An announcement from Companhia Paranaense de Energia Pfd ( (ELP) ) is now available.
On April 24, 2025, Companhia Paranaense de Energia (COPEL) held its Annual General Meeting where it approved an adjustment to the unit value per share of dividends, excluding treasury shares. This adjustment resulted in a higher dividend amount than previously announced. The total gross amount of dividends is set at 1,250,024,560.04 BRL, with specific amounts allocated per common and preferred shares. The record date for shareholders is April 24, 2025, and the ex-dividend date is April 25, 2025, with the payday scheduled for May 15, 2025. This adjustment reflects COPEL’s commitment to providing value to its shareholders and may positively impact its market positioning.
Spark’s Take on ELP Stock
According to Spark, TipRanks’ AI Analyst, ELP is a Outperform.
Copel demonstrates strong financial performance with consistent growth and profitability, buoyed by strategic asset optimization. Despite challenges in wind asset performance and trading, the company is attractively valued with positive market momentum, making it a strong contender in the regulated utilities sector.
To see Spark’s full report on ELP stock, click here.
More about Companhia Paranaense de Energia Pfd
Companhia Paranaense de Energia, also known as COPEL, is an energy company based in Paraná, Brazil. It operates in the energy sector, focusing on the generation, transmission, and distribution of electricity, serving both local and international markets.
YTD Price Performance: 40.55%
Average Trading Volume: 255,650
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.81B
For an in-depth examination of ELP stock, go to TipRanks’ Stock Analysis page.