Sendas Distribuidora SA

NYSE ASAI

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Sendas Distribuidora SA Cash Dividend Coverage Ratio for the year ending December 31, 2023: 41.34

Sendas Distribuidora SA Cash Dividend Coverage Ratio is 41.34 for the year ending December 31, 2023, a 35.01% change year over year. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations.
  • Sendas Distribuidora SA Cash Dividend Coverage Ratio for the year ending December 31, 2022 was 30.62, a 38.50% change year over year.
  • Sendas Distribuidora SA Cash Dividend Coverage Ratio for the year ending December 31, 2021 was 22.11, a 209.06% change year over year.
  • Sendas Distribuidora SA Cash Dividend Coverage Ratio for the year ending December 31, 2020 was 7.15, a -32.29% change year over year.
  • Sendas Distribuidora SA Cash Dividend Coverage Ratio for the year ending December 31, 2019 was 10.57, a -21.36% change year over year.
NYSE: ASAI

Sendas Distribuidora SA

CEO Mr. Belmiro de Figueiredo Gomes
IPO Date March 8, 2021
Location Brazil
Headquarters Avenida Ayrton Senna, No. 6,000, Rio De Janeiro, RJ, Brazil, 22775-005
Employees 80,000
Sector Consumer Defensive
Industry Grocery stores
Description

Sendas Distribuidora S.A. engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil. The company serves restaurants, pizzerias, snack bars, schools, small businesses, religious institutions, hospitals, hotels, grocery stores, neighborhood supermarkets, and individuals. It sells its products through brick-and-mortar stores, as well as through telesales. The company was founded in 1974 and is headquartered in Rio de Janeiro, Brazil.

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StockViz Staff

September 20, 2024

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