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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | R$1.13 | quarterly | 2024-12-01 |
2024-10-01 | R$0.10 | quarterly | 2024-12-31 |
2024-07-26 | R$2.32 | quarterly | 2024-12-31 |
2024-06-26 | R$0.12 | quarterly | 2024-12-31 |
2024-04-30 | R$1.46 | quarterly | 2024-04-30 |
2024-04-15 | R$4.96 | quarterly | 2024-05-22 |
2024-03-26 | R$0.20 | quarterly | 2024-08-26 |
2024-01-05 | R$0.49 | quarterly | 2024-12-31 |
2023-08-01 | R$1.94 | quarterly | 2023-12-27 |
2023-07-04 | R$0.55 | quarterly | 2023-09-15 |
2023-04-25 | R$1.26 | quarterly | 2023-06-27 |
2023-01-05 | R$0.27 | quarterly | 2023-06-27 |
2022-11-03 | R$2.16 | quarterly | 2022-12-20 |
2022-10-06 | R$0.29 | quarterly | 2022-12-20 |
2022-08-02 | R$0.81 | quarterly | 2022-08-16 |
2022-07-06 | R$0.27 | quarterly | 2022-08-16 |
2022-04-22 | R$0.50 | quarterly | 2022-08-16 |
2022-04-05 | R$0.27 | quarterly | 2022-08-16 |
2022-01-06 | R$0.37 | quarterly | 2022-03-15 |
2021-07-06 | R$0.35 | quarterly | 2021-08-26 |
2021-04-12 | R$2.29 | quarterly | 2021-12-30 |
2021-01-07 | R$0.70 | quarterly | 2021-04-30 |
2020-01-07 | R$0.36 | quarterly | 2020-12-10 |
2019-07-04 | R$0.41 | quarterly | 2019-08-07 |
2019-01-07 | R$0.73 | quarterly | 2019-04-01 |
2017-09-18 | R$1.26 | quarterly | 2017-09-25 |
2017-04-13 | R$0.59 | quarterly | 2017-04-25 |
2016-10-20 | R$0.75 | quarterly | |
2016-07-19 | R$0.56 | quarterly | |
2016-04-22 | R$0.39 | quarterly | |
2016-01-04 | R$0.62 | quarterly | |
2015-08-10 | R$1.00 | quarterly | |
2015-04-10 | R$1.80 | quarterly | |
2014-12-05 | R$0.58 | quarterly | |
2014-03-21 | R$0.88 | quarterly | |
2013-10-22 | R$0.92 | quarterly | |
2013-04-29 | R$0.25 | quarterly | |
2012-08-15 | R$0.37 | quarterly | |
2012-04-10 | R$0.73 | quarterly |
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
Elektro Redes Dividend FAQ
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.
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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.
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.
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.