Petroleo Brasileiro S.A. - Petrobras Dividend yield
What is the Dividend yield of Petroleo Brasileiro S.A. - Petrobras?
The Dividend yield of Petroleo Brasileiro S.A. - Petrobras is 3.93%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Energy sector on NYSE compared to Petroleo Brasileiro S.A. - Petrobras
What does Petroleo Brasileiro S.A. - Petrobras do?
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment engages in the logistic and trading of natural gas and electricity; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.
Companies with dividend yield similar to Petroleo Brasileiro S.A. - Petrobras
- Retail Opportunity Investments Corp has Dividend yield of 3.92%
- Brookfield Infrastructure has Dividend yield of 3.93%
- Pernod Ricard SA has Dividend yield of 3.93%
- Sanofi has Dividend yield of 3.93%
- Hennes & Mauritz AB has Dividend yield of 3.93%
- MERLIN Properties SOCIMI, S.A has Dividend yield of 3.93%
- Petroleo Brasileiro S.A. - Petrobras has Dividend yield of 3.93%
- Silicon Motion Technology Corp has Dividend yield of 3.93%
- Oil and Natural Gas has Dividend yield of 3.93%
- Reckitt Benckiser Plc has Dividend yield of 3.93%
- Panther Securities Plc has Dividend yield of 3.93%
- Anglo American Plc has Dividend yield of 3.94%
- Brixmor Property Inc has Dividend yield of 3.94%