SmarterDividends
CIG

Companhia Energética de Minas Gerais - CEMIG

CIG

Utilities · Stock · quarterly payer

Forward Yield

7.64%

Annual Dividend

$0.16

Payout Ratio

97%

5-Yr Growth

1.0%

Ex-Date

May 14, 2026

Frequency

Quarterly

CIG Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage97% of earnings paid out
Balance-sheet strengthDebt/equity of 0.69
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CIG a good dividend stock?

Mixed

Companhia Energética de Minas Gerais - CEMIG (CIG) pays a quarterly dividend yielding 7.64% ($0.16/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (97%)

    Key Data

    Dividend Yield
    7.64%
    Payout Ratio
    97%
    Annual Dividend
    $0.16
    5-Yr Avg Growth
    1.0%
    Ex-Dividend Date
    May 14, 2026
    Years of Growth
    3
    Frequency
    quarterly
    Beta
    0.09
    Market Cap
    $6.0B
    P/E Ratio
    6.2
    5-Yr Total Return
    15%
    52-Week Range
    $1.79 – $2.76
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2023)
    CIG ex-dividend date & scheduleNext ex-date May 14, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.16 / yr per share

    Per payment (quarterly)$4.00
    Annual$16.00
    Monthly avg$1.33