Companhia Energetica de Minas Gerais-Cemig ADR (CIG) Dividends
Dividend Yield and Dividend History Highlights
CIG Price Forecast Based on Dividend Discount Model
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A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for CIG, the DDM model, as implemented by StockNews, implies a positive return of 51.67% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Energy Co Of Minas Gerais are:
- In comparison to stocks we observe that provide shareholders with a dividend, Energy Co Of Minas Gerais's dividend yield of 6.54% is in the top 8.69%.
- CIG's growth rate in terms of the amount of dividends it returns to shareholders is greater than 5.97% of its fellow dividend stocks in the Utilities sector.
- Beta, a measure of volatility relative to the stock market overall, is lower for Energy Co Of Minas Gerais than it is for merely 15.28% of other dividend issuers in the Utilities sector.
CIG Dividend Chart
CIG Dividend History
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CIG Dividends vs. Peers
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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