SmarterDividends
PBR

Petrobras (PBR) Dividend

Petróleo Brasileiro S.A. - Petrobras · Energy · Oil & Gas Integrated · quarterly payer

$19.50

Undervalued · +24% Add to Portfolio

As of Nov 5, 2026, Petrobras (PBR) pays a quarterly dividend, or $1.43 a year, a 7.29% yield at its $19.50 share price. It pays every quarter, usually in May, September and December. It has a dividend safety grade of C.

Forward Yield

7.29%

Annual Dividend

$1.43

Payout Ratio

29%

5-Yr Growth

26.1%

Ex-Date

Aug 25, 2026

Frequency

Quarterly

Key facts about PBR's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Petróleo Brasileiro S.A. - Petrobras (PBR) has a forward dividend yield of 7.29%, based on an annual dividend of $1.43 per share and a share price of $19.50.
  • As of Nov 5, 2026, PBR's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • PBR last cut its regular dividend in 2025.
  • PBR's most recent ex-dividend date was Aug 25, 2026, for a dividend of $0.53 per share.
  • As of Nov 5, 2026, PBR pays out 29% of its trailing 12-month earnings as dividends (its payout ratio).
  • PBR's dividend has grown at an average rate of 26.1% a year over the past five years.
  • As of Nov 5, 2026, PBR's 7.29% yield is 69% below its five-year average yield of 23.72%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for PBR is $24.23 per share, 24% above the $19.50 share price, so PBR screens as undervalued.
  • Petróleo Brasileiro S.A. - Petrobras (PBR) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "PBR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/PBR

Is PBR a good dividend stock?

Yes, with caveats

Petróleo Brasileiro S.A. - Petrobras (PBR) pays a quarterly dividend yielding 7.29% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (29%)
  • Strong 26.1% 5-yr dividend growth
  • 107% total price return over 5 years

Risks

  • Cut its dividend in 2025

Key Data

Dividend Yield
7.29%
Payout Ratio
29%
Annual Dividend
$1.43
5-Yr Avg Growth
26.1%
Ex-Dividend Date
Aug 25, 2026
Years of Growth
0
Frequency
quarterly
Beta
-0.23
Market Cap
$125.7B
P/E Ratio
4.9
5-Yr Total Return
107%
52-Week Range
$11.43 – $26.39
Dividend Safety
C · 60/100
Ever Cut?
Yes (2025)

PBR dividend changes

Petróleo Brasileiro S.A. - Petrobras (PBR) pays a variable dividend: across the 68 payments on record since 2001, 32 were higher than the one before and 19 lower. The latest change was up 270.6% to $0.530 per share, going ex-dividend on Aug 25, 2026.

Ex-dateChangeOld → newMove
Aug 25, 2026Higher$0.143 → $0.530+270.6%
Jun 3, 2026Higher$0.124 → $0.143+15.3%
Apr 24, 2026Lower$0.247 → $0.124−49.8%
Aug 25, 2025Lower$0.323 → $0.247−23.5%
Jun 4, 2025Higher$0.261 → $0.323+23.8%
Apr 22, 2025Lower$0.463 → $0.261−43.6%
Dec 27, 2024Higher$0.386 → $0.463+19.9%
Aug 23, 2024Higher$0.381 → $0.386+1.3%
Jun 13, 2024Lower$0.674 → $0.381−43.5%
May 3, 2024Higher$0.548 → $0.674+23.0%
Nov 22, 2023Higher$0.471 → $0.548+16.3%
Aug 22, 2023Lower$0.763 → $0.471−38.3%
Every PBR payment →Download every raise and cut (CSV)
PBR ex-dividend date & scheduleNext ex-date Aug 25, 2026 · full ex-dividend historyView →PBR dividend historyEvery payment, totals by year, raises and cutsView →PBR dividend calculator100 shares pay $143.00 a year, $35.75 each quarterCalculate →PBR total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is PBR a good dividend stock?

Yes, with caveats. Petróleo Brasileiro S.A. - Petrobras (PBR) pays a quarterly dividend yielding 7.29% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is PBR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PBR's fair value is about $24.23 versus a $19.50 share price — so it looks undervalued (+24% vs. fair value).

Is PBR's dividend safe?

PBR has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is PBR's fair value?

Our blended fair-value estimate for PBR is about $24.23 per share, roughly 24% above the current $19.50 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PBR a buy, hold, or sell?

We don't issue formal ratings, but on the data PBR screens as "yes, with caveats" and undervalued. Petróleo Brasileiro S.A. - Petrobras (PBR) pays a quarterly dividend yielding 7.29% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will PBR cut its dividend?

PBR earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PBR pay a dividend?

Yes. Petróleo Brasileiro S.A. - Petrobras pays a quarterly dividend of about $1.43 per share annually, a forward yield of roughly 7.29%.

How much dividend does 100 shares of PBR pay?

At $1.43 per share a year, 100 shares of PBR pay $143.00 a year in dividends before tax, about $35.75 each quarter. Buying them costs about $1,950 at the Nov 5, 2026 price.

What is PBR's dividend yield?

As of Nov 5, 2026, PBR's forward dividend yield is 7.29%, based on a $1.43 annual dividend and a $19.50 share price.

What is PBR's dividend per share?

As of Nov 5, 2026, PBR pays $1.43 per share per year, distributed on a quarterly basis.

What is PBR's dividend payout ratio?

As of Nov 5, 2026, PBR's payout ratio is 29% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PBR grown its dividend?

PBR does not currently have a long dividend-growth streak on record.

When is the next PBR ex-dividend date?

As of Nov 5, 2026, PBR's next ex-dividend date hasn't been announced. The most recent was Aug 25, 2026, for $0.53 per share.

PBR Dividend News

PBR
SpecialPBR·Aug 26, 2026

Petrobras Sets $0.53 Special Dividend, Up 270.6%

Petrobras’ $0.53 special dividend lifts the payment 270.6%, as strong second-quarter cash flow supports a still-variable payout profile for PBR investors.

Income Calculator

At $1.43 / yr per share

Per payment (quarterly)$35.75
Annual$143.00
Monthly avg$11.92
Full PBR dividend calculator →

Similar Dividend Stocks

XOMXOMExxonMobil Holdings Corporation2.53%24 yrCVXCVXChevron Corporation3.28%38 yrPCCYFPCCYFPetroChina Company Limited5.85%EnergySHELSHELShell plc3.07%Energy

Compare PBR

PBR vs XOMPBR vs CVXPBR vs PCCYFPBR vs SHEL

Explore more

Lists and tools related to PBR