Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) 3-Year Dividend Growth Rate: -5.70% (As of Mar. 2026)

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MEX:CIGN Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
60 GF Score
Price MXN38.00
GF Value MXN33.54
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig 3-Year Dividend Growth Rate?

Cia Energetica DE Minas Gerais - Cemig MEX:CIGN 60 3-Year Dividend Growth Rate is -5.70% as of Mar. 2026. GuruFocus rates MEX:CIGN with a GF Score™ of 60/100 and a GF Value™ of MXN33.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 310 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks worse than 80% on this metric.

Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the three months ended in Mar. 2026 was MXN0.79.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's 3-Year Dividend Growth Rate or its related term are showing as below:

MEX:CIGN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -51.5   Med: 8.1   Max: 94.9
Current: -5.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cia Energetica DE Minas Gerais - Cemig was 94.90% per year. The lowest was -51.50% per year. And the median was 8.10% per year.

MEX:CIGN's 3-Year Dividend Growth Rate is ranked worse than
80% of 310 companies
in the Utilities - Regulated industry
Industry Median: 5.55 vs MEX:CIGN: -5.70

During the past 12 months, Cia Energetica DE Minas Gerais - Cemig's average Dividends Per Share Growth Rate was 103.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 28.30% 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.

Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.67. As of today, Cia Energetica DE Minas Gerais - Cemig's Dividend Yield % is 8.25%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cia Energetica DE Minas Gerais - Cemig is 1.18, which seems too high.

Warning Sign:

Cia Energetica DE Minas Gerais - Cemig stock Dividend Yield % is close to 1-year low.

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


Cia Energetica DE Minas Gerais - Cemig  (MEX:CIGN) 3-Year Dividend Growth Rate 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 Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.785/ 1.18
=0.67

During the past 13 years, the highest Dividend Payout Ratio of Cia Energetica DE Minas Gerais - Cemig was 1.70. The lowest was 0.22. And the median was 0.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cia Energetica DE Minas Gerais - Cemig is 1.18, which seems too high.

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 0.0428662026-07-022026-07-020000-00-00Cash DividendquarterlyUSD:MXN 17.452400
USD 0.0466662026-05-142026-05-140000-00-00Cash DividendquarterlyUSD:MXN 17.310200
USD 0.0432352026-03-302026-03-300000-00-00Cash DividendquarterlyUSD:MXN 17.770000
USD 0.0442752025-12-302025-12-300000-00-00Cash DividendquarterlyUSD:MXN 18.070800
USD 0.0266962025-12-292025-12-292026-07-08Cash DividendquarterlyUSD:MXN 18.070800
USD 0.0402722025-10-062025-10-060000-00-00Cash DividendquarterlyUSD:MXN 18.424600

* 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
=4.3486965596/38.00
=11.44 %

Current Share Price is MXN38.00.
Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN4.3486965596.

During the past 13 years, the highest Dividend Yield of Cia Energetica DE Minas Gerais - Cemig was 17.40%. The lowest was 0.21%. And the median was 5.98%.

Warning Sign:

Cia Energetica DE Minas Gerais - Cemig stock Dividend Yield % is close to 1-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


MEX:CIGN vs NEE, SO, DUK: 3-Year Dividend Growth Rate Comparison

For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's 3-Year Dividend Growth Rate falls into.


MEX:CIGN
60GF Score
Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Energetica DE Minas Gerais - Cemig 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.

What does a 3-Year Dividend Growth Rate of -5.70% mean?
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) has a 3-Year Dividend Growth Rate of -5.70% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #248 out of 310 companies in the Utilities - Regulated industry, placing it in the top 80%.
Is Cia Energetica DE Minas Gerais - Cemig's 3-Year Dividend Growth Rate too high?
Cia Energetica DE Minas Gerais - Cemig's current 3-Year Dividend Growth Rate is -5.70%. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #248 out of 310 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's 3-Year Dividend Growth Rate compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #248 out of 310 companies for 3-Year Dividend Growth Rate. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 5.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Regulated company?
The median 3-Year Dividend Growth Rate among Utilities - Regulated companies is 5.55, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median 3-Year Dividend Growth Rate is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Energetica DE Minas Gerais - Cemig's current 3-Year Dividend Growth Rate is -5.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN33.54, compared to a current price of MXN38.00 — trading 13.3% above its estimated fair value. The current 3-Year Dividend Growth Rate is -5.70%. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current 3-Year Dividend Growth Rate is -5.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be overvalued. The current stock price of MXN38.00 is trading 13.3% above its estimated GF Value™ of MXN33.54. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Modestly Overvalued.

Key valuation signals for MEX:CIGN:

  • 3-Year Dividend Growth Rate: -5.70%
  • GF Value™: MXN33.54 vs. price of MXN38.00 (13.3% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the MEX:CIGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cia Energetica DE Minas Gerais - Cemig Business Description

Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
60GF Score

Get the complete analysis for MEX:CIGN

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN38.00
Price
MXN33.54
GF Value