Petrobras is one of the largest companies in Brazil and is among the largest oil and gas companies in the world that had been paying top divident in the past but changed it´s dividend policy drastically not so long ago.
What is very confusing to me is how, after the dividents have been already cut, will the future look like concerning dividents? Will they stay double digit? How are your plans or expectations if you already hold the stock and how do you deal with the horrible cummunication of it´s CEO? They seemingly leave investors completely in the dark. Will they cut dividents even more to single digit?
