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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Forward Dividend Yield %

: 8.25% (As of Today)
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As of today (2024-04-18), the Forward Annual Dividend Yield of Cia Energetica DE Minas Gerais - Cemig is 8.25%.

As of today (2024-04-18), the Trailing Annual Dividend Yield of Cia Energetica DE Minas Gerais - Cemig is 8.25%.

CIG.C's Forward Dividend Yield % is ranked better than
90.59% of 425 companies
in the Utilities - Regulated industry
Industry Median: 4.29 vs CIG.C: 8.25

Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the three months ended in Sep. 2023 was $0.04.

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.

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.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution

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

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



Cia Energetica DE Minas Gerais - Cemig Forward Dividend Yield % Calculation

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 0.0352024-03-282024-04-012024-06-30Cash 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 Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.14/2.86
=4.90 %

Current Share Price is $2.86.
Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the forward twelve months is calculated as $0.035 * 4 = $0.14.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.26/2.86
=9.09 %

Current Share Price is $2.86.
Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.26.

* 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  (NYSE:CIG.C) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cia Energetica DE Minas Gerais - Cemig Forward Dividend Yield % Related Terms

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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.

Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Headlines