
Companhia Energética de Minas Gerais - CEMIG (CIG-C) Dividend
Companhia Energética de Minas Gerais - CEMIG · Utilities · Utilities - Regulated Electric · quarterly payer
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?
MixedCompanhia 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-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 2, 2026 | Lower | $0.0467 → $0.0429 | −8.1% |
| May 14, 2026 | Higher | $0.0432 → $0.0467 | +7.9% |
| Mar 30, 2026 | Lower | $0.0443 → $0.0432 | −2.4% |
| Dec 30, 2025 | Higher | $0.0403 → $0.0443 | +9.9% |
| Oct 6, 2025 | Higher | $0.0391 → $0.0403 | +3.0% |
| Jun 30, 2025 | Higher | $0.0348 → $0.0391 | +12.4% |
| Mar 31, 2025 | Lower | $0.0358 → $0.0348 | −2.8% |
| Dec 30, 2024 | Higher | $0.0302 → $0.0358 | +18.5% |
| Sep 30, 2024 | Higher | $0.0276 → $0.0302 | +9.2% |
| Jul 1, 2024 | Higher | $0.0247 → $0.0276 | +12.0% |
| Sep 29, 2023 | Lower | $0.0254 → $0.0248 | −2.1% |
| Jun 30, 2023 | Higher | $0.0252 → $0.0254 | +0.6% |
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.
CIG-C Price — Last 12 Months
Daily close
Price Return
1 Year
+17%
3 Years
+23%
5 Years
+64%
52-Week Range
$2.35 – $4.04
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CIG-C worth?
Undervaluedlow confidenceOur blended fair-value estimate for Companhia Energética de Minas Gerais - CEMIG is $6.03 per share, versus a market price of $2.89. That implies 109% of upside — a margin of safety of about 52%.
Fair Value
$6.03
Current Price
$2.89
Upside
+109%
Margin of Safety
52%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.31 EPS, $0.15 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CIG-C Dividend Safety Score
Borderline
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
Dividend History
Full CIG-C dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 28, 2026 | — | $0.0135 | regular |
| Jul 2, 2026 | — | $0.0429 | regular |
| May 14, 2026 | Jul 8, 2026 | $0.0467 | regular |
| Mar 30, 2026 | — | $0.0432 | regular |
| Dec 30, 2025 | Jul 8, 2026 | $0.0443 | regular |
| Dec 29, 2025 | Jan 7, 2026 | $0.0265 | regular |
| Oct 6, 2025 | Jul 8, 2026 | $0.0403 | regular |
| Jun 30, 2025 | — | $0.0391 | regular |
| May 12, 2025 | — | $0.1203 | regular |
| Mar 31, 2025 | — | $0.0348 | regular |
| Dec 30, 2024 | Jul 8, 2025 | $0.0358 | regular |
| Sep 30, 2024 | Jul 8, 2025 | $0.0302 | regular |
| Aug 26, 2024 | Sep 9, 2024 | $0.0881 | regular |
| Jul 1, 2024 | — | $0.0276 | regular |
CIG-C Dividend News
CEMIG Cuts CIG-C Dividend 68.4% to $0.0135
CEMIG’s CIG-C payout falls to $0.0135 a share, while a 79% earnings payout ratio and variable payment history frame the cut’s full significance.
CEMIG Raises CIG-C Dividend 10.4% to $0.0477
CEMIG raised its quarterly dividend 10.4% to $0.0477 per share, offering a 4.58% forward yield with a 79% earnings payout ratio for CIG-C.
Income Calculator
At $0.15 / yr per share
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