Centrais Elétricas Brasileiras S.A. Preferred ADR
Price
Key statistics
- Forward rate
- $0.38
- Yield
- 3.50%
- Payout ratio
- 63.80%
- Frequency
- Semi-Annual
- 2025-12-22$0.24
Centrais Elétricas Brasileiras S.A. Preferred ADR, commonly referred to as Eletrobras Preferred ADR, represents the preferred shares of Brazil's largest utility company, Eletrobras, on the U.S. over-the-counter market. These American Depositary Receipts allow investors to invest in Brazilian utilities without concerns about currency conversion and foreign market trading. Eletrobras focuses on the generation, transmission, and distribution of electricity, serving as a backbone for Brazil’s energy infrastructure, predominantly harnessing hydropower but also incorporating other renewable sources. The preferred ADR provides investors with potentially different dividend rights compared to common shares while capitalizing on the extensive Brazilian energy sector. Eletrobras plays a pivotal role in Brazil’s push towards renewable energy, ensuring stable electric supply in one of the world’s most energy-dependent emerging markets. Through its ADRs, Eletrobras not only attracts international investment but also facilitates diversification for investors looking to tap into energy growth in the Latin American region.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- CEO
- Mr. Ivan de Souza Monteiro
- Employees
- 7,710
- Headquarters
- Rio de Janeiro, RJ, Brazil
- Website
- www.eletrobras.com