SmarterDividends
CIG-C

Companhia Energética de Minas Gerais - CEMIG

CIG-C

Utilities · Stock · quarterly payer

Forward Yield

5.17%

Annual Dividend

$0.16

Payout Ratio

97%

5-Yr Growth

8.7%

Ex-Date

May 14, 2026

Frequency

Quarterly

CIG-C Dividend Safety Score

55/ 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-C a good dividend stock?

Mixed

Companhia Energética de Minas Gerais - CEMIG (CIG-C) pays a quarterly dividend yielding 5.17% ($0.16/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 8.7% 5-yr dividend growth
  • 64% total price return over 5 years

Risks

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

Key Data

Dividend Yield
5.17%
Payout Ratio
97%
Annual Dividend
$0.16
5-Yr Avg Growth
8.7%
Ex-Dividend Date
May 14, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.09
Market Cap
$8.9B
P/E Ratio
9.1
5-Yr Total Return
64%
52-Week Range
$2.35 – $4.00
Dividend Safety
C · 55/100
Ever Cut?
Yes (2023)
CIG-C 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