Breaking - AI Drug Sells for $4 Billion
A Big Pharma giant quietly bought one AI-designed drug for $4 billion designed by a tiny AI-biotech company. Wall Street doesn't yet grasp how this company is quietly revolutionizing the drug discovery business but this won't stay quiet much longer.
Financials
| Profit Margin | 0.08 |
| Return on Assets | 0.05 |
| Return on Equity | 0.12 |
| Earnings Per Share | 0.21 |
| Gross Profit | 6,794,500,000 |
| Quarterly Revenue Growth | 0.05 |
General
| Name | Companhia Energética de Minas Gerais |
| Ticker | CIG |
| Exchange | NYSE |
| Sector | Utilities |
| Industry | Utilities-Diversified |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 5,329 |
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2019, the company operated 80 hydroelectric, thermoelectric, and wind and solar plants with an installed capacity of 6,000 MW; 4,134 km of transmission lines; and 335,421 km of distribution lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.
Dividend
Companhia Energética de Minas Gerais pays out a dividend of $0.13 per share, with a dividend yield of 0.43%.
CIG's last dividend payment was made to shareholders on December 13, 2017.
They pay out 45.10% of their earnings out as a dividend.
Recent Dividends
| Mar 27, 2024 | $0.04 |
| Jan 8, 2021 | $0.05 |
| Jan 7, 2020 | $0.11 |
| Jan 8, 2019 | $0.13 |
| Jan 5, 2017 | $0.11 |
| Jan 5, 2016 | $0.12 |
| Nov 30, -0001 | $0.02 |
| Dec 31, 1969 | $0.07 |
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