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The following section summarizes insights on Energy of Minas Gerais Co's Dividend Growth:
We've identified the following companies as similar to Energy of Minas Gerais Co because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Dividend Growth in the popular category include:
The growth rate in dividends per share.
The dividend per share growth measures a company’s dividend per share year-over-year growth. The formula to calculate dividend growth and an example calculation for Companhia Energética de Minas Gerais - CEMIG’s trailing twelve months is outlined below:
Dividend Growth = Dividend Per Share / ABS(Prior Year Dividend Per Share)* - 1
64.8% = R$1.27 / R$0.65 - 1
*ABS = An absolute value adjustment is used to ensure the direction of growth of negative numbers is reflected
The tables below summarizes Companhia Energética de Minas Gerais - CEMIG’s performance over the last five years:
| Fiscal Year | Dividend Per Share | Growth |
|---|---|---|
| 2020-12-31 | R$0.016 | −82.5% |
| 2021-12-31 | R$0.72 | 4,402.1% |
| 2022-12-31 | R$0.74 | 1.7% |
| 2023-12-31 | R$0.65 | −12.2% |
| 2024-12-31 | R$0.81 | 24.7% |
The tables below summarizes Companhia Energética de Minas Gerais - CEMIG’s performance over the last four quarters:
| Quarter Ending | Dividend Per Share | Growth |
|---|---|---|
| 2024-03-31 | R$0.68 | −27.1% |
| 2024-06-30 | R$0.84 | 20.3% |
| 2024-09-30 | R$0.85 | 21.6% |
| 2024-12-31 | R$0.81 | 24.7% |
Companhia Energética de Minas Gerais - CEMIG’s dividends are presented in the BRL currency. You can read more about Dividend Per Share here.
The chart above depicts the distribution of Dividend Growth for companies operating in the Utilities Sector in the Developing economic region. Over 270 companies were considered in this analysis, and 269 had meaningful values. The average Dividend Growth of companies in the Sector is 24.2% with a standard deviation of 84.1%. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Energy of Minas Gerais Co's Dividend Growth of 64.8% ranks in the 81.0% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developing |
| Total Constituents | 274 |
| Included Constituents | 269 |
| Min | -100.0% |
| Max | 471.4% |
| Median | 5.4% |
| Mean | 24.2% |
| Standard Deviation | 84.1% |
You can find companies with similar Dividend Growth using this stock screener.