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CEMIG to Reward Shareholders - Analyst Blog
6/19/2013 12:10:00 PM
Companhia Energetica de Minas Gerais ( CIG ), also known as CEMIG , recently announced that it will be paying interest on equity and dividend for the year 2012 on Jun 27. The decision for the disbursements was made at the company's directors' meet in Dec 2012 and the Ordinary and Extraordinary General Meetings of Stockholders held on Apr 30, 2013.
CEMIG has allocated approximately R$164 million for the
payment of interest on equity. This equates to R$ 0.192340491 per
share and will be paid to stockholders of record as on Dec 21,
2012 as well as to ADR holders of record as on Dec 31, 2012 .
This will be the balance payment of the first instalment for
2012. In Mar 2013, interest on equity amounting to R$686 million
was paid by the company.
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