Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR (SBS) Dividend Analysis

No. Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR (SBS) does not pay a dividend, and no dividend payment appears anywhere in the filing history we hold.

Through share buybacks rather than dividends. Over the last twelve months Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR reduced its share count at a rate equivalent to a 0.4% buyback yield. A buyback returns value by shrinking the share count, so each remaining share owns more of the business, but unlike a dividend it pays you nothing in cash and can be stopped at any time without an announcement.

Not currently. Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR's free cash flow is negative at -BRL 8.2 billion, meaning the business consumed cash over the period rather than generating it. A company funding a dividend from cash it is not producing would be paying shareholders out of its balance sheet or borrowings, which is not sustainable.

Our Utilities sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR.