and a beta of 1.00.

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) last announced its quarterly earnings data on Friday, March 14th. The utilities provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.08). The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $10.17 billion. Centrais Elétricas Brasileiras S.A. – Eletrobrás had a net margin of 26.50% and a return on equity of 9.00%. As a group, equities analysts forecast that Centrais Elétricas Brasileiras S.A. – Eletrobrás will post 0.32 EPS for the current fiscal year.

Centrais Elétricas Brasileiras S.A. – Eletrobrás Company Profile

Centrais Elétricas Brasileiras SA – Eletrobrás, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. As of December 31, 2023, it owned and operated 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); 5 thermal plants, including coal and gas power generation units with a total installed capacity of 1,632 MW; and two nuclear power plants comprising Angra 1 with an installed capacity of 657 MW and Angra 2 with an installed capacity of 1350 MW.