Companhia Paranaense de Energia (ELP) reported a profit of $98.4 million for its fourth quarter of 2024. The net income per share was 3 cents.
The company posted revenue of $1.03 billion for the period. Alongside its financial results, Copel proposed BRL 2.3 billion in total dividends for the full year 2024.
This dividend proposal represents an 86% payout and an approximate 8.4% dividend yield for 2024. However, the company noted challenges in wind energy performance, with curtailment affecting wind power generation at 13.1% in Q4 2024.
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