Companhia Paranaense de Energia – Copel Unsponsored ADR (NYSE:ELPC) Plans $0.33 Special Dividend

Companhia Paranaense de Energia – Copel Unsponsored ADR (NYSE:ELPC) announced a special dividend on Monday, December 22nd. Stockholders of record on Monday, January 5th will be given a dividend of 0.3299 per share on Friday, July 10th. The ex-dividend date is Monday, January 5th.

Companhia Paranaense de Energia – Copel Price Performance

NYSE ELPC traded down $0.38 during trading hours on Wednesday, reaching $8.86. 9,467 shares of the company’s stock traded hands, compared to its average volume of 8,031. Companhia Paranaense de Energia – Copel has a 52-week low of $5.04 and a 52-week high of $10.51. The firm has a 50-day simple moving average of $9.73 and a 200 day simple moving average of $8.83. The firm has a market cap of $9.48 billion, a PE ratio of 17.37 and a beta of -0.02.

Companhia Paranaense de Energia – Copel (NYSE:ELPC) last released its earnings results on Wednesday, December 3rd. The company reported $0.10 EPS for the quarter. The company had revenue of $1.28 billion during the quarter.

About Companhia Paranaense de Energia – Copel

Companhia Paranaense de Energia – Copel is a Brazilian utility company primarily engaged in the generation, transmission and distribution of electricity. Established in 1954, Copel operates a diversified portfolio of power plants, with a strong emphasis on hydroelectric facilities supplemented by thermal and renewable energy sources. The company’s integrated network spans the entirety of Paraná state, delivering electricity services to residential, commercial and industrial customers through a combination of high-voltage transmission lines and local distribution networks.

In addition to its core power business, Copel has expanded into telecommunications through its Copel Telecom subsidiary.