Split History
| Home |
| Free Dividend Report |
| CIG Dividend History |
| CIG Stock Split History |
| Preferred Stock Newsletter |
| CIG Options Chain |
| CIG Message Board |
Companhia Energetica de Minas Gerais - CEMIG (CIG) has 6 splits in our CIG split history database. The first split for CIG took place on May 08, 2007. This was a 3 for 2 split, meaning for each 2 shares of CIG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. CIG's second split took place on June 12, 2007. This was a 2 for 1 split, meaning for each share of CIG owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. CIG's third split took place on May 14, 2009. This was a 5 for 4 split, meaning for each 4 shares of CIG owned pre-split, the shareholder now owned 5 shares. For example, a 3000 share position pre-split, became a 3750 share position following the split. CIG's 4th split took place on May 14, 2012. This was a 5 for 4 split, meaning for each 4 shares of CIG owned pre-split, the shareholder now owned 5 shares. For example, a 3750 share position pre-split, became a 4687.5 share position following the split. CIG's 5th split took place on May 02, 2013. This was a 1128 for 1000 split, meaning for each 1000 shares of CIG owned pre-split, the shareholder now owned 1128 shares. For example, a 4687.5 share position pre-split, became a 5287.5 share position following the split. CIG's 6th split took place on January 13, 2014. This was a 13076 for 10000 split, meaning for each 10000 shares of CIG owned pre-split, the shareholder now owned 13076 shares. For example, a 5287.5 share position pre-split, became a 6913.935 share position following the split.
When a company such as Companhia Energetica de Minas Gerais - CEMIG splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the CIG split history from start to finish, an original position size of 1000 shares would have turned into 6913.935 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Companhia Energetica de Minas Gerais - CEMIG shares, starting with a $10,000 purchase of CIG, presented on a split-history-adjusted basis factoring in the complete CIG split history.
|
Growth of $10,000.00 With Dividends Reinvested |
|||
| Start date: | 04/28/2014 | ||
| End date: | 04/24/2024 | ||
| Start price/share: | $7.33 | ||
| End price/share: | $2.46 | ||
| Starting shares: | 1,364.26 | ||
| Ending shares: | 3,398.16 | ||
| Dividends reinvested/share: | $3.17 | ||
| Total return: | -16.41% | ||
| Average Annual Total Return: | -1.78% | ||
| Starting investment: | $10,000.00 | ||
| Ending investment: | $8,356.43 | ||
| Years: | 10.00 | ||
|
Growth of $10,000.00 Without Dividends Reinvested |
|||
| Start date: | 04/28/2014 | ||
| End date: | 04/24/2024 | ||
| Start price/share: | $7.33 | ||
| End price/share: | $2.46 | ||
| Dividends collected/share: | $3.17 | ||
| Total return: | -23.12% | ||
| Average Annual Total Return: | -2.60% | ||
| Starting investment: | $10,000.00 | ||
| Ending investment: | $7,684.59 | ||
| Years: | 10.00 | ||
 |
| About Companhia Energetica de Minas Gerais - CEMIG |
| Companhia Energetica de Minas Gerais is a holding company. Through its subsidiaries, Co. is engaged in transactions to buy and sell energy. Co. also engages in the following businesses which include: distributed generation, account services, cogeneration, supply and storage management; sale and trading of energy, through structuring and intermediation of purchase and sale transactions, trading energy in the Free Market, through its wholly-owned subsidiaries CEMIG Trading S.A. and Empresa de Servicos de Comercializacao de Energia Eletrica S.A.; and acquisition, transport and distribution of gas and its subproducts and derivatives through Companhia de Gas de Minas Gerais. According to our CIG split history records, Companhia Energetica de Minas Gerais - CEMIG has had 6 splits. |
| CIG Split History Table | |
| Date | Ratio |
| 05/08/2007 | 3 for 2 |
| 06/12/2007 | 2 for 1 |
| 05/14/2009 | 5 for 4 |
| 05/14/2012 | 5 for 4 |
| 05/02/2013 | 1128 for 1000 |
| 01/13/2014 | 13076 for 10000 |
| Utilities Stock Splits |
| CIG is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
CNL Split History
|
Free CIG Email Alerts:
CIG Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.