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Companhia de Saneamento de Minas Gerais Stock Dividends Overview

CSMG3.SA pays dividends quarterly. Last paid amount was R$0.791 at May 10, 2024. As of today, dividend yield (TTM) is 19.08%.

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.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 19.08%
Frequency Quarterly
1Y Growth 133.44%
Payout Ratio 0
Amount Per Share R$0.791
Next Ex-Dividend Date Dec 22, 2023
Next Payment Date Jun 28, 2024

CSMG3 Dividend Payout History

To ensure a understanding of CSMG3'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 Apr 29, 2024 Apr 29, 2024 May 10, 2024 R$0.791 4.04%
2 Mar 26, 2024 Mar 26, 2024 Dec 01, 2024 R$0.87 4.45%
3 Dec 22, 2023 Dec 22, 2023 Jun 28, 2024 R$0.242 1.23%
4 Dec 14, 2023 Dec 14, 2023 Dec 28, 2023 R$0.98 5.19%
5 Sep 22, 2023 Sep 22, 2023 Sep 22, 2023 R$0.336 2.22%
6 Jun 22, 2023 Jun 22, 2023 Jun 22, 2023 R$0.339 1.95%
7 Mar 23, 2023 Mar 23, 2023 Mar 23, 2023 R$0.99 7.80%
8 Sep 21, 2022 Sep 21, 2022 Sep 21, 2022 R$0.155 1.43%
9 Jun 22, 2022 Jun 22, 2022 Jun 22, 2022 R$0.140 1.51%
10 Mar 23, 2022 Mar 23, 2022 Mar 23, 2022 R$0.0893 0.800%

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 (65.00%)

Growth potential

Stable (16.20%)

CSMG3 Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CSMG3 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 CSMG3 stock here.

FAQ

What factors can affect the amount of CSMG3.SA's dividend payments?
The amount of CSMG3.SA'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 CSMG3.SA sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CSMG3.SA stock be automatically reinvested?
If CSMG3.SA 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 CSMG3.SA stock.

How often does CSMG3.SA pay dividend?
Companhia de Saneamento de Minas Gerais (CSMG3.SA) pays dividends quarterly. The most recent payout was on May 10, 2024. The upcoming dividend Ex Date is Dec 22, 2023, with an amount of R$0.242.

How much does CSMG3.SA pays per share?
The last recorder (Apr 29, 2024) dividend per share was R$0.791.

What is CSMG3.SA dividend growth rate?
Over the last year, Companhia de Saneamento de Minas Gerais has witnessed growth rate of 133.44% . Looking back over the past 3 years, this growth rate has been 75.85%. Furthermore, examining the past 5 years, Companhia de Saneamento de Minas Gerais has maintained an average Dividends Per Share Growth Rate of 70.27%.
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