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Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 3-Year Dividend Growth Rate : 32.40% (As of Dec. 2023)


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What is Compania deneamento de Minas Gerais - COPASA MG 3-Year Dividend Growth Rate?

Compania deneamento de Minas Gerais - COPASA MG's Dividends per Share for the three months ended in Dec. 2023 was R$0.24.

The historical rank and industry rank for Compania deneamento de Minas Gerais - COPASA MG's 3-Year Dividend Growth Rate or its related term are showing as below:

BSP:CSMG3' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -59.1   Med: 5.7   Max: 207.8
Current: 32.4

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.

BSP:CSMG3's 3-Year Dividend Growth Rate is ranked better than
89.35% of 291 companies
in the Utilities - Regulated industry
Industry Median: 5 vs BSP:CSMG3: 32.40

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. 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.

Compania deneamento de Minas Gerais - COPASA MG's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.19. As of today, Compania deneamento de Minas Gerais - COPASA MG's Dividend Yield % is 6.45%.

Warning Sign:

Compania de Saneamento de Minas Gerais - COPASA MG stock dividend yield is close to 1-year low.

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


Competitive Comparison of Compania deneamento de Minas Gerais - COPASA MG's 3-Year Dividend Growth Rate

For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.


Compania deneamento de Minas Gerais - COPASA MG's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania deneamento de Minas Gerais - COPASA MG's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's 3-Year Dividend Growth Rate falls into.



Compania deneamento de Minas Gerais - COPASA MG 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.


Compania deneamento de Minas Gerais - COPASA MG  (BSP:CSMG3) 3-Year Dividend Growth Rate Explanation

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

Compania deneamento de Minas Gerais - COPASA MG's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.242/ 1.28
=0.19

During the past 13 years, the highest Dividend Payout Ratio of Compania deneamento de Minas Gerais - COPASA MG was 0.57. The lowest was 0.14. And the median was 0.32.

2. 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 0.4552024-03-262024-03-250000-00-00Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.2422023-12-222023-12-210000-00-00Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.3362023-09-222023-09-212023-11-14Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.3392023-06-222023-06-212023-08-14Cash DividendquarterlyBRL: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.

Compania deneamento de Minas Gerais - COPASA MG's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.372/21.25
=6.46 %

Current Share Price is R$21.25.
Compania deneamento de Minas Gerais - COPASA MG's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$1.372.

During the past 13 years, the highest Dividend Yield of Compania deneamento de Minas Gerais - COPASA MG was 10.50%. The lowest was 0.26%. And the median was 3.47%.

Warning Sign:

Compania de Saneamento de Minas Gerais - COPASA MG 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.


Compania deneamento de Minas Gerais - COPASA MG 3-Year Dividend Growth Rate Related Terms>


Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
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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