SmarterDividends
CIG

Companhia Energética de Minas Gerais - CEMIG

CIG

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$1.91

Undervalued · +125% Add to Portfolio

Forward Yield

7.66%

Annual Dividend

$0.15

Payout Ratio

79%

5-Yr Growth

1.4%

Ex-Date

Sep 28, 2026

Frequency

Quarterly

Key facts about CIG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Companhia Energética de Minas Gerais - CEMIG (CIG) has a forward dividend yield of 7.66%, based on an annual dividend of $0.15 per share and a share price of $1.91.
  • As of Oct 27, 2026, CIG's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Companhia Energética de Minas Gerais - CEMIG (CIG) has raised its dividend for 2 consecutive years as of Oct 27, 2026.
  • CIG last cut its regular dividend in 2023.
  • CIG's most recent ex-dividend date was Jul 2, 2026, for a dividend of $0.0430 per share.
  • As of Oct 27, 2026, CIG pays out 79% of its trailing 12-month earnings as dividends (its payout ratio).
  • CIG's dividend has grown at an average rate of 1.4% a year over the past five years.
  • As of Oct 27, 2026, CIG's 7.66% yield is 35% below its five-year average yield of 11.81%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CIG is $4.30 per share, 125% above the $1.91 share price, so CIG screens as undervalued.
  • Companhia Energética de Minas Gerais - CEMIG (CIG) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "CIG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CIG

Summary

As of Oct 27, 2026, Companhia Energética de Minas Gerais - CEMIG (CIG) yields 7.66% ($0.15 a year per share), has a dividend safety grade of C (58/100) and has 2 consecutive years of dividend increases on record.

Is CIG a good dividend stock?

Yes, with caveats

Companhia Energética de Minas Gerais - CEMIG (CIG) pays a quarterly dividend yielding 7.66% ($0.15/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2023

    Key Data

    Dividend Yield
    7.66%
    Payout Ratio
    79%
    Annual Dividend
    $0.15
    5-Yr Avg Growth
    1.4%
    Ex-Dividend Date
    Sep 28, 2026
    Years of Growth
    2
    Frequency
    quarterly
    Beta
    0.06
    Market Cap
    $5.5B
    P/E Ratio
    6.2
    5-Yr Total Return
    30%
    52-Week Range
    $1.87 – $2.76
    Dividend Safety
    C · 58/100
    Ever Cut?
    Yes (2023)

    CIG dividend changes

    Companhia Energética de Minas Gerais - CEMIG (CIG) pays a variable dividend: across the 65 payments on record since 2002, 24 were higher than the one before and 12 lower. The latest change was up 13.2% to $0.0430 per share, going ex-dividend on Mar 30, 2026.

    Ex-dateChangeOld → newMove
    Mar 30, 2026Higher$0.0380 → $0.0430+13.2%
    Jun 30, 2025Higher$0.0330 → $0.0380+15.2%
    Mar 31, 2025Higher$0.0320 → $0.0330+3.1%
    Dec 30, 2024Higher$0.0300 → $0.0320+6.7%
    Sep 30, 2024Higher$0.0280 → $0.0300+7.1%
    Jul 1, 2024Lower$0.0300 → $0.0280−6.7%
    Sep 29, 2023Lower$0.0315 → $0.0300−4.9%
    Jun 30, 2023Higher$0.0285 → $0.0315+10.8%
    Mar 31, 2023Higher$0.0262 → $0.0285+8.8%
    Dec 23, 2022Higher$0.0238 → $0.0262+9.7%
    Jun 27, 2022Lower$0.0423 → $0.0238−43.6%
    Jan 7, 2021Higher$0.0362 → $0.0423+17.0%
    Every CIG payment →Download every raise and cut (CSV)
    CIG ex-dividend date & scheduleNext ex-date Sep 28, 2026 · full ex-dividend historyView →CIG dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is CIG a good dividend stock?

    Yes, with caveats. Companhia Energética de Minas Gerais - CEMIG (CIG) pays a quarterly dividend yielding 7.66% ($0.15/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

    Is CIG undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CIG's fair value is about $4.30 versus a $1.91 share price — so it looks undervalued (+125% vs. fair value).

    Is CIG's dividend safe?

    CIG has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is CIG's fair value?

    Our blended fair-value estimate for CIG is about $4.30 per share, roughly 125% above the current $1.91 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is CIG a buy, hold, or sell?

    We don't issue formal ratings, but on the data CIG screens as "yes, with caveats" and undervalued. Companhia Energética de Minas Gerais - CEMIG (CIG) pays a quarterly dividend yielding 7.66% ($0.15/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

    Will CIG cut its dividend?

    CIG earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does CIG pay a dividend?

    Yes. Companhia Energética de Minas Gerais - CEMIG pays a quarterly dividend of about $0.15 per share annually, a forward yield of roughly 7.66%.

    What is CIG's dividend yield?

    As of Oct 27, 2026, CIG's forward dividend yield is 7.66%, based on a $0.15 annual dividend and a $1.91 share price.

    What is CIG's dividend per share?

    As of Oct 27, 2026, CIG pays $0.15 per share per year, distributed on a quarterly basis.

    What is CIG's dividend payout ratio?

    As of Oct 27, 2026, CIG's payout ratio is 79% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has CIG grown its dividend?

    As of Oct 27, 2026, CIG has increased its dividend for 2 consecutive years.

    When is the next CIG ex-dividend date?

    As of Oct 27, 2026, CIG's next ex-dividend date hasn't been announced. The most recent was Jul 2, 2026, for $0.0430 per share.

    CIG Dividend News

    CIG
    CutCIG·Aug 24, 2026

    CEMIG ADR Dividend Falls 10.4% to $0.043

    CEMIG’s CIG dividend fell 10.4% to $0.043, while its 7.00% forward yield and 80% earnings payout ratio frame income and coverage for ADR holders.

    Income Calculator

    At $0.15 / yr per share

    Per payment (quarterly)$3.75
    Annual$15.00
    Monthly avg$1.25

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