CENTRAIS ELETRI/S (NYSE:EBR) Plans $0.02 — Dividend

CENTRAIS ELETRI/S (NYSE:EBR) announced a — dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.0203 per share by the utilities provider on Wednesday, December 18th. The ex-dividend date is Wednesday, December 11th.

Shares of EBR stock traded up $0.09 on Wednesday, hitting $8.46. 709 shares of the stock were exchanged, compared to its average volume of 342,376. 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 fifty-two week low of $5.56 and a fifty-two week high of $11.69. The business has a 50-day moving average of $8.91 and a 200 day moving average of $9.51.

Separately, ValuEngine lowered CENTRAIS ELETRI/S from a “hold” rating to a “sell” rating in a research report on Tuesday.

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, 2017, it owned and operated 44 hydroelectric plants and held interests in various other plants with a total installed capacity of 42,350 Megawatts (MW); 112 thermal plants, including coal, and oil and gas power generation units with an installed capacity of 2,646 MW; and 2 nuclear power plants with an installed capacity of 1,990 MW.

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