14-day Premium Trial Subscription Try For FreeTry Free

Comp En De Mn Cemig ADS Stock Dividends Overview

CIG pays dividends quarterly. Last paid amount was $0.0472 at May 02, 2024. As of today, dividend yield (TTM) is 10.12%.

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-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 10.12%
Frequency Quarterly
1Y Growth 15.19%
Payout Ratio 0
Amount Per Share $0.0472
Comp En De Mn Cemig ADS has not yet announced its next dividend date. Last payment date was: May 02, 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
41 Apr 28, 2008 Apr 28, 2008 Apr 28, 2008 $0.442 8.43%
42 Apr 27, 2007 Apr 27, 2007 Apr 27, 2007 $0.563 12.51%
43 Jul 13, 2006 Jul 13, 2006 Jul 13, 2006 $0.0085 0.244%
44 May 12, 2006 May 12, 2006 May 12, 2006 $0.0201 0.534%
45 May 02, 2006 May 02, 2006 May 02, 2006 $0.192 4.62%
46 Dec 29, 2005 Dec 29, 2005 Dec 29, 2005 $0.0603 1.86%
47 Dec 20, 2005 Dec 20, 2005 Dec 20, 2005 $0.0903 2.85%
48 Nov 04, 2005 Nov 04, 2005 Nov 04, 2005 $0.0214 0.654%
49 Jul 11, 2005 Jul 11, 2005 Jul 11, 2005 $0.0296 1.13%
50 May 02, 2005 May 02, 2005 May 02, 2005 $0.0635 2.67%

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 (41.61%)

Growth potential

Stable (14.89%)

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 10.12%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.68%). CIG’s dividend yield is higher than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.58%).

CIG Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
CIG
Comp En De Mn Cemig ADS 6.206B $0.0472 10.12% 33.07%
SWX
Southwest Gas Corporation 5.455B $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 May 02, 2024.

How much does CIG pays per share?
The last recorder (May 02, 2024) dividend per share was $0.0472.

What is CIG dividend growth rate?
Over the last year, Comp En De Mn Cemig ADS has witnessed growth rate of 15.19% . Looking back over the past 3 years, this growth rate has been -22.12%. Furthermore, examining the past 5 years, Comp En De Mn Cemig ADS has maintained an average Dividends Per Share Growth Rate of -7.03%.
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