SmarterDividends
CIG-C

Companhia Energética de Minas Gerais - CEMIG (CIG-C) Dividend

Companhia Energética de Minas Gerais - CEMIG · Utilities · Utilities - Regulated Electric · quarterly payer

$2.89

Undervalued · +109% Add to Portfolio

As of Nov 5, 2026, Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays a quarterly dividend, or $0.15 a year, a 4.89% yield at its $2.89 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

4.89%

Annual Dividend

$0.15

Payout Ratio

79%

5-Yr Growth

12.3%

Ex-Date

Sep 28, 2026

Frequency

Quarterly

Key facts about CIG-C's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Companhia Energética de Minas Gerais - CEMIG (CIG-C) has a forward dividend yield of 4.89%, based on an annual dividend of $0.15 per share and a share price of $2.89.
  • As of Nov 5, 2026, CIG-C's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Companhia Energética de Minas Gerais - CEMIG (CIG-C) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
  • CIG-C last cut its regular dividend in 2023.
  • CIG-C's most recent ex-dividend date was Sep 28, 2026, for a dividend of $0.0135 per share.
  • As of Nov 5, 2026, CIG-C pays out 79% of its trailing 12-month earnings as dividends (its payout ratio).
  • CIG-C's dividend has grown at an average rate of 12.3% a year over the past five years.
  • As of Nov 5, 2026, CIG-C's 4.89% yield is 44% below its five-year average yield of 8.75%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for CIG-C is $6.03 per share, 109% above the $2.89 share price, so CIG-C screens as undervalued.
  • Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "CIG-C Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/CIG-C

Is CIG-C a good dividend stock?

Mixed

Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays a quarterly dividend yielding 4.89% ($0.15/yr), with 2 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

  • Strong 12.3% 5-yr dividend growth
  • 64% total price return over 5 years

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
4.89%
Payout Ratio
79%
Annual Dividend
$0.15
5-Yr Avg Growth
12.3%
Ex-Dividend Date
Sep 28, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.11
Market Cap
$8.3B
P/E Ratio
9.3
5-Yr Total Return
64%
52-Week Range
$2.35 – $4.04
Dividend Safety
C · 53/100
Ever Cut?
Yes (2023)

CIG-C dividend changes

Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays a variable dividend: across the 55 payments on record since 2008, 21 were higher than the one before and 12 lower. The latest change was down 8.1% to $0.0429 per share, going ex-dividend on Jul 2, 2026.

Ex-dateChangeOld → newMove
Jul 2, 2026Lower$0.0467 → $0.0429−8.1%
May 14, 2026Higher$0.0432 → $0.0467+7.9%
Mar 30, 2026Lower$0.0443 → $0.0432−2.4%
Dec 30, 2025Higher$0.0403 → $0.0443+9.9%
Oct 6, 2025Higher$0.0391 → $0.0403+3.0%
Jun 30, 2025Higher$0.0348 → $0.0391+12.4%
Mar 31, 2025Lower$0.0358 → $0.0348−2.8%
Dec 30, 2024Higher$0.0302 → $0.0358+18.5%
Sep 30, 2024Higher$0.0276 → $0.0302+9.2%
Jul 1, 2024Higher$0.0247 → $0.0276+12.0%
Sep 29, 2023Lower$0.0254 → $0.0248−2.1%
Jun 30, 2023Higher$0.0252 → $0.0254+0.6%
CIG-C ex-dividend date & scheduleNext ex-date Sep 28, 2026 · full ex-dividend historyView →CIG-C dividend historyEvery payment, totals by year, raises and cutsView →CIG-C dividend calculator100 shares pay $15.00 a year, $3.75 each quarterCalculate →CIG-C total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is CIG-C a good dividend stock?

Mixed. Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays a quarterly dividend yielding 4.89% ($0.15/yr), with 2 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.

Is CIG-C undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CIG-C's fair value is about $6.03 versus a $2.89 share price — so it looks undervalued (+109% vs. fair value).

Is CIG-C's dividend safe?

CIG-C has a dividend-safety grade of C (53/100), 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-C's fair value?

Our blended fair-value estimate for CIG-C is about $6.03 per share, roughly 109% above the current $2.89 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CIG-C a buy, hold, or sell?

We don't issue formal ratings, but on the data CIG-C screens as "mixed" and undervalued. Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays a quarterly dividend yielding 4.89% ($0.15/yr), with 2 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. This is research for your own analysis, not investment advice.

Will CIG-C cut its dividend?

CIG-C earns a dividend-safety grade of C (53/100), 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-C 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 4.89%.

How much dividend does 100 shares of CIG-C pay?

At $0.15 per share a year, 100 shares of CIG-C pay $15.00 a year in dividends before tax, about $3.75 each quarter. Buying them costs about $289 at the Nov 5, 2026 price.

What is CIG-C's dividend yield?

As of Nov 5, 2026, CIG-C's forward dividend yield is 4.89%, based on a $0.15 annual dividend and a $2.89 share price.

What is CIG-C's dividend per share?

As of Nov 5, 2026, CIG-C pays $0.15 per share per year, distributed on a quarterly basis.

What is CIG-C's dividend payout ratio?

As of Nov 5, 2026, CIG-C's payout ratio is 79% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has CIG-C grown its dividend?

As of Nov 5, 2026, CIG-C has increased its dividend for 2 consecutive years.

When is the next CIG-C ex-dividend date?

As of Nov 5, 2026, CIG-C's next ex-dividend date hasn't been announced. The most recent was Sep 28, 2026, for $0.0135 per share.