Ecopetrol S.A.
ECEnergy · Stock · quarterly payer
Forward Yield
4.04%
Annual Dividend
$0.65
Payout Ratio
43%
5-Yr Growth
-11.1%
Ex-Date
Apr 29, 2026
Frequency
Quarterly
Summary
As of July 2026, Ecopetrol S.A. (EC) yields 4.04% ($0.65 per share annually), with a blended fair-value estimate of $9.35 — -42% downside, so it screens as overvalued. Dividend safety grade: C (54/100).
Is EC a good dividend stock?
MixedEcopetrol S.A. (EC) pays a quarterly dividend yielding 4.04% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (43%)
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 4.04%
- Payout Ratio
- 43%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- -11.1%
- Ex-Dividend Date
- Apr 29, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.01
- Market Cap
- $33.0B
- P/E Ratio
- 11.4
- 5-Yr Total Return
- 15%
- 52-Week Range
- $8.27 – $17.75
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
EC Price — Last 12 Months
Daily close
Price Return
1 Year
+71%
3 Years
+38%
5 Years
+15%
52-Week Range
$8.27 – $17.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EC worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Ecopetrol S.A. is $9.35 per share, versus a market price of $16.09. That implies 42% of downside.
Fair Value
$9.35
Current Price
$16.09
Downside
-42%
Margin of Safety
-72%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $1.40 EPS, $0.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 29, 2026 | — | $0.6610 | regular |
| Apr 28, 2025 | — | $0.5060 | regular |
| Apr 3, 2025 | — | $0.4860 | regular |
| Jun 25, 2024 | — | $0.8000 | regular |
| Apr 4, 2024 | — | $0.8000 | regular |
| Dec 19, 2023 | — | $0.8280 | regular |
| Sep 26, 2023 | — | $0.8280 | regular |
| Apr 25, 2023 | — | $0.8280 | regular |
| Jun 28, 2022 | — | $0.8610 | regular |
| Apr 19, 2022 | — | $1.4910 | regular |
| Apr 20, 2021 | — | $0.0930 | regular |
| Apr 21, 2020 | — | $0.8940 | regular |
| Dec 26, 2019 | — | $0.5350 | regular |
| Apr 23, 2019 | — | $1.4440 | regular |
Income Calculator
At $0.65 / yr per share
