Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) posted its quarterly earnings data on Friday. The company reported $0.15 earnings per share for the quarter, Zacks reports. The firm had revenue of $1 billion during the quarter.
Companhia Paranaense de Energia Stock Up 4.3%
NYSE:ELPC traded up $0.33 during midday trading on Friday, reaching $8.03. The stock had a trading volume of 10,187 shares, compared to its average volume of 14,692. The firm has a fifty day simple moving average of $6.71 and a two-hundred day simple moving average of $6.07. Companhia Paranaense de Energia has a 12-month low of $5.04 and a 12-month high of $8.03. The stock has a market cap of $8.59 billion, a P/E ratio of 11.47 and a beta of -0.43.
Companhia Paranaense de Energia Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be given a $0.1172 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a yield of 5.5%. Companhia Paranaense de Energia's dividend payout ratio (DPR) is 32.86%.
About Companhia Paranaense de Energia
(
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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.
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