Companhia de Saneamento Básico do Estado de São Paulo SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. As of December 31, 2021, the company provided water services through 9.8 million water connections to approximately 27.8 million people; sewage services through 8.4 million sewage connections to approximately 24.6 million people; and operated 88,904 kilometers of water pipes and water transmission lines, as well as 61,122 kilometers of sewer lines. It also offers water and/or sewage services to four other municipalities through special purpose companies. The company was founded in 1954 and is headquartered in São Paulo, Brazil.
Companhia deneamento Básico do Estado de São Paulo -BESP Dividend Announcement
• Companhia deneamento Básico do Estado de São Paulo -BESP announced a annually dividend of $0.21 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-04-26
• Companhia deneamento Básico do Estado de São Paulo -BESP annual dividend for 2024 was $0.21
• Companhia deneamento Básico do Estado de São Paulo -BESP annual dividend for 2023 was $0.25
• Companhia deneamento Básico do Estado de São Paulo -BESP's trailing twelve-month (TTM) dividend yield is 1.33%
• Companhia deneamento Básico do Estado de São Paulo -BESP's payout ratio for the trailing twelve months (TTM) is 43.11%
• Companhia deneamento Básico do Estado de São Paulo -BESP's dividend growth over the last five years (2018-2023) was -4.07% year
• Companhia deneamento Básico do Estado de São Paulo -BESP's dividend growth over the last ten years (2013-2023) was -14.16% year
Companhia deneamento Básico do Estado de São Paulo -BESP Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-26 | $0.21 | annually | 2024-07-05 |
2023-05-02 | $0.25 | annually | 2023-07-06 |
2022-04-29 | $0.19 | annually | 2022-07-07 |
2021-04-30 | $0.08 | annually | 2021-07-08 |
2020-05-01 | $0.25 | annually | 2020-06-08 |
2019-04-30 | $0.30 | annually | 2019-07-08 |
2018-04-30 | $0.31 | annually | 2018-07-06 |
2017-04-11 | $0.38 | annually | 2017-07-07 |
2016-04-06 | $0.06 | annually | 2016-07-08 |
2015-04-07 | $0.11 | annually | 2015-07-09 |
2014-04-08 | $0.31 | annually | 2014-07-07 |
2013-04-01 | $1.16 | annually | 2013-07-01 |
Companhia deneamento Básico do Estado de São Paulo -BESP Dividend per year
Companhia deneamento Básico do Estado de São Paulo -BESP Dividend growth
Companhia deneamento Básico do Estado de São Paulo -BESP Dividend Yield
Companhia deneamento Básico do Estado de São Paulo -BESP current trailing twelve-month (TTM) dividend yield is 1.33%. Interested in purchasing Companhia deneamento Básico do Estado de São Paulo -BESP stock? Use our calculator to estimate your expected dividend yield:
Companhia deneamento Básico do Estado de São Paulo -BESP Financial Ratios
Companhia deneamento Básico do Estado de São Paulo -BESP Dividend FAQ
Other factors to consider when evaluating Companhia deneamento Básico do Estado de São Paulo -BESP as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Companhia deneamento Básico do Estado de São Paulo -BESP's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Companhia deneamento Básico do Estado de São Paulo -BESP publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Companhia deneamento Básico do Estado de São Paulo -BESP distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Companhia deneamento Básico do Estado de São Paulo -BESP are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Companhia deneamento Básico do Estado de São Paulo -BESP sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Companhia deneamento Básico do Estado de São Paulo -BESP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Companhia deneamento Básico do Estado de São Paulo -BESP declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Companhia deneamento Básico do Estado de São Paulo -BESP's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Companhia deneamento Básico do Estado de São Paulo -BESP's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.