Companhia Energetica de Minas Gerais-Cemig ADR (CIG) Dividends

Companhia Energetica de Minas Gerais-Cemig ADR (CIG): $2.55

-0.02 (-0.78%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, CIG's growth rate has been -0.4% over the past 4 years.
  • As for stocks whose price is uncorrelated with CIG's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: DHR, COR, DHT, ARTW and MELI.
CIG Ex-Dividend Date
CIG Dividend Yield
6.61%
CIG Annual Dividend
$0.17
CIG Payout Ratio

CIG Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$2.55$3.94 51.67%

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

Ex-Dividend Date Type Payout Amount Change
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CIG Dividends vs. Peers

CIG's dividend yield currently ranks #6 of 69 vs. its peers in the Utilities - Foreign category.
Rank Symbol Name Dividend Yield
1 EOCC Enel Generacion Chile S.A. American Depositary Shares (Each representing 30 shares of ) 11.03%
2 ENGGY Enagás, S.A. 7.79%
3 NGG National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares 6.81%
4 ENIC Enel Chile S.A. American Depositary Shares (Each representing 50 shares of ) 6.69%
5 SSEZY SSE plc 6.65%
6 CIG Companhia Energetica de Minas Gerais-Cemig ADR 6.59%
7 RDEIY Red Electrica Corporacion S.A. 6.02%
8 EBR Centrais Eletricas Brasileiras S/A ADR 5.65%
9 UUGRY United Utilities Group PLC 5.19%
10 KEP Korea Electric Power Corporation 5.05%
11 HNP Huaneng Power Intl 4.95%
12 EGIEY Engie Brasil Energia S.A. 4.45%
13 KEN Kenon Holdings Ltd. Ordinary Shares 4.43%
14 AQN Algonquin Power & Utilities Corp. Common Shares 4.37%
15 ENIA Enel Americas S.A. American Depositary Shares 4.29%
16 TNABY Tenaga Nasional Berhad 3.82%
17 INGXF Innergex Renewable Energy Inc. 3.63%
18 TEZNY Terna - Rete Elettrica Nazionale SpA 3.60%
19 FTS Fortis Inc. Common Shares 3.42%
20 EONGY E.ON SE 3.20%
21 EDPFY EDP - Energias de Portugal, S.A. 3.05%
22 CLPHY CLP Holdings Limited 3.01%
23 ENLAY Enel SpA 2.89%
24 HGKGY Power Assets Holdings Limited 2.67%
25 EOCA Endesa Americas S.A. American D 2.36%
26 RWEOY RWE AG ADR 1.89%
27 VEOEY Veolia Environnement 1.86%
28 TAC TransAlta Corporation Ordinary Shares 1.38%
29 IBDRY Iberdrola, S.A. 1.37%
30 HOKCY The Hong Kong and China Gas Company Limited 1.28%
31 CPL CPFL Energia S.A. CPFL Energia S.A. American Depositary Shares 1.27%
32 ECIFY Electricité de France S.A. 1.20%
33 ELP Companhia Paranaense de Energia (COPEL) 1.10%
34 SBS Companhia de Saneamento Basico do Estado de Sao Paulo ADR 0.90%
35 JE Just Energy Group, Inc. Ordinary Shares (Canada) 0.00%
36 ENGIY ENGIE SA 0.00%
37 WAVE Eco Wave Power Global AB (publ) 0.00%
38 RNW ReNew Energy Global plc 0.00%
39 EDN Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares 0.00%
40 CPYYY Centrica plc 0.00%
41 GAU Naturgy Energy Group, S.A. 0.00%
42 HTOO Fusion Fuel Green PLC 0.00%
43 PAM Pampa Energia S.A. Pampa Energia S.A. 0.00%
44 CEPU Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) 0.00%
45 HEOFF H2O Innovation Inc. 0.00%
46 BRLXF Boralex Inc. 0.00%
47 RSHYY RusHydro PJSC 0.00%
48 HRNNF Hydro One Limited 0.00%
49 EMRAF Emera Incorporated 0.00%
50 STRNY Severn Trent Plc 0.00%
51 CDUAF Canadian Utilities Limited 0.00%
52 SZSAY Suez 0.00%
53 CGKEY The Chugoku Electric Power Co., Inc. 0.00%
54 TRSWF TransAlta Renewables Inc. 0.00%
55 FOJCY Fortum Oyj 0.00%
56 RAMPF Polaris Infrastructure Inc. 0.00%
57 CPXWF Capital Power Corporation 0.00%
58 ATGFF AltaGas Ltd. 0.00%
59 GASNY Naturgy Energy Group, S.A. 0.00%
60 KAEPY The Kansai Electric Power Company, Incorporated 0.00%
61 TKGSY Tokyo Gas Co., Ltd. 0.00%
62 TKECY Tokyo Electric Power Company Holdings, Incorporated 0.00%
63 PPAAY PT Perusahaan Gas Negara Tbk 0.00%
64 GGDVY Guangdong Investment Limited 0.00%
65 OEZVY Verbund AG 0.00%
66 ACLLF ATCO Ltd. 0.00%
67 PWCDF Power Corporation of Canada 0.00%
68 AGLXY AGL Energy Limited 0.00%
69 SNMRY Snam S.p.A. 0.00%

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

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