Comp En De Mn Cemig ADS Stock Dividends
CIG pays dividends quarterly. Last paid amount was $0.0299 at Mar 28, 2024. As of today, dividend yield (TTM) is 8.29%.
Dividend Yield Range
AI Analysis of CIG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 8.29% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -27.01% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0299 |
| Next Ex-Dividend Date | May 02, 2024 |
| Next Payment Date | May 02, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from CIG the purchase should be done within the next 1 days.
Here's a simple guide on how to buy CIG stock.
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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 02, 2024 | $0.0472 | 1.93% |
| 2 | Mar 22, 2024 | Mar 28, 2024 | Mar 28, 2024 | $0.0299 | 1.21% |
| 3 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.122 | 5.40% |
| 4 | Jun 22, 2023 | Jun 30, 2023 | Aug 06, 2023 | $0.0410 | 1.68% |
| 5 | Apr 20, 2023 | Apr 28, 2023 | Jul 27, 2023 | $0.0224 | 0.87% |
| 6 | Mar 23, 2023 | Mar 31, 2023 | Dec 13, 2017 | $0.0370 | 2.82% |
| 7 | May 10, 2023 | Dec 30, 2022 | Dec 13, 2017 | $0.0450 | 3.44% |
| 8 | May 10, 2023 | Dec 23, 2022 | May 10, 2023 | $0.0340 | 1.41% |
| 9 | Sep 30, 2022 | Sep 30, 2022 | Sep 30, 2022 | $0.0410 | 2.03% |
| 10 | Jun 17, 2022 | Jun 27, 2022 | Jun 27, 2022 | $0.0310 | 1.48% |
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
Growth potential
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 8.29%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.74%). CIG’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.46%), which means that there are more attractive dividend stocks to consider.
CIG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Comp En De Mn Cemig ADS | 5.706B | $0.0299 | 8.29% | 47.44% | |
| Southwest Gas Corporation | 5.441B | $0.620 | 3.91% | 115.70% |
