How Much Will Petrobras (PETR4) Shareholders Receive in Dividends This Last Quarter?

Written by Paulo Nogueira

Published on 31/10/2023 at 05:32

Be the first to react!

The Generous Dividends of Petrobras (PETR4) Are One of the Main Attractions for Investors Betting on the Stock. With the Release of Results Impending, Scheduled for the 9th of

According to BB Investimentos, the volume of dividends seems to maintain an attractive yield to reward investors. The company estimates a distribution of 41.4% of net income in 2024, considering the current distribution formula of 45% of free cash flow (FCF). This should result in a distribution of R$ 3.84 per share for 2023 (yield of 10%) and R$ 3.97 per share for 2024 (yield of 10.4%).

Meanwhile, Itaú BBA estimates that Petrobras will deliver an Ebitda of US$ 13.7 billion and dividends of US$ 3.3 billion (3.4% dividend yield), supported by continuously strong refining margins and a quarterly increase in oil exports. The expectation is that the company will pay another hefty sum to investors.

Petrobras is known for its hefty dividends, making it one of the main options for those seeking attractive returns. Despite the recent proposed changes to the bylaws, the company continues to attract investors due to its financial robustness and ability to keep paying strong dividends.

ARTICLE CONTINUES BELOW

See also

The statutory reserve can also be used for share buybacks, which elevates returns for shareholders. It’s worth noting that Petrobras reported it produced 2.8 million barrels of oil equivalent per day in the third quarter of 2023, an 8.8% increase compared to the same period last year.

In the case of BTG Pactual, the bank estimates net revenues of US$ 26 billion, Ebitda of US$ 13.9 billion, and net income of US$ 4.9 billion in the third quarter. These figures are expected to result in dividend payments of US$ 3.5 billion, representing a yield of 3.6%.

Given these projections and the fundamentals of the companies, many investors are wondering whether it is time to buy or sell Petrobras shares. The answer may vary according to each investor’s strategy and individual analysis of each company.

It is important to consider that investing in companies that pay dividends can be a way to achieve attractive long-term returns. However, it is necessary to evaluate the company’s performance, its history of dividend payments, and its ability to generate profit and distribute earnings to shareholders.

In the oil market, it is essential to keep track of industry trends and outlooks, such as oil prices, global demand, and government policies related to energy. These factors can influence the performance of companies in the sector and, consequently, their dividends.

In summary, Petrobras and other companies in the oil and gas sector have reported good results and distributed attractive dividends. However, it is important to carefully analyze each company and consider external factors that may affect its performance. The decision to buy or sell shares should be based on a thorough analysis aligned with each investor’s goals and profile.

How Much Will Petrobras (PETR4) Shareholders Receive in Dividends This Last Quarter?

The Generous Dividends of Petrobras (PETR4) Are One of the Main Attractions for Investors Betting on the Stock. With the Release of Results Impending, Scheduled for the 9th of

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Imagine raising tons of fish in the middle of the sea using only a cell phone. This is what’s happening in Fuzhou, China, where zero-carbon smart platforms already produce more than 2,200 tons of seafood per year and are expected to reach 15 units.

Federal state-owned companies accumulate a record deficit of R$ 5.9 billion in just 4 months, the worst result for the period since 2002, while Correios faces a loss of R$ 8.5 billion and financial restructuring.

In 2026, Brazil became the number one destination for Chinese capital abroad, with 52 megaprojects totaling 6.1 billion dollars in mining, railways, energy, and ports, in a silent advance that could compromise national logistics corridors.

Selling cooking gas in smaller portions and refilling cylinders of any brand are proposals under review by the ANP that divide the sector, with resellers promising cheaper prices for consumers and the Ministry of Mines and Energy warning of risks of fraud and infiltration of factions in the market.

22-carat gold may be hidden in household items treated as scrap, while Swiss scientists use whey to recover the precious metal and pave the way for new sustainable urban mining.

How Much Will Petrobras (PETR4) Shareholders Receive in Dividends This Last Quarter?

The Generous Dividends of Petrobras (PETR4) Are One of the Main Attractions for Investors Betting on the Stock. With the Release of Results Impending, Scheduled for the 9th of

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Federal state-owned companies accumulate a record deficit of R$ 5.9 billion in just 4 months, the worst result for the period since 2002, while Correios faces a loss of R$ 8.5 billion and financial restructuring.

In 2026, Brazil became the number one destination for Chinese capital abroad, with 52 megaprojects totaling 6.1 billion dollars in mining, railways, energy, and ports, in a silent advance that could compromise national logistics corridors.

Selling cooking gas in smaller portions and refilling cylinders of any brand are proposals under review by the ANP that divide the sector, with resellers promising cheaper prices for consumers and the Ministry of Mines and Energy warning of risks of fraud and infiltration of factions in the market.

The Porto Belo City Council, in Santa Catarina, purchased 11 luxury iPhones at R$ 11,299 each for the councilors and justifies the R$ 124,000 expense as part of a project to eliminate paper, in a spending that draws attention because the same device is sold for around R$ 9,000 in stores.

Operation against irregular products seizes more than 82 thousand kilos linked to roasted coffee and shuts down 19 establishments in six states and the Federal District.

Imagine raising tons of fish in the middle of the sea using only a cell phone. This is what’s happening in Fuzhou, China, where zero-carbon smart platforms already produce more than 2,200 tons of seafood per year and are expected to reach 15 units.

Federal state-owned companies accumulate a record deficit of R$ 5.9 billion in just 4 months, the worst result for the period since 2002, while Correios faces a loss of R$ 8.5 billion and financial restructuring.

In 2026, Brazil became the number one destination for Chinese capital abroad, with 52 megaprojects totaling 6.1 billion dollars in mining, railways, energy, and ports, in a silent advance that could compromise national logistics corridors.

Selling cooking gas in smaller portions and refilling cylinders of any brand are proposals under review by the ANP that divide the sector, with resellers promising cheaper prices for consumers and the Ministry of Mines and Energy warning of risks of fraud and infiltration of factions in the market.

22-carat gold may be hidden in household items treated as scrap, while Swiss scientists use whey to recover the precious metal and pave the way for new sustainable urban mining.