COPEL Announces R$ 1.35 Billion Dividend Amid Novo Mercado Transition

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2025.12.10 22:22
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COPEL has announced a R$ 1.35 billion dividend distribution as part of its transition to the Novo Mercado, aimed at enhancing market positioning by consolidating its shareholder structure. This move is expected to positively impact shareholder value and market perception. The company's stock, ELP, is rated as a Buy with a $12.50 price target, despite concerns about leverage and cash flow. COPEL operates in the electricity sector in Brazil and is listed on multiple stock exchanges.