CEMIG Announces Dividends and Share Bonus
Company Announcements

CEMIG Announces Dividends and Share Bonus

Companhia Energetica Minas Gerais (CIG) has released an update.

Companhia Energética de Minas Gerais (CEMIG) has announced a considerable allocation of its 2023 net income towards dividends for shareholders, with payments in two installments within the year. Additionally, the company disclosed a share capital increase and a bonus of 30% new shares to shareholders, with the shares arising from the bonus to be traded ‘ex-rights’ from April 30, 2024. Furthermore, CEMIG has successfully filed its 2023 Form 20-F with the U.S. Securities and Exchange Commission, which is accessible to the public for review.

For further insights into CIG stock, check out TipRanks’ Stock Analysis page.

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