Power companies top dividend forecast for 2020
Over two dozen companies potentially could return fat dividends to shareholders this year. Using earnings disclosed until the third quarter, Economática found that dividend returns ranged from 2% to over 9.6%. Since Brazil's benchmark rate, Selic, currently stands at 2%, it would be an attractive yield for investors. Economática took into account companies that reported profits both in 2019 and the first nine months of 2020. Moreover, accumulated earnings until Q3 2020 had to be at least 75% of full-year profit in...
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