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

Companhia Energetica de Minas Gerais-Cemig ADR (CIG): $2.42

0.02 (+0.83%)

POWR Rating

Component Grades

Momentum

NR

Stability

NR

Sentiment

Quality

NR

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Industry: Utilities - Foreign

Industry

NR

Ranked

#NR of 57

in industry

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
7.79%
CIG Annual Dividend
$0.19
CIG Payout Ratio

CIG Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$2.42$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
2024-03-28Dividend$0.03-63.86%
2023-12-22Dividend$0.08+151.52%
2023-09-29Dividend$0.03-5.71%
2023-06-30Dividend$0.04+59.09%
2023-04-28Dividend$0.02-29.03%
2023-03-31Dividend$0.03-20.51%
2022-12-30Dividend$0.04+34.48%
2022-12-23Dividend$0.03-17.14%
2022-09-30Dividend$0.04+550.00%
2022-05-19Split13-10-for-1 Stock SplitN/A
2022-05-02Dividend$0.08+223.08%
2022-04-01Dividend$0.03-69.41%
2021-12-22Dividend$0.09-22.73%
2021-05-03Dividend$0.11+816.67%
2020-10-02Dividend$0.01-68.42%
2020-08-13Dividend$0.04-33.33%
2020-01-03Dividend$0.06-39.36%
2019-05-06Dividend$0.09+193.75%
2018-12-28Dividend$0.03-75.38%
2018-05-02Dividend$0.13+68.83%
2016-05-02Dividend$0.08+126.47%
2016-01-04Dividend$0.03-77.65%
2015-05-04Dividend$0.15+123.35%
2015-01-06Dividend$0.07-80.06%
2014-11-13Dividend$0.34-44.17%
2014-07-08Dividend$0.61+52.56%
2014-05-02Dividend$0.40+3,378.26%
2014-01-13Split20-16-for-1 Stock SplitN/A
2013-12-12Dividend$0.23-62.57%
2013-05-02Dividend$0.63-66.32%
2012-12-27Dividend$1.86+830.00%
2012-05-14Split5-4-for-1 Stock SplitN/A
2012-04-30Dividend$1.00+48.21%
2011-12-21Dividend$0.68-38.59%
2011-05-02Dividend$1.10+42.98%
2010-12-21Dividend$0.77-0.90%
2010-04-30Dividend$0.78+473.53%
2009-05-14Split5-4-for-1 Stock SplitN/A
2009-04-30Dividend$0.68-32.99%
2008-04-28Dividend$1.02-44.72%
2007-06-12Split2-1-for-1 Stock SplitN/A%
2007-05-08Split3-2-for-1 Stock SplitN/A
2007-04-27Dividend$3.69+1,602.73%
2006-07-13Dividend$0.22-56.60%
2006-05-12Dividend$0.50-62.43%
2006-05-02Dividend$1.33+218.65%
2005-12-29Dividend$0.42-83.34%
2005-12-20Dividend$2.50+374.52%
2005-11-04Dividend$0.53-29.67%
2005-07-11Dividend$0.75+70.64%
2005-05-02Dividend$0.44+379.89%
2005-01-06Dividend$0.09-76.34%
2004-12-08Dividend$0.39+81.55%
2004-09-15Dividend$0.21-45.33%
2004-06-08Dividend$0.39+163.24%
2004-05-07Dividend$0.15-30.65%
2004-01-05Dividend$0.21-32.58%
2003-12-05Dividend$0.32+78.91%
2002-12-24Dividend$0.18-40.07%
2002-05-21Dividend$0.30+4.87%
2002-01-09Dividend$0.28+4.88%
2000-07-10Dividend$0.27+7.53%
2000-04-20Dividend$0.25-52.53%
1999-12-22Dividend$0.53+89.82%
1999-04-29Dividend$0.28-34.44%
1998-12-24Dividend$0.42+14.78%
1998-10-29Dividend$0.37-36.85%
1998-09-01Dividend$0.58--


CIG Dividends vs. Peers

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