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Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) 5-Year Yield-on-Cost % : 216.56 (As of Apr. 27, 2024)


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What is Cia Energetica DE Minas Gerais - Cemig 5-Year Yield-on-Cost %?

Cia Energetica DE Minas Gerais - Cemig's yield on cost for the quarter that ended in Sep. 2023 was 216.56.


The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's 5-Year Yield-on-Cost % or its related term are showing as below:

BSP:CMIG3' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.54   Med: 163.66   Max: 481.3
Current: 216.56


During the past 13 years, Cia Energetica DE Minas Gerais - Cemig's highest Yield on Cost was 481.30. The lowest was 5.54. And the median was 163.66.


BSP:CMIG3's 5-Year Yield-on-Cost % is ranked better than
99.77% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.63 vs BSP:CMIG3: 216.56

Competitive Comparison of Cia Energetica DE Minas Gerais - Cemig's 5-Year Yield-on-Cost %

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's 5-Year Yield-on-Cost % falls into.



Cia Energetica DE Minas Gerais - Cemig 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Cia Energetica DE Minas Gerais - Cemig is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Cia Energetica DE Minas Gerais - Cemig  (BSP:CMIG3) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Cia Energetica DE Minas Gerais - Cemig 5-Year Yield-on-Cost % Related Terms

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Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Business Description

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

Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Headlines

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