|Bid||3.1300 x 800|
|Ask||3.1500 x 1400|
|Day's Range||2.9000 - 3.1400|
|52 Week Range||1.6144 - 3.5500|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||6.08|
|Forward Dividend & Yield||0.23 (7.10%)|
|Ex-Dividend Date||May 03, 2021|
|1y Target Est||N/A|
Image source: The Motley Fool. Companhia Energetica de Minas Gerais (NYSE: CIG)Q2 2021 Earnings CallAug 18, 2021, 2:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for waiting.
Before America sees more widespread adoption of electric vehicles (EVs), there will need to be a period where EVs and gas-powered cars “coexist,” Hicham Abdessamad, CEO of Hitachi America, said.
Brazilian power utility Cemig is planning an initial public offering of its gas distribution unit, as well as a raft of investments through 2025 and several divestments, executives said on Wednesday, as shares rose almost 4% on the news. Cemig also said it is planning 22.5 billion reais ($4.16 billion) in investments through 2025, with the largest expenditure reserved for improving its distribution network, as well as 4.5 billion reais to invest in wind and solar generation projects that will add 1 gigawatt in capacity. As part of its divestment drive, the company, formally Cia Energetica de Minas Gerais SA, also plans to sell its stake in Alianca Energia, a joint power generation venture with Brazilian mining company Vale SA, the executives said.