Comp En De Mn Cemig ADS (NYSE:CIG) announced a … dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be given a dividend of 0.0142 per share by the utilities provider on Wednesday, December 13th. The ex-dividend date is Friday, December 8th.

Comp En De Mn Cemig ADS has decreased its dividend payment by an average of 54.0% per year over the last three years.

Comp En De Mn Cemig ADS (CIG) traded up $0.03 on Monday, hitting $2.12. The stock had a trading volume of 2,468,010 shares, compared to its average volume of 4,503,041. Comp En De Mn Cemig ADS has a one year low of $1.95 and a one year high of $3.84. The company has a quick ratio of 0.63, a current ratio of 0.64 and a debt-to-equity ratio of 0.67.

A number of analysts have recently issued reports on CIG shares. BidaskClub upgraded Comp En De Mn Cemig ADS from a “sell” rating to a “hold” rating in a report on Monday, August 7th. J P Morgan Chase & Co upgraded Comp En De Mn Cemig ADS from a “neutral” rating to an “overweight” rating in a report on Monday, November 27th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $2.80.

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About Comp En De Mn Cemig ADS

Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company’s segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation.

Dividend History for Comp En De Mn Cemig ADS (NYSE:CIG)

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