Light (BSP:LIGT3) Forward Dividend Yield %

: 0.00% (As of Today)

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As of today (2024-04-20), the Forward Annual Dividend Yield of Light is 0.00%.

As of today (2024-04-20), the Trailing Annual Dividend Yield of Light is 0.00%.

BSP:LIGT3's Forward Dividend Yield % is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 3.485
* Ranked among companies with meaningful Forward Dividend Yield % only.

Light's Dividends per Share for the three months ended in Dec. 2023 was R$0.00.

During the past 12 months, Light's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Light was 57.60% per year. The lowest was -63.00% per year. And the median was -8.00% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison

For the Utilities - Renewable subindustry, Light's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.

Light Forward Dividend Yield % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Light's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Light's Forward Dividend Yield % falls into.

Light Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Light (BSP:LIGT3) Forward 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Light Forward Dividend Yield % Related Terms

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Light (BSP:LIGT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (BSP:LIGT3) » Definitions » Forward Dividend Yield %

Traded in Other Exchanges

LGSXY:USA

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.

Light (BSP:LIGT3) Headlines

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