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The latest announcement is out from Companhia Paranaense de Energia Sponsored ADR ( (ELPC) ).
On April 15, 2026, Copel’s board approved its first earnings distribution of 2026 in the form of interest on equity totaling R$706 million, based on retained earnings reported as of December 31, 2025. The payout, equivalent to R$0.23770345099 per common share before tax, underscores the utility’s capacity to return cash to shareholders following its 2025 results.
Shareholders of record on April 29, 2026, will be entitled to the distribution, with Copel’s shares trading ex-dividend from April 30, 2026, and payment scheduled for September 30, 2026. The announcement comes amid a higher Brazilian withholding tax rate on interest on equity, increased to 17.5% from January 1, 2026, which slightly reduces net receipts for investors but does not alter the company’s stated gross commitment to remuneration.
The most recent analyst rating on (ELPC) stock is a Buy with a $13.10 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Sponsored ADR stock, see the ELPC Stock Forecast page.
Spark’s Take on ELPC Stock
According to Spark, TipRanks’ AI Analyst, ELPC is a Outperform.
Overall score is driven by strong technical momentum and supportive valuation/income profile. Offsetting this is a middling financial-quality picture, where rising leverage and weak/volatile operating cash conversion temper confidence, while earnings-call guidance remains positive but acknowledges meaningful near-term cost and hydrology pressures.
To see Spark’s full report on ELPC stock, click here.
More about Companhia Paranaense de Energia Sponsored ADR
Companhia Paranaense de Energia (Copel) is a Brazilian electric utility based in Curitiba, Paraná, operating in the generation, transmission, distribution, and sale of electricity. Its shares are listed in Brazil on B3 under ticker CPLE3 and abroad via NYSE-sponsored ADRs under the symbol ELPC and on Latibex as XCOPO, giving it access to both domestic and international capital markets.
The company plays a key role in supplying energy to the state of Paraná, and its diversified presence across different power segments positions it as a major regional utility. Through its capital market listings and structured earnings distributions, Copel seeks to balance investment needs in infrastructure with recurring returns to shareholders, aligning with common practices among Latin American listed utilities.
Average Trading Volume: 360,495
Technical Sentiment Signal: Buy
Current Market Cap: $10.02B
Find detailed analytics on ELPC stock on TipRanks’ Stock Analysis page.