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CEMIG (CIG) Dividend Yield, Date & History

CEMIG logo
$1.89 +0.05 (+2.72%)
(As of 12/20/2024 05:31 PM ET)

CEMIG Dividend Summary

Dividend Yield
6.88%
Annual Dividend
$0.13
Recent
Dividend Payment
Sep. 9
Annualized 3-Year
Dividend Growth
-100.00%
Dividend Payout Ratio
24.07%

CEMIG (CIG) pays an annual dividend of $0.13 per share, with a dividend yield of 6.88%. The next n/a payment of $0.0908 per share was paid on Monday, September 9, to investors who owned the stock before the ex-dividend date of Monday, August 26. The company currently pays out 24.07% of its earnings and 27.51% of its cash flow as dividends.

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CIG Dividend Payments by Quarter

The chart below displays up to four years of CEMIG's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CIG Dividend Yield Over Time

The chart below tracks CEMIG's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

CEMIG vs. The Competition

Compare CEMIG's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeCEMIGUtilities CompaniesNYSE Companies
Annual Dividend$0.13$0.04$1.39
Dividend Yield6.88%4.10%3.59%
Annualized 3-Year Dividend Growth-100.00%1.33%15.78%

CEMIG Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings24.07%
Based on This Year's Estimate36.11%
Based on Next Year's Estimate46.43%
Based on Cashflow27.51%

CEMIG Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
8/15/2024$0.0908+$0.0633
230.03%
8/26/20248/26/20249/9/2024
6/20/2024$0.0275+$0.0004
1.63%
7/1/20247/1/20247/1/2024
3/22/2024$0.0271-$0.0729
72.92%
3/28/20244/1/20243/27/2024

This table shows CEMIG's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

CEMIG Dividend - Frequently Asked Questions

The current dividend yield for CEMIG is 6.88%. Learn more on CIG's dividend yield history.

The annual dividend for CIG shares is $0.13. Learn more on CIG's annual dividend history.

CEMIG pays n/a dividends to shareholders.

CEMIG's most recent n/a dividend payment of $0.0908 per share was made to shareholders on Monday, September 9, 2024.

CEMIG's most recent ex-dividend date was Monday, August 26, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -100.00%.

The most recent change in the company's dividend was an increase of $0.0633 on Thursday, August 15, 2024.

The dividend payout ratio for CIG is:
  • 24.07% based on the trailing year of earnings
  • 36.11% based on this year's estimates
  • 46.43% based on next year's estimates
  • 27.51% based on cash flow

CEMIG's dividend yield of 9.37% is higher than the average Utilities company that issues a dividend. CIG has a dividend yield higher than 75% of all dividend-paying stocks 5.62, making it a leading dividend payer. CEMIG's dividend payout ratio of 24.07% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate CEMIG stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:CIG) was last updated on 12/21/2024 by MarketBeat.com Staff
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