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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Dividends per Share : $0.23 (TTM As of Sep. 2023)


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What is Cia Energetica DE Minas Gerais - Cemig Dividends per Share?

Cia Energetica DE Minas Gerais - Cemig's dividends per share for the three months ended in Sep. 2023 was $0.04. Its dividends per share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.23. Its Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.38. As of today, Cia Energetica DE Minas Gerais - Cemig's Dividend Yield % is 9.70%.

During the past 12 months, Cia Energetica DE Minas Gerais - Cemig's average Dividends Per Share Growth Rate was -57.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 74.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 94.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cia Energetica DE Minas Gerais - Cemig was 94.70% per year. The lowest was -51.60% per year. And the median was 9.95% per year.

For more information regarding to dividend, please check our Dividend Page.


Cia Energetica DE Minas Gerais - Cemig Dividends per Share Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cia Energetica DE Minas Gerais - Cemig Dividends per Share Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.11 0.08 0.16 0.27

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Sep18 Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.09 0.04 0.07 0.04

Competitive Comparison of Cia Energetica DE Minas Gerais - Cemig's Dividends per Share

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cia Energetica DE Minas Gerais - Cemig's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Dividend Yield % falls into.



Cia Energetica DE Minas Gerais - Cemig Dividends per Share Calculation

Dividends paid to per common share.


Cia Energetica DE Minas Gerais - Cemig  (NYSE:CIG) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.039/ 0.104
=0.38

During the past 13 years, the highest Dividend Payout Ratio of Cia Energetica DE Minas Gerais - Cemig was 1.70. The lowest was 0.18. And the median was 0.43.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cia Energetica DE Minas Gerais - Cemig Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0352024-03-282024-04-010000-00-00Cash DividendquarterlyUSD:USD 1.000000
USD 0.1222023-12-222023-12-260000-00-00Cash DividendquarterlyUSD:USD 1.000000
USD 0.0392023-09-292023-10-020000-00-00Cash DividendquarterlyUSD:USD 1.000000
USD 0.0412023-06-302023-07-030000-00-00Cash DividendquarterlyUSD:USD 1.000000
USD 0.0232023-04-282023-05-010000-00-00Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Cia Energetica DE Minas Gerais - Cemig's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.26/2.435
=10.68 %

Current Share Price is $2.435.
Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.26.

During the past 13 years, the highest Dividend Yield of Cia Energetica DE Minas Gerais - Cemig was 17.38%. The lowest was 0.20%. And the median was 5.91%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cia Energetica DE Minas Gerais - Cemig Dividends per Share Related Terms

Thank you for viewing the detailed overview of Cia Energetica DE Minas Gerais - Cemig's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Address
Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.

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