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Companhia Brasileira de Alumínio produces and sells aluminum products. The company provides a range of products, such as foils, ingots, billets, plates, coils, sheets, slabs, tiles, rebars, rods, extruded profiles, and other aluminum products. It also holds interests in the bauxite mining units located in Poços de Caldas and Miraí, Minas Gerais state; and in Barro Alto, the state of Goiás. In addition, the company owns and operates hydroelectric power plants. It operates in Brazil, the United States, Switzerland, Mexico, the Netherlands, Iceland, Uruguay, Argentina, and internationally. Companhia Brasileira de Alumínio serves packaging, automotive, transportation, building and construction, and consumer goods industries. The company was incorporated in 1941 and is headquartered in São Paulo, Brazil. Companhia Brasileira de Alumínio is a subsidiary of Votorantim S.A.

Companhia Brasileira de Alumínio Dividend Announcement

• Companhia Brasileira de Alumínio announced a annually dividend of R$0.35 per ordinary share which will be made payable on 2023-12-22. Ex dividend date: 2023-04-28
• Companhia Brasileira de Alumínio annual dividend for 2023 was R$0.35
• Companhia Brasileira de Alumínio's trailing twelve-month (TTM) dividend yield is -%
• Companhia Brasileira de Alumínio's payout ratio for the trailing twelve months (TTM) is -19.54%

Companhia Brasileira de Alumínio Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-04-28R$0.35annually2023-12-22
2022-12-07R$0.09annually2022-12-15
2022-05-02R$0.10annually2022-05-18

Companhia Brasileira de Alumínio Dividend per year

Companhia Brasileira de Alumínio Dividend Yield

Companhia Brasileira de Alumínio current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Companhia Brasileira de Alumínio stock? Use our calculator to estimate your expected dividend yield:

Companhia Brasileira de Alumínio Financial Ratios

P/E ratio-5.66
PEG ratio-0.02
P/B ratio1.02
ROE-17.32%
Payout ratio-19.54%
Current ratio2.36
Quick ratio1.39
Cash Ratio0.64

Companhia Brasileira de Alumínio Dividend FAQ

Does Companhia Brasileira de Alumínio stock pay dividends?
Companhia Brasileira de Alumínio does not currently pay dividends to its shareholders.
Has Companhia Brasileira de Alumínio ever paid a dividend?
No, Companhia Brasileira de Alumínio has no a history of paying dividends to its shareholders. Companhia Brasileira de Alumínio is not known for its dividend payments.
Why doesn't Companhia Brasileira de Alumínio pay dividends?
There are several potential reasons why Companhia Brasileira de Alumínio would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Companhia Brasileira de Alumínio ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Companhia Brasileira de Alumínio has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Companhia Brasileira de Alumínio a dividend aristocrat?
Companhia Brasileira de Alumínio is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Companhia Brasileira de Alumínio a dividend king?
Companhia Brasileira de Alumínio is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Companhia Brasileira de Alumínio a dividend stock?
No, Companhia Brasileira de Alumínio is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Companhia Brasileira de Alumínio stocks?
To buy Companhia Brasileira de Alumínio you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Companhia Brasileira de Alumínio stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.