In brief

07 per share, for holders on September 22.

Cash only arrives in two installments over 2027.

What we know

04
  1. Verified fact · material

    Cemig approved R$ 200 million in interest on equity, R$ 0.06991340114 per share.

    Sets the amount distributed and the per-share return.

    Sources[01][02]
  2. Verified fact · material

    The record date is September 22 and shares trade ex-interest from September 23.

    Timeline for shareholder positioning.

    Sources[01][02]
  3. Verified fact · material

    Payment comes in two installments, by June 30, 2027 and by December 30, 2027.

    A long window that lowers the payout's present value.

    Sources[01][02]
  4. Verified fact

    According to InfoMoney, Cemig's announcement came on the same day as B3's R$ 1.128 billion interest on equity.

    Context on the payout calendar.

    Sources[02]

Transmission to assets

Market read-through

The payout is modest against Cemig's market value and the deferral to 2027 dilutes the effect.

The market watches the state controller's dividend policy and the privatization process more than the standalone payment.

Portfolio impact

01
CMIG4 (Cemig)positive

Payout of about R$ 0.07 per share with a September 22 record date.

The amount is small versus the share price and the timing cuts present value.

What would change the view: Effect limited by installments running to December 2027.

direct40% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Ex-date adjustment on September 23
  • Additional payout declarations in the fourth quarter
  • Progress on Cemig's privatization agenda

Limits of the reporting

What remains uncertain

  • Coverage does not detail the calculation base or whether it counts toward the mandatory minimum dividend.

Full sources

02