Companhia Energetica Minas Gerais (ADR) (NYSE:CIG)

[orangetea]

got dividend withholding tax. probably not worth of it if dividends is considered as a major reason.

For US stocks, it's never about dividends.

More on Capital appreciation.

Dividends are a bonus.
Otherwise sell before ex date and buy back after ex date

There was a documentary on the economy when oil runs out.
Brazil uses renewable energy so it weathered fossil fuel depletion better so it says.