IBOV 183,476.86 ▼ 0.27% IPSA 11,255.90 ▼ 0.39% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL5.19▼ 0.12% USD/MXN17.68▼ 0.27% USD/CLP960.63▼ 0.27% USD/COP3,293▲ 0.20% USD/PEN3.39▼ 0.67% USD/ARS1,525▲ 0.30% USD/UYU40.21▲ 3.50% USD/PYG5,870▲ 2.23% USD/BOB12.17▲ 2.05% USD/DOP59.35▲ 0.25% USD/CRC450.87▲ 2.53% USD/GTQ7.64▲ 3.22% USD/HNL26.85▲ 0.31% USD/NIO36.62▲ 2.66% USD/VES853.52▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.72% EUR/BRL5.91▲ 0.63% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 183,476.86 ▼ 0.27% IPSA 11,255.90 ▼ 0.39% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Saturday, September 26, 2026

Earnings Brazil

CPFL Energia Sets R$250 Million Dividend For 21 August; Q2 Results Due 13 August

CPFL Energia pays R$250m on 21 August, the third instalment of a R$4.299bn dividend approved in April. Q2 2026 results are due on 13 August.

By Juan Martinez · August 8, 2026 · 4 min read

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CPFL-Energía

Markets · Brazil

Editor’s note, 9 August 2026. An earlier version reported second-quarter 2026 net profit, revenue and sales volumes for CPFL Energia. The company had not published second-quarter results — it reports on 13 August 2026 — and those figures did not come from a CPFL release. The article has been rewritten around the dividend, which is documented: approved on 29 April and released in instalments, of which three have so far been scheduled: May, June and August. We apologise for the error.

Key Facts

—Third instalment set CPFL Energia announced on 5 August that it will pay R$250 million, R$0.216965968 a share, on 21 August 2026.

—The package The annual general meeting of 29 April 2026 approved R$4.299 billion, about US$846 million, or R$3.7315 a share. Record date 29 April, ex-dividend from 30 April.

—Paid so far R$1.3 billion on 18 May and R$150 million on 18 June, together about US$285 million.

—Still outstanding After the August payment, roughly R$2.6 billion of the package remains, due before 31 December 2026.

—Results still to come CPFL Energia (CPFE3) reports second-quarter 2026 figures after the close on 13 August 2026.

—Exchange rate Converted at R$5.0826 to the US dollar, the close on 7 August 2026.

CPFL Energia has set a date for the third slice of one of the largest dividend packages in its listed history. R$250 million — R$0.216965968 a share, roughly US$49 million — will be paid on 21 August 2026, the company said on 5 August.

CPFL Energia dividend instalments: the Brazilian utility controlled by State Grid Corporation of China
CPFL Energia.
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Where the money has gone

The package was approved at the annual general meeting on 29 April 2026: R$4.299 billion in total, about US$846 million, or R$3.7315 for every share. The record date was 29 April and the shares traded ex-dividend from 30 April.

It is being released in instalments. R$1.3 billion, R$1.128223034 a share, went out on 18 May. A smaller tranche of R$150 million, R$0.130179581 a share, followed on 18 June. The R$250 million now scheduled for 21 August is the third. Together the three come to about R$1.7 billion, leaving roughly R$2.6 billion of the package still to be distributed before the end of the year.

For a regulated distributor the pattern is ordinary. Cash arrives steadily through the year and is released against a schedule agreed once, which is much of why pension funds and income investors hold these names.

Why this article does not carry second-quarter figures

CPFL Energia had not reported its second quarter when this article first appeared. The company files after the close on 13 August 2026. Any second-quarter profit, revenue or volume figure circulating before that date is an estimate, not a reported number.

On the record are the quarters either side. CPFL posted net profit of R$1.9 billion in the first quarter of 2026, up 18.2 percent year on year. In the second quarter of 2025 it earned R$1.18 billion, up 7.8 percent. Those are the reference points until the filing.

Live Company IntelligenceCPFL Energia S.A — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
CPFL Energia
SA: CPFE3CPFE3UtilitiesUtilities – Regulated Electric
R$51.25B
Market cap

Valuation & profitability

Market capR$51.25B
Revenue (TTM)R$45.61B
P / E ratio8.5
Profit margin13.2%
Return on equity27.3%

Price & risk

52-wk low
$34.98
52-wk high
$53.07
Beta (volatility)0.10
200-day average$47.94

Revenue trend · 6y

20202025
Latest R$44.37B

Ownership

Institutions9.1%
Shares outstanding1.15B

Dividend

Yield8.3%
Payout ratio71.7%
Fwd. annual$3.73
What CPFL Energia does. CPFL Energia S.A., through its subsidiaries, operates as an energy company in Brazil. It operates through Distribution, Generation, Transmission, Commercialization, and Services segments. The company generates electricity through hydroelectric, solar, wind, and biomass sources. It also engages in operation and maintenance of electric energy transmission facilities; and commercialization of electricity. As of…
Data: RT fundamentals (CPFE3.SA) · figures in BRL · as of 26 Sep 2026More company intelligence →

The company behind the payout

CPFL Energia distributes electricity to more than ten million customers across São Paulo, Rio Grande do Sul, Paraná and Minas Gerais, and also holds generation and transmission assets. State Grid Corporation of China has held the controlling stake since 2017.

What to watch on 13 August

  • Distribution volumes. Brazilian power demand has been running warm; whether that held through the second quarter is the first line to check.
  • Tariff adjustments. The annual reviews at CPFL’s distribution units feed straight into revenue.
  • The remaining balance. Whether the board schedules any of the outstanding R$2.6 billion alongside the results.
  • Curtailment costs. Grid constraints on wind and solar have been eating into generators’ margins across the sector.

Frequently Asked Questions

How much is CPFL Energia paying on 21 August 2026?

R$250 million, or R$0.216965968 a share — about US$49 million. The company announced it on 5 August 2026.

How large is the full dividend package?

R$4.299 billion, about US$846 million, or R$3.7315 a share, approved at the annual general meeting on 29 April 2026. Roughly R$2.6 billion of it remains outstanding after the August payment.

When does CPFL Energia report its second-quarter results?

After the close on 13 August 2026.

Who controls CPFL Energia?

State Grid Corporation of China, which has held the controlling stake since 2017.

Sources: CPFL Energia investor relations · ADVFN, third instalment · ADVFN, second instalment · Finance News, AGM approval · InfoMoney, first-quarter results

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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Yesterday’s subject line: “The US Army is quietly planning for Cuba”

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