Companhia Energetica de Minas Gerais-Cemig ADR (CIG) Dividends
Dividend Yield and Dividend History Highlights
CIG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $1.90 | $7.95 | 151.68% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of CIG, the dividend discount model StockNews created for the company implies a positive return of 151.68%. To help understand and contextualize the model's evaluation of CIG, investors may wish to consider are:
- Beta, a measure of volatility relative to the stock market overall, is lower for Energy Co Of Minas Gerais than it is for merely 16.44% of other dividend issuers in the Utilities sector.
- In comparison to other stocks in the mid-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 79.08% of companies in the same revenue class.
- Based on dividend growth rate, Energy Co Of Minas Gerais has been increasing its dividends at a faster rate than merely 13.29% of US-listed dividend-issuing stocks we observed.
CIG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-30 | Dividend | $0.03 | -70.45% |
| 2024-08-26 | Dividend | $0.09 | +282.61% |
| 2024-07-01 | Dividend | $0.02 | +550.00% |
| 2024-05-24 | Split | 13-10-for-1 Stock Split | N/A |
| 2024-05-02 | Dividend | $0.04 | +20.00% |
| 2024-03-28 | Dividend | $0.03 | -63.86% |
| 2023-12-22 | Dividend | $0.08 | +151.52% |
| 2023-09-29 | Dividend | $0.03 | -5.71% |
| 2023-06-30 | Dividend | $0.04 | +59.09% |
| 2023-04-28 | Dividend | $0.02 | -29.03% |
| 2023-03-31 | Dividend | $0.03 | -20.51% |
| 2022-12-30 | Dividend | $0.04 | +34.48% |
| 2022-12-23 | Dividend | $0.03 | -17.14% |
| 2022-09-30 | Dividend | $0.04 | +550.00% |
| 2022-05-19 | Split | 13-10-for-1 Stock Split | N/A |
| 2022-05-02 | Dividend | $0.08 | +223.08% |
| 2022-04-01 | Dividend | $0.03 | -69.41% |
| 2021-12-22 | Dividend | $0.09 | -22.73% |
| 2021-05-03 | Dividend | $0.11 | +816.67% |
| 2020-10-02 | Dividend | $0.01 | -68.42% |
| 2020-08-13 | Dividend | $0.04 | -33.33% |
| 2020-01-03 | Dividend | $0.06 | -39.36% |
| 2019-05-06 | Dividend | $0.09 | +193.75% |
| 2018-12-28 | Dividend | $0.03 | -75.38% |
| 2018-05-02 | Dividend | $0.13 | +68.83% |
| 2016-05-02 | Dividend | $0.08 | +126.47% |
| 2016-01-04 | Dividend | $0.03 | -77.65% |
| 2015-05-04 | Dividend | $0.15 | +123.35% |
| 2015-01-06 | Dividend | $0.07 | -80.06% |
| 2014-11-13 | Dividend | $0.34 | -44.17% |
| 2014-07-08 | Dividend | $0.61 | +52.56% |
| 2014-05-02 | Dividend | $0.40 | +3,378.26% |
| 2014-01-13 | Split | 20-16-for-1 Stock Split | N/A |
| 2013-12-12 | Dividend | $0.23 | -62.57% |
| 2013-05-02 | Dividend | $0.63 | -66.32% |
| 2012-12-27 | Dividend | $1.86 | +830.00% |
| 2012-05-14 | Split | 5-4-for-1 Stock Split | N/A |
| 2012-04-30 | Dividend | $1.00 | +48.21% |
| 2011-12-21 | Dividend | $0.68 | -38.59% |
| 2011-05-02 | Dividend | $1.10 | +42.98% |
| 2010-12-21 | Dividend | $0.77 | -0.90% |
| 2010-04-30 | Dividend | $0.78 | +473.53% |
| 2009-05-14 | Split | 5-4-for-1 Stock Split | N/A |
| 2009-04-30 | Dividend | $0.68 | -32.99% |
| 2008-04-28 | Dividend | $1.02 | -44.72% |
| 2007-06-12 | Split | 2-1-for-1 Stock Split | N/A% |
| 2007-05-08 | Split | 3-2-for-1 Stock Split | N/A |
| 2007-04-27 | Dividend | $3.69 | +1,602.73% |
| 2006-07-13 | Dividend | $0.22 | -56.60% |
| 2006-05-12 | Dividend | $0.50 | -62.43% |
| 2006-05-02 | Dividend | $1.33 | +218.65% |
| 2005-12-29 | Dividend | $0.42 | -83.34% |
| 2005-12-20 | Dividend | $2.50 | +374.52% |
| 2005-11-04 | Dividend | $0.53 | -29.67% |
| 2005-07-11 | Dividend | $0.75 | +70.64% |
| 2005-05-02 | Dividend | $0.44 | +379.89% |
| 2005-01-06 | Dividend | $0.09 | -76.34% |
| 2004-12-08 | Dividend | $0.39 | +81.55% |
| 2004-09-15 | Dividend | $0.21 | -45.33% |
| 2004-06-08 | Dividend | $0.39 | +163.24% |
| 2004-05-07 | Dividend | $0.15 | -30.65% |
| 2004-01-05 | Dividend | $0.21 | -32.58% |
| 2003-12-05 | Dividend | $0.32 | +78.91% |
| 2002-12-24 | Dividend | $0.18 | -40.07% |
| 2002-05-21 | Dividend | $0.30 | +4.87% |
| 2002-01-09 | Dividend | $0.28 | +4.88% |
| 2000-07-10 | Dividend | $0.27 | +7.53% |
| 2000-04-20 | Dividend | $0.25 | -52.53% |
| 1999-12-22 | Dividend | $0.53 | +89.82% |
| 1999-04-29 | Dividend | $0.28 | -34.44% |
| 1998-12-24 | Dividend | $0.42 | +14.78% |
| 1998-10-29 | Dividend | $0.37 | -36.85% |
| 1998-09-01 | Dividend | $0.58 | -- |
CIG Dividends vs. Peers
CIG's dividend yield currently ranks #14 of 69 vs. its peers in the Utilities - Foreign category.
Looking for More Information on CIG dividends?
Here are a few links from around the web to help you further your research on Energy Co Of Minas Gerais and its dividends:Energy Co Of Minas Gerais Common Stock (CIG) Dividend History | Nasdaq
Dividend History for Energy Co Of Minas Gerais (CIG) - Dividend Investor
Energy Co Of Minas Gerais (CIG) Dividend History - Seeking Alpha