Petróleo Brasileiro S.A. - Petrobras
PBR-AEnergy · Stock · monthly payer
Forward Yield
11.02%
Annual Dividend
$1.76
Payout Ratio
42%
5-Yr Growth
—
Ex-Date
Jun 3, 2026
Frequency
Monthly
Summary
As of July 2026, Petróleo Brasileiro S.A. - Petrobras (PBR-A) yields 11.02% ($1.76 per share annually), with a blended fair-value estimate of $24.43 — +53% upside, so it screens as undervalued. Dividend safety grade: C (59/100).
Is PBR-A a good dividend stock?
Yes, with caveatsPetróleo Brasileiro S.A. - Petrobras (PBR-A) pays a monthly dividend yielding 11.02% ($1.76/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (42%)
- 52% total price return over 5 years
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 11.02%
- Payout Ratio
- 42%
- Annual Dividend
- $1.76
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 3, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- -0.14
- Market Cap
- $109.5B
- P/E Ratio
- 5.1
- 5-Yr Total Return
- 52%
- 52-Week Range
- $10.76 – $20.05
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
PBR-A Price — Last 12 Months
Daily close
Price Return
1 Year
+39%
3 Years
+24%
5 Years
+52%
52-Week Range
$10.76 – $20.05
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PBR-A worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Petróleo Brasileiro S.A. - Petrobras is $24.43 per share, versus a market price of $16.00. That implies 53% of upside — a margin of safety of about 35%.
Fair Value
$24.43
Current Price
$16.00
Upside
+53%
Margin of Safety
35%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.1% annual free-cash-flow growth. We model 0.1% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 0.1% stage-1 growth, 2.5% terminal growth, $3.14 EPS, $1.76 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PBR-A Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 3, 2026 | — | $0.1430 | regular |
| Apr 24, 2026 | — | $0.1240 | regular |
| Jun 4, 2025 | — | $0.3230 | regular |
| Apr 22, 2025 | — | $0.2680 | regular |
| Dec 27, 2024 | — | $0.4730 | regular |
| Dec 13, 2024 | — | $0.5030 | regular |
| Aug 23, 2024 | — | $0.3860 | regular |
| Jun 13, 2024 | — | $0.3810 | regular |
| May 3, 2024 | — | $0.6740 | regular |
| Apr 26, 2024 | — | $0.4360 | regular |
| Nov 22, 2023 | — | $0.5500 | regular |
| Aug 22, 2023 | — | $0.4670 | regular |
| Jun 13, 2023 | — | $0.7700 | regular |
| Apr 28, 2023 | — | $1.1920 | regular |
Income Calculator
At $1.76 / yr per share
