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

Companhia Energetica de Minas Gerais-Cemig ADR (CIG): $2.46

-0.05 (-1.99%)

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
3.25%
CIG Annual Dividend
$0.08
CIG Payout Ratio

CIG Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$2.46$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 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 #18 of 69 vs. its peers in the Utilities - Foreign category.
Rank Symbol Name Dividend Yield
1 ELP Companhia Paranaense de Energia (COPEL) 12.77%
2 EOCC Enel Generacion Chile S.A. American Depositary Shares (Each representing 30 shares of ) 11.03%
3 HGKGY Power Assets Holdings Limited 7.21%
4 KEN Kenon Holdings Ltd. Ordinary Shares 6.15%
5 CLPHY CLP Holdings Limited 5.79%
6 ENGIY ENGIE SA 5.12%
7 HNP Huaneng Power Intl 5.03%
8 AQN Algonquin Power & Utilities Corp. Common Shares 4.69%
9 ENGGY Enagás, S.A. 4.66%
10 EGIEY Engie Brasil Energia S.A. 4.55%
11 ECIFY Electricité de France S.A. 4.54%
12 INGXF Innergex Renewable Energy Inc. 4.29%
13 ENLAY Enel SpA 3.64%
14 EONGY E.ON SE 3.60%
15 HOKCY The Hong Kong and China Gas Company Limited 3.60%
16 TNABY Tenaga Nasional Berhad 3.57%
17 FTS Fortis Inc. Common Shares 3.32%
18 CIG Companhia Energetica de Minas Gerais-Cemig ADR 3.19%
19 NGG National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares 3.05%
20 EDPFY EDP - Energias de Portugal, S.A. 2.87%
21 SSEZY SSE plc 2.81%
22 UUGRY United Utilities Group PLC 2.79%
23 IBDRY Iberdrola, S.A. 2.38%
24 EOCA Endesa Americas S.A. American D 2.36%
25 VEOEY Veolia Environnement 2.26%
26 RDEIY Red Electrica Corporacion S.A. 2.09%
27 SBS Companhia de Saneamento Basico do Estado de Sao Paulo ADR 1.89%
28 ENIA Enel Americas S.A. ADR 1.72%
29 TEZNY Terna - Rete Elettrica Nazionale SpA 1.63%
30 ENIC Enel Chile S.A. ADR 1.55%
31 RWEOY RWE AG ADR 1.51%
32 TAC Transalta Corp. 1.42%
33 EBR Centrais Eletricas Brasileiras S/A ADR 1.41%
34 CPL CPFL Energia S.A. CPFL Energia S.A. American Depositary Shares 1.27%
35 JE Just Energy Group, Inc. Ordinary Shares (Canada) 0.00%
36 WAVE Eco Wave Power Global AB ADR 0.00%
37 RNW ReNew Energy Global plc 0.00%
38 KEP Korea Electric Power Corporation 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. 0.00%
44 CEPU Central Puerto S.A. ADR 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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