STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.09
Forward Annual Dividend Rate
$0.12
Yield
Trailing Annual Dividend Yield
43.34%
Forward Annual Dividend Yield
6.19%
Dividend Date
Dividend Date
N/A
Ex-dividend Date
N/A
5.46 %
116.90
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 24, 2024 | 130.0:100 | -5.12% | -8.21% |
| May 19, 2022 | 1.3:1 | +0.94% | +4.48% |
| May 03, 2021 | 1.114969:1 | -4.17% | -3.09% |
| May 02, 2013 | 112.0:100 | +4.12% | -0.49% |
| May 14, 2012 | 1.25:1 | +1.14% | -3.73% |
| Apr 30, 2010 | 1.1:1 | 0 | +5.99% |
| May 14, 2009 | 5.0:4 | 0 | 0 |
| Apr 28, 2008 | 1.0202:1 | +3.98% | -2.65% |
Frequently Asked Questions
Is Companhia Energética de Minas Gerais (CIG-C) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Companhia Energética de Minas Gerais is also among the companies that do not pay dividends.
What is CIG-C's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. CIG-C's annual dividend yield for the trailing 12 months is 43.34.
When did CIG-C last pay a dividend?
CIG-C last paid dividends on undefined, with the ex-dividend date being undefined.
When was the last time CIG-C stock split?
CIG-C stock split took place on 24-05-2024.
How did CIG-C's stock split work?
Its last split took place on May 24, 2024, when Companhia Energética de Minas Gerais went through a 130.0:100 split leaving the shareholder with 130.0 share(s) who previously owned 100 CIG-C share(s).