BSP:TAEE3's Dividend Yield % is ranked better than 78.69% of 427
companies
in the Utilities - Regulated industry
Industry Median: 3.92
vs BSP:TAEE3: 6.41
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.
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 Yield % Historical Data
* 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 Yield % Chart
Transmissora Alianca de Energia Eletrica Annual Data
Competitive Comparison of Transmissora Alianca de Energia Eletrica's Dividend Yield %
For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Dividend Yield % falls into.
Transmissora Alianca de Energia Eletrica Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Transmissora Alianca de Energia Eletrica Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
BRL 0.221000
2024-01-04
2024-01-03
2024-01-16
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.198000
2023-11-14
2023-11-13
2023-12-15
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.303000
2023-08-08
2023-08-07
2023-08-29
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.025000
2023-05-04
2023-05-03
2023-08-29
Cash Dividend
quarterly
BRL:BRL 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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.
Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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 Yield % Related Terms
Thank you for viewing the detailed overview of Transmissora Alianca de Energia Eletrica's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Business Description
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.
Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Headlines
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