Petróleo Brasileiro S.A. – Petrobras (PBR) To Go Ex-Dividend on April 22nd

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBRGet Free Report) declared a — dividend on Wednesday, March 19th, Wall Street Journal reports. Stockholders of record on Tuesday, April 22nd will be given a dividend of 0.2403 per share by the oil and gas exploration company on Wednesday, May 28th. This represents a dividend yield of 19%. The ex-dividend date of this dividend is Tuesday, April 22nd.

Petróleo Brasileiro S.A. – Petrobras has increased its dividend by an average of 10.8% per year over the last three years.

Petróleo Brasileiro S.A. – Petrobras Stock Down 0.0 %

Shares of NYSE PBR opened at $14.03 on Friday. Petróleo Brasileiro S.A. – Petrobras has a 52-week low of $12.45 and a 52-week high of $17.44. The business has a 50-day moving average price of $13.78 and a 200 day moving average price of $13.97. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 0.65. The stock has a market cap of $90.38 billion, a PE ratio of 5.48, a price-to-earnings-growth ratio of 0.18 and a beta of 1.39.

Wall Street Analyst Weigh In

PBR has been the subject of several recent analyst reports. StockNews.com cut Petróleo Brasileiro S.A. – Petrobras from a “buy” rating to a “hold” rating in a report on Monday, March 3rd. Hsbc Global Res upgraded Petróleo Brasileiro S.A. – Petrobras from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. Finally, HSBC raised Petróleo Brasileiro S.A. – Petrobras from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.81.

Check Out Our Latest Stock Report on Petróleo Brasileiro S.A. – Petrobras

Petróleo Brasileiro S.A. – Petrobras Company Profile

(Get Free Report)

Petróleo Brasileiro SA – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

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Dividend History for Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR)

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