Companhia Energética de Minas Gerais S.A
Companhia Energética de Minas Gerais S.A. (Cemig, ticker CIG) is a vertically integrated Brazilian energy company active in generation, transmission and distribution, primarily in the state of Minas Gerais. With a market capitalisation near $6.25 billion, it operates a mix of hydroelectric, thermal and other renewable assets and serves both retail and wholesale markets. Investors should note the company’s combination of regulated revenue streams and exposure to wholesale market dynamics — historically supporting dividend distributions but subject to variation. Key factors to watch include hydrological conditions (which affect hydro output), tariff reviews and regulatory decisions, commodity prices and macroeconomic or currency effects in Brazil. Capital expenditure, debt levels and corporate governance can also influence future returns. This is general educational information, not personalised investment advice; values can rise or fall, and past dividends are not a guarantee of future payments. Consider your risk tolerance and do your own research before making investment decisions.
Stock Performance Snapshot
Analyst Rating
Analysts recommend selling Companhia Energética de Minas Gerais stock due to a lower target price.
Financial Health
Companhia Energética de Minas Gerais is performing well with solid revenue and cash flow generation.
Dividend
Companhia Energética de Minas Gerais S.A offers a high dividend yield of 11.3%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $113 a year in dividends (based on the last 12 months).
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Explore BasketWhy You’ll Want to Watch This Stock
Integrated power business
Generation, transmission and distribution offer diversified revenues, though earnings can vary with hydrology and tariff reviews; monitor regulatory developments.
Income potential
Regulated cash flows have supported dividends historically, but payouts depend on earnings, capex and the balance sheet — past payments do not guarantee future yields.
Regulatory & weather risk
Policy changes, tariff decisions and droughts can materially affect results; investors should follow regulatory updates and reservoir levels alongside financial metrics.
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