Copel Board Approves R$1.35 Billion Extraordinary Dividend and Backs New Debenture Issues

Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potentialCompanhia Paranaense de Energia Pfd ( (ELP) ) just unveiled an update. At its ordinary board meeting held on December 10, 2025, Companhia Paranaense de Energia (Copel) approved the distribution of extraordinary dividends totaling R$1.35 billion from its profit reserve, to be attributed to the 2025 dividends. Shareholders of record as of December 30, 2025 will be entitled to the proceeds, with the shares trading ex-dividend from January 2, 2026 and payment to be made by June 30, 2026, reinforcing Copel’s policy of returning cash to investors while maintaining adherence to its formal dividend policy and bylaws. The board also authorized Copel to provide corporate fiduciary guarantees for the 11th issuances of simple, non-convertible debentures by its subsidiaries Copel Distribuição S.A. and Copel Geração e Transmissão S.A., including up to R$2 billion in unsecured debentures with additional fiduciary guarantees for Copel Distribuição indexed to IPCA and maturing in 12 years. These funding operations, to be publicly offered in Brazil under the automatic registration regime with firm placement, are aimed at financing or reimbursing investments in the expansion, improvement and reinforcement of electricity distribution and transmission assets, supporting Copel’s long-term infrastructure program while leveraging domestic capital markets. The most recent analyst rating on (ELP) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Pfd stock, see the ELP Stock Forecast page. Spark’s Take on ELP Stock According to Spark, TipRanks’ AI Analyst, ELP is a Outperform. Companhia Paranaense de Energia Pfd exhibits strong financial and operational performance, supported by robust technical indicators. However, concerns about increasing leverage, negative free cash flow, and challenges in generation curtailment slightly temper the overall outlook. The attractive dividend yield provides a cushion, but the valuation is not particularly compelling. To see Spark’s full report on ELP stock, click here. More about Companhia Paranaense de Energia Pfd Companhia Paranaense de Energia (Copel) is a Brazilian publicly traded electric utility based in Curitiba, Paraná, operating across generation, transmission and distribution of electric power. The company focuses on serving the state of Paraná and participating in Brazil’s regulated and capital markets, financing its investment program through a combination of retained earnings, capital markets issuances and sector-specific financing structures. Average Trading Volume: 254,415 Technical Sentiment Signal: Buy Current Market Cap: $7.17B