Companhia Paranaense de Energia (NYSE:ELPC) Posts Quarterly Earnings Results

Companhia Paranaense de Energia (NYSE:ELPC) posted its quarterly earnings data on Friday. The company reported $0.15 EPS for the quarter, Zacks reports.

Companhia Paranaense de Energia Stock Up 0.3 %

Shares of NYSE ELPC opened at $7.44 on Friday. The stock has a market capitalization of $7.96 billion, a P/E ratio of 10.63 and a beta of -0.43. The firm’s 50-day moving average price is $6.67 and its two-hundred day moving average price is $6.05. Companhia Paranaense de Energia has a 52-week low of $5.04 and a 52-week high of $7.75.

Companhia Paranaense de Energia Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be paid a $0.1172 dividend. The ex-dividend date is Monday, April 28th. This represents a dividend yield of 5.5%. Companhia Paranaense de Energia’s dividend payout ratio (DPR) is presently 32.86%.

About Companhia Paranaense de Energia

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.