Comp En De Mn Cemig ADS Stock Dividends Overview

CIG pays dividends quarterly. Last paid amount was $0.0234 at Jul 01, 2024. As of today, dividend yield (TTM) is 12.70%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of CIG
Powered by GPT-4o
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 12.70%
Frequency Quarterly
1Y Growth 202.46%
Payout Ratio 0
Amount Per Share $0.0234
Comp En De Mn Cemig ADS has not yet announced its next dividend date. Last payment date was: Jul 01, 2024.

CIG Dividend Payout History

To ensure a understanding of CIG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 20, 2024 Jul 01, 2024 Jul 01, 2024 $0.0234 1.32%
2 May 02, 2024 May 02, 2024 May 02, 2024 $0.0472 2.37%
3 Mar 22, 2024 Mar 28, 2024 Mar 28, 2024 $0.0299 1.57%
4 Dec 22, 2023 Dec 22, 2023 Dec 22, 2023 $0.122 7.03%
5 Sep 21, 2023 Sep 29, 2023 Mar 26, 2024 $0.0077 0.407%
6 Jun 22, 2023 Jun 30, 2023 Aug 06, 2023 $0.0410 2.18%
7 Apr 20, 2023 Apr 28, 2023 Jul 27, 2023 $0.0224 1.13%
8 Mar 23, 2023 Mar 31, 2023 Dec 13, 2017 $0.0370 3.70%
9 May 10, 2023 Dec 30, 2022 Dec 13, 2017 $0.0450 4.50%
10 May 10, 2023 Dec 23, 2022 May 10, 2023 $0.0340 1.84%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

average (41.43%)

Growth potential

Decrease likely (26.63%)

CIG Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CIG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CIG stock here.

Comparing CIG to Sector and Country

CIG pays a solid dividend yield of 12.70%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.08%). CIG’s dividend yield is higher than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.81%).

CIG Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
CIG
Comp En De Mn Cemig ADS 5.474B $0.0234 12.71% 33.07%
SWX
Southwest Gas Corporation 4.963B $0.620 3.73% 92.02%

FAQ

What factors can affect the amount of CIG's dividend payments?
The amount of CIG's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CIG sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CIG stock be automatically reinvested?
If CIG offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CIG stock.

How often does CIG pay dividend?
Comp En De Mn Cemig ADS (CIG) pays dividends quarterly. The most recent payout was on Jul 01, 2024.

How much does CIG pays per share?
The last recorder (Jul 01, 2024) dividend per share was $0.0234.

What is CIG dividend growth rate?
Over the last year, Comp En De Mn Cemig ADS has witnessed growth rate of 202.46% . Looking back over the past 3 years, this growth rate has been -38.38%. Furthermore, examining the past 5 years, Comp En De Mn Cemig ADS has maintained an average Dividends Per Share Growth Rate of -19.22%.
Click to get the best stock tips daily for free!

About Comp En De Mn Cemig ADS

Comp En De Mn Cemig ADS Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub produ... CIG Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT