Is Companhia Energetica de Minas Gerais a good investment? Companhia Energetica de Minas Gerais (CMIG4.SA) is currently trading at 11.76 BRL. Market analysts have a consensus price target of 11.99 BRL. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 5.16. This relatively low multiple may signal that Companhia Energetica de Minas Gerais is undervalued compared to historical market norms.
Earnings Schedule: Companhia Energetica de Minas Gerais is expected to release its next earnings report on May 7, 2026. The market consensus estimate for Forward EPS is 1.32.
For income investors, Companhia Energetica de Minas Gerais pays a dividend yield of 14.04%. With a payout ratio of 62%, the dividend appears sustainable.
Yes, it pays an annual dividend of 1.65 BRL (14.04% yield).
Companhia Energetica de Minas Gerais is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be May 7, 2026. The company currently has a trailing EPS of 2.28.
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
14.04% (5y avg: 8.86%)
1.65 BRL
March 25, 2026
62.17%
| Year | Total Dividends |
|---|---|
| 2027 | 0.24 BRL |
| June 30, 2027 | 0.2368 |
| 2026 | 0.45 BRL |
| June 30, 2026 | 0.2368 |
| June 30, 2026 | 0.2114 |
| 2025 | 1.20 BRL |
| Dec. 30, 2025 | 0.1459 |
| June 30, 2025 | 0.2086 |
| June 30, 2025 | 0.6588 |
| April 30, 2025 | 0.1891 |
| 2024 | 1.97 BRL |
| Dec. 30, 2024 | 0.1958 |
| Dec. 30, 2024 | 0.1652 |
| Aug. 30, 2024 | 0.4964 |
| June 30, 2024 | 0.1502 |
| June 30, 2024 | 0.1864 |
| April 30, 2024 | 0.1756 |
| Jan. 30, 2024 | 0.6010 |
| 2023 | 1.27 BRL |
| Dec. 30, 2023 | 0.1919 |
| June 30, 2023 | 0.1939 |
| June 30, 2023 | 0.1928 |
| June 28, 2023 | 0.1131 |
| Jan. 30, 2023 | 0.2343 |
| Jan. 30, 2023 | 0.1811 |
| Jan. 30, 2023 | 0.1604 |
| 2022 | 1.38 BRL |
| Sept. 30, 2022 | 0.2143 |
| June 30, 2022 | 0.4596 |
| April 1, 2022 | 0.1447 |
| Jan. 30, 2022 | 0.5644 |
| 2021 | 0.80 BRL |
| June 30, 2021 | 0.5486 |
| Jan. 29, 2021 | 0.2561 |
| 2020 | 0.56 BRL |
| Dec. 30, 2020 | 0.2635 |
| Dec. 29, 2020 | 0.0709 |
| Aug. 30, 2020 | 0.2240 |
| 2019 | 0.57 BRL |
| June 27, 2019 | 0.4330 |
| Jan. 28, 2019 | 0.1383 |
| 2018 | 0.48 BRL |
| May 28, 2018 | 0.4805 |
| 2017 | 0.24 BRL |
| June 30, 2017 | 0.2434 |
| 2016 | 0.85 BRL |
| May 2, 2016 | 0.5825 |
| Jan. 4, 2016 | 0.2685 |
| 2015 | 0.76 BRL |
| May 4, 2015 | 0.7615 |
| 2014 | 5.58 BRL |
| Dec. 29, 2014 | 0.3087 |
| Nov. 10, 2014 | 1.4765 |
| June 30, 2014 | 2.2873 |
| May 2, 2014 | 1.5068 |
| 2013 | 2.54 BRL |
| Dec. 18, 2013 | 0.4047 |
| May 2, 2013 | 2.1381 |
| 2012 | 3.66 BRL |
| Dec. 26, 2012 | 2.3771 |
| April 30, 2012 | 1.2817 |
| 2011 | 3.59 BRL |
| Dec. 12, 2011 | 2.1047 |
| May 2, 2011 | 1.4808 |
| 2010 | 3.38 BRL |
| Dec. 17, 2010 | 2.2285 |
| April 30, 2010 | 1.1523 |
Yearly aggregated dividends
|
Companhia Energetica de Minas Gerais
Jun 30, 2027 Upcoming
Dividend
0.2368 BRL |
|
Companhia Energetica de Minas Gerais
Jun 30, 2026 Upcoming
Dividend
0.2368 BRL |
|
Companhia Energetica de Minas Gerais
Dec 30, 2025 Paid
Dividend
0.14588 BRL |
|
Companhia Energetica de Minas Gerais
Jun 30, 2026 Upcoming
Dividend
0.2114 BRL |
|
Companhia Energetica de Minas Gerais
Jun 30, 2025 Paid
Dividend
0.20861 BRL |
|
Companhia Energetica de Minas Gerais
Jun 30, 2025 Paid
Dividend
0.65881 BRL |
| Split Date | Split Ratio to 1 |
|---|---|
| June 4, 2007 | 0.002000 |
| April 30, 2010 | 1.100000 |
| April 30, 2012 | 1.250000 |
| May 2, 2013 | 1.128550 |
| Dec. 27, 2013 | 1.307650 |
| Aug. 3, 2020 | 1.041131 |
| May 3, 2021 | 1.114969 |
| May 2, 2022 | 1.300000 |
| April 30, 2024 | 1.300000 |
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