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Companhia de Saneamento de Minas Gerais plans, designs, performs, expands, remodels, manages, and provides water supply and sewage treatment services in Brazil and internationally. It operates through Water Services, Sewage Services, and Solid Waste segments. The company offers collection, recycling, treatment, and final disposal of urban, domestic, and industrial waste; and draining and management of rainwater in urban areas in cities of the North of Minas Gerais, as well as the water basins of the Jequitinhonha, Mucuri, São Mateus, Buranhém, Itanhém, and Jucuruçu rivers. As of December 31, 2020, it had 640 concessions to provide water services; and 310 concessions to offer sewage services. The company was formerly known as Companhia Mineira de Água e Esgotos and changed its name to Companhia de Saneamento de Minas Gerais in November 1974. Companhia de Saneamento de Minas Gerais was founded in 1963 and is headquartered in Belo Horizonte, Brazil.

Companhia deneamento de Minas Gerais Dividend Announcement

Companhia deneamento de Minas Gerais announced a quarterly dividend of R$0.35 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-18
Companhia deneamento de Minas Gerais annual dividend for 2024 was R$1.98
Companhia deneamento de Minas Gerais annual dividend for 2023 was R$2.89
Companhia deneamento de Minas Gerais's trailing twelve-month (TTM) dividend yield is 12.64%
Companhia deneamento de Minas Gerais's payout ratio for the trailing twelve months (TTM) is 74.29%
Companhia deneamento de Minas Gerais's dividend growth over the last five years (2018-2023) was -6.39% year
Companhia deneamento de Minas Gerais's dividend growth over the last ten years (2013-2023) was 9.43% year

Companhia deneamento de Minas Gerais Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-18R$0.35quarterly2024-09-30
2024-06-26R$0.38quarterly2024-08-19
2024-04-29R$0.79quarterly2024-05-10
2024-03-26R$0.45quarterly2024-08-30
2023-12-22R$0.24quarterly2024-06-28
2023-12-14R$0.98quarterly2023-12-28
2023-09-22R$0.34quarterly2023-11-14
2023-06-22R$0.34quarterly2023-08-14
2023-03-23R$0.99quarterly2023-06-27
2022-09-21R$0.15quarterly2022-11-14
2022-06-22R$0.14quarterly2022-08-12
2022-03-23R$0.09quarterly2022-05-16
2021-09-27R$0.43quarterly2021-11-19
2021-06-23R$0.15quarterly2021-08-16
2021-03-25R$0.17quarterly2021-05-18
2021-03-03R$0.20quarterly2021-06-25
2020-12-23R$0.20quarterly
2020-11-20R$6.49quarterly2020-12-10
2020-09-23R$0.50quarterly2020-11-16
2020-06-24R$0.35quarterly2020-08-01
2020-03-26R$1.03quarterly2020-05-19
2019-09-25R$0.41quarterly2019-11-18
2019-06-24R$0.17quarterly2019-08-13
2019-03-27R$0.42quarterly2019-05-20
2019-03-11R$0.73quarterly2019-06-10
2018-09-25R$0.43quarterly2018-11-16
2018-06-26R$0.41quarterly2018-08-17
2018-05-08R$2.22quarterly2018-05-17
2018-03-27R$0.61quarterly2018-04-06
2018-02-28R$0.36quarterly2018-05-17
2017-11-21R$0.95quarterly2017-11-30
2017-09-25R$0.31quarterly2017-10-23
2017-06-22R$0.29quarterly2017-07-28
2017-03-23R$0.25quarterly2017-05-15
2017-03-17R$0.29quarterly2017-12-01
2016-11-17R$0.24quarterly
2016-08-23R$0.22quarterly
2016-05-12R$0.20quarterly
2015-11-12R$0.02quarterly
2015-08-12R$0.01quarterly
2015-05-12R$0.04quarterly
2015-03-25R$0.02quarterly
2014-09-23R$0.27quarterly
2014-06-25R$0.28quarterly
2014-03-25R$0.29quarterly
2014-02-04R$0.28quarterly
2013-09-25R$0.22quarterly
2013-06-26R$0.26quarterly
2013-03-22R$0.31quarterly
2013-03-04R$0.39quarterly

Companhia deneamento de Minas Gerais Dividend per year

Companhia deneamento de Minas Gerais Dividend growth

Companhia deneamento de Minas Gerais Dividend Yield

Companhia deneamento de Minas Gerais current trailing twelve-month (TTM) dividend yield is 12.64%. Interested in purchasing Companhia deneamento de Minas Gerais stock? Use our calculator to estimate your expected dividend yield:

Companhia deneamento de Minas Gerais Financial Ratios

P/E ratio6.89
PEG ratio8.89
P/B ratio1.23
ROE18.17%
Payout ratio74.29%
Current ratio1.73
Quick ratio1.66
Cash Ratio0.59

Companhia deneamento de Minas Gerais Dividend FAQ

How much is the next Companhia deneamento de Minas Gerais dividend?
Companhia deneamento de Minas Gerais's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Companhia deneamento de Minas Gerais dividend. The next Companhia deneamento de Minas Gerais dividend will be released in March, June, September, December, or December.
When is Companhia deneamento de Minas Gerais dividend paid?
Companhia deneamento de Minas Gerais pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, December, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Companhia deneamento de Minas Gerais pay?
The specific amount of Companhia deneamento de Minas Gerais dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Companhia deneamento de Minas Gerais's dividend history.
Does Companhia deneamento de Minas Gerais stock pay dividends?
Yes, Companhia deneamento de Minas Gerais does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Companhia deneamento de Minas Gerais's dividend history.
How much dividend does Companhia deneamento de Minas Gerais pay?
Companhia deneamento de Minas Gerais paid R$1.984 in 2024, R$2.893 in 2023, R$0.384 in 2022, R$0.945 in 2021, and R$8.567 in 2020.
How often does Companhia deneamento de Minas Gerais pay dividends?
Companhia deneamento de Minas Gerais typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, December, and December.
What is Companhia deneamento de Minas Gerais's dividend yield?
The current dividend yield for Companhia deneamento de Minas Gerais is 12.64%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Companhia deneamento de Minas Gerais's exact dividend yield.
When does Companhia deneamento de Minas Gerais go ex dividend?
Companhia deneamento de Minas Gerais's ex-dividend date for the latest dividend was on 2024-09-18. Companhia deneamento de Minas Gerais typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Companhia deneamento de Minas Gerais dividend paid?
Companhia deneamento de Minas Gerais pays dividends on a quarterly basis, typically around March, June, September, December, or December, but the exact dates can vary each year.
Will Companhia deneamento de Minas Gerais increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Companhia deneamento de Minas Gerais will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Companhia deneamento de Minas Gerais dividend per share?
Companhia deneamento de Minas Gerais paid R$1.984 per share in 2024 and R$2.893 per share in 2023. The amount of dividend per share that Companhia deneamento de Minas Gerais pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Companhia deneamento de Minas Gerais a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Companhia deneamento de Minas Gerais a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Companhia deneamento de Minas Gerais a dividend stock?
Yes, Companhia deneamento de Minas Gerais is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Companhia deneamento de Minas Gerais a good dividend stock?
Whether Companhia deneamento de Minas Gerais is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Companhia deneamento de Minas Gerais has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Companhia deneamento de Minas Gerais as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Companhia deneamento de Minas Gerais pay dividends monthly?
Companhia deneamento de Minas Gerais typically pays dividends on a quarterly basis.
Does Companhia deneamento de Minas Gerais pay dividends quarterly?
Companhia deneamento de Minas Gerais currently pays dividends on a quarterly basis.
Has Companhia deneamento de Minas Gerais ever paid a dividend?
Yes, Companhia deneamento de Minas Gerais has a history of paying dividends to its shareholders. Companhia deneamento de Minas Gerais is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Companhia deneamento de Minas Gerais dividend stocks?
To buy Companhia deneamento de Minas Gerais you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Companhia deneamento de Minas Gerais stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Companhia deneamento de Minas Gerais pay dividends 2024?
Companhia deneamento de Minas Gerais pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Companhia deneamento de Minas Gerais increase its dividend in 2024?
Decisions regarding Companhia deneamento de Minas Gerais dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Companhia deneamento de Minas Gerais dividend overview you can look into the above table of dividend history.
How Companhia deneamento de Minas Gerais dividend works?
The Companhia deneamento de Minas Gerais dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Companhia deneamento de Minas Gerais's dividend process works:

1. Determination of Dividend: Companhia deneamento de Minas Gerais's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Companhia deneamento de Minas Gerais publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Companhia deneamento de Minas Gerais distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Companhia deneamento de Minas Gerais are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Companhia deneamento de Minas Gerais dividends paid?
Companhia deneamento de Minas Gerais dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Companhia deneamento de Minas Gerais sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Companhia deneamento de Minas Gerais distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Companhia deneamento de Minas Gerais declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Companhia deneamento de Minas Gerais pay dividends?
Companhia deneamento de Minas Gerais typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Companhia deneamento de Minas Gerais pay dividends?
The general pattern is that Companhia deneamento de Minas Gerais pays dividends around March, June, September, December, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Companhia deneamento de Minas Gerais dividend safe?
The safety of Companhia deneamento de Minas Gerais's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Companhia deneamento de Minas Gerais's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Companhia deneamento de Minas Gerais's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.