BSP:CSMG3's Forward Dividend Yield % is ranked better than 86.73% of 422
companies
in the Utilities - Regulated industry
Industry Median: 4.095
vs BSP:CSMG3: 8.78
During the past 12 months, Compania deneamento de Minas Gerais - COPASA MG's average Dividends Per Share Growth Rate was 397.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 32.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 21.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Compania deneamento de Minas Gerais - COPASA MG was 207.80% per year. The lowest was -59.10% per year. And the median was 5.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Compania deneamento de Minas Gerais - COPASA MG's Forward Dividend Yield %
For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.
Compania deneamento de Minas Gerais - COPASA MG's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry
* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's Forward Dividend Yield % falls into.
Compania deneamento de Minas Gerais - COPASA MG Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Compania deneamento de Minas Gerais - COPASA MG Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
BRL 0.791
2024-04-29
2024-04-26
2024-05-10
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.455
2024-03-26
2024-03-25
0000-00-00
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.242
2023-12-22
2023-12-21
0000-00-00
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.336
2023-09-22
2023-09-21
2023-11-14
Cash Dividend
quarterly
BRL:BRL 1.000000
BRL 0.339
2023-06-22
2023-06-21
2023-08-14
Cash Dividend
quarterly
BRL:BRL 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.
* 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.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 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.
Compania deneamento de Minas Gerais - COPASA MG Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Compania deneamento de Minas Gerais - COPASA MG's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Business Description
COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Serviços de Irrigaçao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Serviços de Irrigaçao S.A. manages, performs, and sells irrigation system services. COPASA Águas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where a significant amount of revenue is generated.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Headlines
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