CMS Energy Corporation
CMSUtilities · Stock · quarterly payer
$70.36
Add to PortfolioForward Yield
3.24%
Annual Dividend
$2.28
Payout Ratio
61%
5-Yr Growth
5.9%
Ex-Date
May 8, 2026
Frequency
Quarterly
CMS Dividend Safety Score
83/ 100
Grade A
Very Safe
Dividend-growth streak18 consecutive years of growth
Cut historyCut its dividend in 2007
Earnings payout coverage61% of earnings paid out
Balance-sheet strengthDebt/equity of 1.90
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CMS a good dividend stock?
YesCMS Energy Corporation (CMS) pays a quarterly dividend yielding 3.24% ($2.28/yr), with 18 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 18 consecutive years of dividend growth
- Strong 5.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2007
Key Data
- Dividend Yield
- 3.24%
- Payout Ratio
- 61%
- Annual Dividend
- $2.28
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 18
- Frequency
- quarterly
- Beta
- 0.35
- Market Cap
- $21.7B
- P/E Ratio
- 19.4
- 5-Yr Total Return
- 22%
- 52-Week Range
- $68.41 – $80.36
- Dividend Safety
- A · 83/100
- Ever Cut?
- Yes (2007)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.5700 | regular |
| Feb 17, 2026 | — | $0.5700 | regular |
| Nov 7, 2025 | — | $0.5430 | regular |
| Aug 8, 2025 | — | $0.5430 | regular |
| May 9, 2025 | — | $0.5430 | regular |
| Feb 14, 2025 | — | $0.5430 | regular |
| Nov 13, 2024 | — | $0.5150 | regular |
| Aug 2, 2024 | — | $0.5150 | regular |
| May 14, 2024 | — | $0.5150 | regular |
| Feb 9, 2024 | — | $0.5150 | regular |
| Nov 2, 2023 | — | $0.4880 | regular |
| Aug 3, 2023 | — | $0.4880 | regular |
| May 4, 2023 | — | $0.4880 | regular |
| Feb 10, 2023 | — | $0.4880 | regular |
Income Calculator
At $2.28 / yr per share
Per payment (quarterly)$57.00
Annual$228.00
Monthly avg$19.00
