Eletromidia S.A. operates as an out-of-home advertising company in Brazil. It operates a network of digital and static faces located in transport areas and airports, residential and commercial buildings, shopping malls, and urban furniture markets. The company was founded in 1993 and is headquartered in São Paulo, Brazil. Eletromidia S.A. is a subsidiary of Cosme Velho Participações S.A.
Eletromidia Dividend Announcement
• Eletromidia announced a annually dividend of R$0.09 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-04-29
• Eletromidia annual dividend for 2024 was R$0.09
• Eletromidia's trailing twelve-month (TTM) dividend yield is 0.47%
• Eletromidia's payout ratio for the trailing twelve months (TTM) is 12.62%
Eletromidia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | R$0.09 | annually | 2024-05-24 |
Eletromidia Dividend per year
Eletromidia Dividend Yield
Eletromidia current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Eletromidia stock? Use our calculator to estimate your expected dividend yield:
Eletromidia Financial Ratios
Eletromidia Dividend FAQ
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.
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