CENTRAIS ELETRI/S Plans — Dividend of $0.01 (NYSE:EBR.B)

CENTRAIS ELETRI/S (NYSE:EBR.B) announced a — dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.0089 per share by the utilities provider on Wednesday, December 18th. The ex-dividend date of this dividend is Wednesday, December 11th.

Shares of NYSE:EBR.B traded up $0.15 during midday trading on Wednesday, reaching $8.68. The company had a trading volume of 1,610 shares, compared to its average volume of 78,244. The stock’s fifty day moving average price is $9.15 and its 200-day moving average price is $9.74. The company has a quick ratio of 1.53, a current ratio of 1.56 and a debt-to-equity ratio of 0.68. CENTRAIS ELETRI/S has a one year low of $6.61 and a one year high of $11.57.

Separately, ValuEngine raised shares of CENTRAIS ELETRI/S from a “sell” rating to a “hold” rating in a research report on Tuesday, November 19th.

About CENTRAIS ELETRI/S

Centrais Elétricas Brasileiras SA – Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through thermal, nuclear, wind, and hydroelectric plants. As of December 31, 2018, it owned and operated 32 hydroelectric plants with a total installed capacity of 44,221.05 megawatts; 105 thermal plants, including coal, and oil and gas power generation units with a total installed capacity of 2,403 megawatts; and 2 nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II an installed capacity of 1,350 megawatts.

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