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Rede Energia Participacoes (BSP:REDE3) 3-Year Dividend Growth Rate : 97.00% (As of Dec. 2023)


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What is Rede Energia Participacoes 3-Year Dividend Growth Rate?

Rede Energia Participacoes's Dividends per Share for the three months ended in Dec. 2023 was R$0.22.

The historical rank and industry rank for Rede Energia Participacoes's 3-Year Dividend Growth Rate or its related term are showing as below:

BSP:REDE3' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.5   Med: 97   Max: 322
Current: 97

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rede Energia Participacoes was 322.00% per year. The lowest was 4.50% per year. And the median was 97.00% per year.

BSP:REDE3's 3-Year Dividend Growth Rate is ranked better than
97.64% of 296 companies
in the Utilities - Regulated industry
Industry Median: 5.1 vs BSP:REDE3: 97.00

During the past 12 months, Rede Energia Participacoes's average Dividends Per Share Growth Rate was 36.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 97.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 91.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Rede Energia Participacoes's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53. As of today, Rede Energia Participacoes's Dividend Yield % is 10.42%.

Warning Sign:

Rede Energia Participacoes SA stock dividend yield is close to 1-year low.

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


Competitive Comparison of Rede Energia Participacoes's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Rede Energia Participacoes's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rede Energia Participacoes's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Rede Energia Participacoes's 3-Year Dividend Growth Rate falls into.



Rede Energia Participacoes 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Rede Energia Participacoes  (BSP:REDE3) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Rede Energia Participacoes'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 )
=0.22/ 0.414
=0.53

During the past 13 years, the highest Dividend Payout Ratio of Rede Energia Participacoes was 1.49. The lowest was 0.22. And the median was 0.65.

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

Rede Energia Participacoes Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.2224092024-03-182024-03-152024-04-15Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.2198722023-11-162023-11-142023-12-05Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.1430002023-08-162023-08-152023-08-28Cash DividendquarterlyBRL: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.

Rede Energia Participacoes's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.585281/6.90
=8.48 %

Current Share Price is R$6.90.
Rede Energia Participacoes's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$0.585281.

During the past 13 years, the highest Dividend Yield of Rede Energia Participacoes was 15.31%. The lowest was 0.17%. And the median was 3.50%.

Warning Sign:

Rede Energia Participacoes SA stock dividend yield is close to 1-year low.

* 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.


Rede Energia Participacoes 3-Year Dividend Growth Rate Related Terms>


Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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