Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Dividend Payout Ratio : 0.74 (As of Dec. 2023)

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What is Transmissora Alianca de Energia Eletrica Dividend Payout Ratio?

Transmissora Alianca de Energia Eletrica's dividend payout ratio for the months ended in Dec. 2023 was 0.74.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Transmissora Alianca de Energia Eletrica SA is 0.89, which seems too high.

The historical rank and industry rank for Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio or its related term are showing as below:

BSP:TAEE4' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.74 Max: 1.07
Current: 0.89

During the past 13 years, the highest Dividend Payout Ratio of Transmissora Alianca de Energia Eletrica was 1.07. The lowest was 0.47. And the median was 0.74.

BSP:TAEE4's Dividend Payout Ratio is ranked worse than
84.7% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs BSP:TAEE4: 0.89

As of today (2024-04-28), the Dividend Yield % of Transmissora Alianca de Energia Eletrica is 6.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Transmissora Alianca de Energia Eletrica was 12.90%. The lowest was 4.12%. And the median was 7.90%.

Transmissora Alianca de Energia Eletrica's Dividends per Share for the months ended in Dec. 2023 was R$0.42.

During the past 12 months, Transmissora Alianca de Energia Eletrica's average Dividends Per Share Growth Rate was 26.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Transmissora Alianca de Energia Eletrica was 59.80% per year. The lowest was -7.90% per year. And the median was 11.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Transmissora Alianca de Energia Eletrica Dividend Payout Ratio Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Transmissora Alianca de Energia Eletrica Dividend Payout Ratio Chart

Transmissora Alianca de Energia Eletrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.66

0.47

0.73

0.67

0.90

Transmissora Alianca de Energia Eletrica Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															3.04	1.29	0.14	1.23	0.74

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio falls into.

Transmissora Alianca de Energia Eletrica Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.192	/	1.324
	=	0.90

Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.419	/	0.564
	=	0.74

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Transmissora Alianca de Energia Eletrica Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Transmissora Alianca de Energia Eletrica's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE4) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

TAEE3:Brazil TAEE11:Brazil

Address

Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010

Website

https://www.taesa.com.br

Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

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