Companhia Paranaense de Energia – COPEL Declares Variable Dividend of $0.07 (NYSE:ELP)

Companhia Paranaense de Energia – COPEL (NYSE:ELP) announced a Variable dividend on Friday, September 13th, NASDAQ reports. Investors of record on Wednesday, October 2nd will be paid a dividend of 0.0705 per share by the utilities provider on Monday, December 9th. The ex-dividend date is Wednesday, October 2nd.

Companhia Paranaense de Energia – COPEL Price Performance

Shares of NYSE ELP opened at $7.44 on Tuesday. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 9.42 and a beta of 1.02. Companhia Paranaense de Energia – COPEL has a 52 week low of $6.10 and a 52 week high of $8.91. The company’s 50-day moving average price is $7.50 and its 200 day moving average price is $7.36. The company has a current ratio of 1.57, a quick ratio of 1.55 and a debt-to-equity ratio of 0.55.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last issued its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.03 EPS for the quarter. Companhia Paranaense de Energia – COPEL had a net margin of 10.87% and a return on equity of 9.07%. The firm had revenue of $1.05 billion for the quarter. As a group, research analysts forecast that Companhia Paranaense de Energia – COPEL will post 0.13 earnings per share for the current fiscal year.

About Companhia Paranaense de Energia – COPEL

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, Power Sale, and Gas segments.