Equatorial (EQTL3) pays R$385 million in dividends; see date

A Equatorial recorded a net profit of BRL 288 million in the first quarter of 2023 (1Q23) (Image: Reproduction / Equatorial website)

A Equatorial Energy (EQTL3) set the date for the payment of BRL 385 million approved on April 28 to July 9, 2023, shows a document sent to the market this Thursday (25).

The stock started to be traded ‘ex-dividends’ on April 28th. The price per share is R$0.35.

Equatorial profit lower than expected

A Equatorial recorded a net profit of R$ 288 million in the first quarter of 2023 (1Q23).

The number represents a drop of 57.6% compared to the company’s result in the same period of the previous year, when the Equatorial recorded earnings of R$ 679 million.

The result was also lower than expected by the market, which calculated a profit of R$ 447 million for Equatorial, according to Bloomberg’s consensus.

Source: Moneytimes

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