Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Dividend Payout Ratio: 0.67 (As of Mar. 2026) — 52% Above Median


FRA:CIDS Cia Energetica DE Minas Gerais - Cemig FRA:CIDS
65 GF Score
Price €2.44
GF Value €568.40
! 4 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Dividend Payout Ratio?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDS -1.61% 65 Dividend Payout Ratio is 0.67 as of Mar. 2026, which is 52% above its 10-year median of 0.44. GuruFocus rates FRA:CIDS with a GF Score™ of 65/100 and a GF Value™ of €568.40. The stock has 4 warning signs investors should review. Among 374 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks worse than 92.78% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.67.

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.

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:

FRA:CIDS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.44   Max: 1.7
Current: 1.11

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.

FRA:CIDS's Dividend Payout Ratio is ranked worse than
92.78% of 374 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs FRA:CIDS: 1.11

As of today (2026-06-28), the Dividend Yield % of Cia Energetica DE Minas Gerais - Cemig is 5.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cia Energetica DE Minas Gerais - Cemig was 17.40%. The lowest was 0.21%. And the median was 5.96%.

Cia Energetica DE Minas Gerais - Cemig's Dividends per Share for the months ended in Mar. 2026 was €0.04.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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

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

* Premium members only.

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.

Cia Energetica DE Minas Gerais - Cemig Dividend Payout Ratio Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.61 0.49 0.40 1.09

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 2.44 0.87 0.65 0.67

FRA:CIDS vs NEE, SO, DUK: Dividend Payout Ratio Comparison

For the Utilities - Regulated Electric 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 vs Utilities - Regulated Industry

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.


FRA:CIDS
65GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Energetica DE Minas Gerais - Cemig Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.262/ 0.241
=1.09

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 )
=0.038/ 0.057
=0.67

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.67 mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a Dividend Payout Ratio of 0.67 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 52% above median its historical median of 0.44. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio has ranged from 0.22 to 1.70. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #347 out of 374 companies in the Utilities - Regulated industry, placing it in the top 92.8%.
Is Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio too high?
Cia Energetica DE Minas Gerais - Cemig's current Dividend Payout Ratio of 0.67 is 52% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.70. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Cia Energetica DE Minas Gerais - Cemig's value of 0.67 is 24.1% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #347 out of 374 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 65/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Dividend Payout Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #347 out of 374 companies for Dividend Payout Ratio. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. Cia Energetica DE Minas Gerais - Cemig's value of 0.67 is 24.1% above this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own Dividend Payout Ratio has ranged from 0.22 to 1.70 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.54, Cia Energetica DE Minas Gerais - Cemig has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cia Energetica DE Minas Gerais - Cemig's current Dividend Payout Ratio of 0.67 is 24.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — 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 Dividend Payout Ratio is 0.67, which is 52% above median its own 10-year median of 0.44. 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?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a current Dividend Payout Ratio of 0.67. The stock's GF Value™ is €568.40, compared to a current price of €2.44 — trading 99.6% below its estimated fair value. The current Dividend Payout Ratio is 0.67, which is 52% above median its 10-year median of 0.44 and 24.1% above the Utilities - Regulated industry median of 0.54. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current Dividend Payout Ratio is 0.67 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 (FRA:CIDS) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €2.44 is trading 99.6% below its estimated GF Value™ of €568.40.

Key valuation signals for FRA:CIDS:

  • Dividend Payout Ratio: 0.67 (52% above median its 10-year median of 0.44)
  • GF Value™: €568.40 vs. price of €2.44 (99.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 24.1% above the Utilities - Regulated median (#347 of 374)

No single metric tells the full story. See the FRA:CIDS 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.
65GF Score

Get the complete analysis for FRA:CIDS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.44
Price
€568.40
GF Value