PBR Raises Quarterly Dividend 270.63% to $0.53 Per Share

Petróleo Brasileiro S.A. - Petrobras (PBR) has announced a significant increase in its quarterly dividend. The new payment of $0.5300 per share represents a 270.63% jump from the previous $0.1430, with the ex-dividend date set for 2026-08-25.

The numbers

This raise is part of PBR's quarterly payment schedule. The company's recent payments have varied: $0.261 on 2025-04-22, $0.323 on 2025-06-04, $0.247 on 2025-08-25, $0.124 on 2026-04-24, and $0.143 on 2026-06-03. The new $0.53 payment marks a substantial step up. At the current price of $17.85, the trailing twelve-month yield is 4.47%, with a TTM dividend per share of $0.7970. Over the past five years, the dividend has grown at a compound annual rate of 57.0%, though the company has not yet achieved consecutive years of increases.

What it means for income investors

For income investors, this new quarterly rate annualizes to $2.12 per share, implying an annual yield of approximately 11.9% at the current price. On a 100-share position, the new quarterly payment would amount to $53, or $212 annually. This raise reflects a strong payout, though investors should consider the company's dividend history and the variability of recent payments when assessing sustainability.

Reporting based on: DividendSmart market data. Figures verified against market data where available.