Brazilian Power Utility Copel Triples Its Dividend Floor After Privatization

Brazil · Energy & Finance Key Facts —Dividend floor tripled Copel’s new minimum payout of 75% of net income is a threefold increase from the prior statutory floor of 25%, directly raising income potential for shareholders. —Higher leverage ceiling The company raised its optimal leverage target to 2.8x net debt/EBITDA, giving it more room to…