Cemig (CMIG4) pays R$2.2 billion in dividends and interest on shares – Money Times

a simig (CMIG4) on Thursday (27) announced the payment of R$2.2 billion in proceeds: R$2 billion in the form of interest on equity (JCP) and 248.8 million Brazilian reals in earnings.

The amounts to be distributed by the mining company refer to fiscal year 2022, the period in which it recorded a net profit of R$4.1 billion.

According to Cemig, the interest on private capital will be paid throughout this year according to the list below:

• BRL 245 million, equivalent to BRL 0.14473821881 per common or preferred share, announced on March 28, 2022, paid on December 30, 2022.
• BRL 353 million, equivalent to BRL 0.16041629900 per common or preferred share, announced on June 24, 2022, in two equal installments: 50% by June 30, 2023 and 50% by December 30, 2023.
• BRL 471.5 million, equivalent to BRL 0.21428027494 per common or preferred share, announced on September 23, 2022, in two equal payments: 50% by June 30, 2023 and 50% by June 30, 2023.
• BRL 398.6 million, equivalent to BRL 0.18114181218 per common or preferred share, announced on December 21, 2022, in two equal payments: 50% by June 30, 2023 and 50% by June 30, 2023.
• BRL 515.5 million, equivalent to BRL 0.23426869112 per common or preferred share, announced on December 27, 2022, in two equal payments: 50% by June 30, 2023 and 50% by December 30, 2023.

Cemig reported that the dividend of R$248.8 million, which corresponds to R$0.11306986008 per common or preferred share, will be paid to those with a contributing position on April 27 of this year. As a result, shares trading as of Friday (28th) will not be entitled to proceeds.

As with JCP, the dividend will be paid in two equal installments: 50% by June 30, 2023 and 50% by December 30, 2023.

Check out Cemig’s statement: