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Petrobras Approves 2024 Dividend Payments

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Petrobras Approves 2024 Dividend Payments

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An update from Petroleo Brasileiro SA- Petrobras ( (PBR) ) is now available.

On April 16, 2025, Petrobras announced the approval of shareholder remuneration for the 2024 fiscal year, totaling R$ 73.9 billion, with dividends of R$ 5.73413520 per share. The additional dividends, adjusted by the SELIC rate, will be paid in two installments in May and June 2025, impacting shareholder returns and reflecting the company’s financial health.

Spark’s Take on PBR Stock

According to Spark, TipRanks’ AI Analyst, PBR is a Neutral.

Petrobras’ overall score reflects strong profitability and an attractive valuation, supported by high dividend yield and reasonable P/E ratio. The earnings call provided positive guidance, emphasizing production expansion and financial health, despite accounting losses and market challenges. However, technical indicators suggest a bearish trend, impacting the overall score.

To see Spark’s full report on PBR stock, click here.

More about Petroleo Brasileiro SA- Petrobras

Petrobras, formally known as Petróleo Brasileiro S.A., is a Brazilian petroleum corporation primarily engaged in the oil and gas industry. The company focuses on the exploration, production, refining, and distribution of oil and gas products, serving both domestic and international markets.

YTD Price Performance: -14.88%

Average Trading Volume: 19,938,955

Technical Sentiment Signal: Hold

Current Market Cap: $71.6B

For a thorough assessment of PBR stock, go to TipRanks’ Stock Analysis page.

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