Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Dividend Payout Ratio

: 0.38 (As of Sep. 2023)

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Cia Energetica DE Minas Gerais - Cemig's dividend payout ratio for the months ended in Sep. 2023 was 0.38.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio or its related term are showing as below:

CIG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.43 Max: 1.7
Current: 0.54

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.

CIG's Dividend Payout Ratio is ranked worse than
50.68% of 367 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs CIG: 0.54

As of today (2024-04-23), the Dividend Yield % of Cia Energetica DE Minas Gerais - Cemig is 9.56%.

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

Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the 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.

Cia Energetica DE Minas Gerais - Cemig Dividend Payout Ratio Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio 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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

0.75

0.40

0.34

0.61

0.80

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
Dividend Payout Ratio																0.47	0.84	0.34	0.62	0.38

Competitive Comparison

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

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

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

Cia Energetica DE Minas Gerais - Cemig Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.266	/	0.331
	=	0.80

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

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) Dividend Payout Ratio Explanation

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.

Cia Energetica DE Minas Gerais - Cemig Dividend Payout Ratio Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

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.