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Paranapanema S.A. produces and sells copper and its byproducts in Brazil and internationally. Its products include cathodes, wire rod, drawn wire, sulfuric acid, oleum, iron silicate, and anode sludge from which precious metals are extracted; and copper and bronze connections for hot and cold-water plumbing systems, as well as pipes for industrial, residential gas, and fire-fighting systems. The company also offers semi-finished products of copper and copper alloys; and copper and copper alloy laminates, wires, bars, and profiles that are used for manufacturing parts and components in automotive, electronics, apparel, hardware, bathroom fixture, stamping, machining, and other industries. In addition, it provides copper tubes for use in air conditioning systems, compressors, components, refrigeration systems, and civil construction. The company offers its products under the Caraíba, Eluma, and Paranapanema brand names. Paranapanema S.A. was founded in 1956 and is headquartered in Santo André, Brazil.

Paranapanema Dividend Announcement

• Paranapanema announced a annually dividend of R$0.09 per ordinary share which will be made payable on . Ex dividend date: 2016-05-02
• Paranapanema's trailing twelve-month (TTM) dividend yield is -%

Paranapanema Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-02R$0.09annually
2011-05-02R$0.22annually

Paranapanema Dividend per year

Paranapanema Dividend Yield

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

Paranapanema Financial Ratios

P/E ratio-0.04
PEG ratio0.00
P/B ratio-0.01
ROE35.68%
Payout ratio0.00%
Current ratio0.08
Quick ratio0.01
Cash Ratio0.00

Paranapanema Dividend FAQ

Does Paranapanema stock pay dividends?
Paranapanema does not currently pay dividends to its shareholders.
Has Paranapanema ever paid a dividend?
No, Paranapanema has no a history of paying dividends to its shareholders. Paranapanema is not known for its dividend payments.
Why doesn't Paranapanema pay dividends?
There are several potential reasons why Paranapanema 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 Paranapanema 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 Paranapanema 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 Paranapanema a dividend aristocrat?
Paranapanema 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 Paranapanema a dividend king?
Paranapanema 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 Paranapanema a dividend stock?
No, Paranapanema 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 Paranapanema stocks?
To buy Paranapanema 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 Paranapanema 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.