Previous close | 43.75 |
Open | 0.00 |
Bid | 44.25 x 0 |
Ask | 44.56 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 14,295,740 |
Market cap | 561.912B |
Beta (5Y monthly) | 1.00 |
PE ratio (TTM) | 4.80 |
EPS (TTM) | 9.27 |
Earnings date | N/A |
Forward dividend & yield | 5.42 (12.16%) |
Ex-dividend date | 03 May 2024 |
1y target est | 43.28 |
Petrobras (PBR) concluded the recent trading session at $17.33, signifying a +1.64% move from its prior day's close.
(Bloomberg) -- A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest
Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld in March, easing investor concerns about the destination of those funds. Petrobras is set to dole out about 22 billion reais ($4.26 billion) relative to its 2023 results, while the remaining 50% will be kept in a fund for future disbursement, which the government signaled could happen by the end of this year. The vote settled a matter that rocked the oil giant since its government-controlled board decided to withhold the extra dividends on March 7, which surprised markets and sent Petrobras' shares tumbling the following day.