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# Petrobras: Dividend Investors Beware (Archive)
- URL: https://www.huntingalphas.com/pbr-petrobras-dividend-investors-beware-rating-downgrade-archive/
- Published: 2023-02-16T20:34:00.000Z
- Updated: 2026-02-26T15:49:46.000Z
- Description: Beware Petrobras: dividends can’t offset likely capital losses and value destruction.
- Author: Vish (Hunting Alphas)
- Tags: 5-Minute Pitches, #noindex, Archive, #sa-origin, PBR, Energy

*This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.*

## Elevator Pitch

- I double down on my bearish view on Petróleo Brasileiro S.A. as a couple of unfavorable developments have occurred.
- Falling oil prices are a powerful blow to Petrobras' only trump card.
- A new $3.2 billion liability will hit cash flows and impair dividends.
- I see at least 13% downside in Petrobras stock, if not more.
- I know Petrobras is a favorite of dividend investors; but I urge caution as total shareholder return is what matters; capital losses can erode your dividend yields.

Read the full article [here](https://seekingalpha.com/article/4588036-petrobras-dividend-investors-beware-rating-downgrade?ref=huntingalphas.com).

#### Disclosures and Disclaimers

**Past performance ≠ future results. Not investment advice. See* [**full Disclaimer*](https://www.huntingalphas.com/disclaimer/)**.*