Companhia Paranaense de Energia - COPEL Price & Performance (ELP)

Major investors, including Walleye Capital and Russell Investments, have significantly increased their holdings in Companhia Paranaense de Energia – COPEL. This comes as the company approved a substantial dividend payout at its April 24 annual meeting, with payment scheduled for May 15. The moves signal confidence in COPEL’s market position despite sector headwinds.123

COPEL’s newly approved dividend, yielding over 7% and set for mid-May, reflects a shareholder-friendly policy but raises sustainability concerns. The payout ratio exceeds 100%, implying reliance on reserves. While the company remains profitable and operationally resilient, future dividend cuts are possible if earnings fail to keep pace.34

COPEL has confirmed its Ordinary General Meeting for April 24, with the ex-dividend date immediately following. Shareholders on record by April 24 will receive the approved dividend in May. The meeting and payout underscore the company’s ongoing commitment to return capital to investors amid robust financial performance.53