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Elektro Redes S.A. engages in the distribution of electricity to homes and businesses in Brazil. The company distributes electricity to 223 cities of São Paulo and 5 cities of Mato Grosso do Sul. It serves approximately 6 million people. The company was formerly known as Elektro Eletricidade e Serviços S.A. and changed its name to Elektro Redes S.A. in August 2016. The company was founded in 1998 and is headquartered in Campinas, Brazil.

Elektro Redes Dividend Announcement

Elektro Redes announced a quarterly dividend of R$1.13 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-10-25
Elektro Redes annual dividend for 2024 was R$10.78
Elektro Redes annual dividend for 2023 was R$4.02
Elektro Redes's trailing twelve-month (TTM) dividend yield is 24.22%
Elektro Redes's payout ratio for the trailing twelve months (TTM) is 135.09%

Elektro Redes Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-25R$1.13quarterly2024-12-01
2024-10-01R$0.10quarterly2024-12-31
2024-07-26R$2.32quarterly2024-12-31
2024-06-26R$0.12quarterly2024-12-31
2024-04-30R$1.46quarterly2024-04-30
2024-04-15R$4.96quarterly2024-05-22
2024-03-26R$0.20quarterly2024-08-26
2024-01-05R$0.49quarterly2024-12-31
2023-08-01R$1.94quarterly2023-12-27
2023-07-04R$0.55quarterly2023-09-15
2023-04-25R$1.26quarterly2023-06-27
2023-01-05R$0.27quarterly2023-06-27
2022-11-03R$2.16quarterly2022-12-20
2022-10-06R$0.29quarterly2022-12-20
2022-08-02R$0.81quarterly2022-08-16
2022-07-06R$0.27quarterly2022-08-16
2022-04-22R$0.50quarterly2022-08-16
2022-04-05R$0.27quarterly2022-08-16
2022-01-06R$0.37quarterly2022-03-15
2021-07-06R$0.35quarterly2021-08-26
2021-04-12R$2.29quarterly2021-12-30
2021-01-07R$0.70quarterly2021-04-30
2020-01-07R$0.36quarterly2020-12-10
2019-07-04R$0.41quarterly2019-08-07
2019-01-07R$0.73quarterly2019-04-01
2017-09-18R$1.26quarterly2017-09-25
2017-04-13R$0.59quarterly2017-04-25
2016-10-20R$0.75quarterly
2016-07-19R$0.56quarterly
2016-04-22R$0.39quarterly
2016-01-04R$0.62quarterly
2015-08-10R$1.00quarterly
2015-04-10R$1.80quarterly
2014-12-05R$0.58quarterly
2014-03-21R$0.88quarterly
2013-10-22R$0.92quarterly
2013-04-29R$0.25quarterly
2012-08-15R$0.37quarterly
2012-04-10R$0.73quarterly

Elektro Redes Dividend per year

Elektro Redes Dividend growth

Elektro Redes Dividend Yield

Elektro Redes current trailing twelve-month (TTM) dividend yield is 24.22%. Interested in purchasing Elektro Redes stock? Use our calculator to estimate your expected dividend yield:

Elektro Redes Financial Ratios

P/E ratio8.60
PEG ratio0.09
P/B ratio4.19
ROE37.96%
Payout ratio135.09%
Current ratio1.05
Quick ratio1.05
Cash Ratio0.27

Elektro Redes Dividend FAQ

How much is the next Elektro Redes dividend?
Elektro Redes's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Elektro Redes dividend. The next Elektro Redes dividend will be released in January, April, July, or August.
When is Elektro Redes dividend paid?
Elektro Redes pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Elektro Redes pay?
The specific amount of Elektro Redes dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Elektro Redes's dividend history.
Does Elektro Redes stock pay dividends?
Yes, Elektro Redes does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Elektro Redes's dividend history.
How much dividend does Elektro Redes pay?
Elektro Redes paid R$10.78 in 2024, R$4.02 in 2023, R$4.657 in 2022, R$3.338 in 2021, and R$0.362 in 2020.
How often does Elektro Redes pay dividends?
Elektro Redes typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and August.
What is Elektro Redes's dividend yield?
The current dividend yield for Elektro Redes is 24.22%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Elektro Redes's exact dividend yield.
When does Elektro Redes go ex dividend?
Elektro Redes's ex-dividend date for the latest dividend was on 2024-10-25. Elektro Redes typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Elektro Redes dividend paid?
Elektro Redes pays dividends on a quarterly basis, typically around January, April, July, or August, but the exact dates can vary each year.
Will Elektro Redes increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Elektro Redes will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Elektro Redes dividend per share?
Elektro Redes paid R$10.78 per share in 2024 and R$4.02 per share in 2023. The amount of dividend per share that Elektro Redes pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Elektro Redes a dividend aristocrat?
No, 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 Elektro Redes a dividend king?
No, 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 Elektro Redes a dividend stock?
Yes, Elektro Redes is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Elektro Redes a good dividend stock?
Whether Elektro Redes is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Elektro Redes has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Elektro Redes 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.
Does Elektro Redes pay dividends monthly?
Elektro Redes typically pays dividends on a quarterly basis.
Does Elektro Redes pay dividends quarterly?
Elektro Redes currently pays dividends on a quarterly basis.
Has Elektro Redes ever paid a dividend?
Yes, Elektro Redes has a history of paying dividends to its shareholders. Elektro Redes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Elektro Redes dividend stocks?
To buy Elektro Redes 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Elektro Redes 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.
When does Elektro Redes pay dividends 2024?
Elektro Redes pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Elektro Redes increase its dividend in 2024?
Decisions regarding Elektro Redes dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Elektro Redes dividend overview you can look into the above table of dividend history.
How Elektro Redes dividend works?
The Elektro Redes dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Elektro Redes's dividend process works:

1. Determination of Dividend: Elektro Redes'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, Elektro Redes 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, Elektro Redes 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 Elektro Redes 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.
How are Elektro Redes dividends paid?
Elektro Redes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Elektro Redes 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, Elektro Redes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Elektro Redes 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.
How many times does Elektro Redes pay dividends?
Elektro Redes typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Elektro Redes pay dividends?
The general pattern is that Elektro Redes pays dividends around January, April, July, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Elektro Redes dividend safe?
The safety of Elektro Redes's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Elektro Redes'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 Elektro Redes'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.