CMS Energy Corporation
CMS-PCUtilities · Stock · quarterly payer
Forward Yield
6.27%
Annual Dividend
$1.05
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Jul 1, 2026
Frequency
Quarterly
Summary
As of July 2026, CMS Energy Corporation (CMS-PC) yields 6.27% ($1.05 per share annually), with a blended fair-value estimate of $30.28 — +81% upside, so it screens as undervalued. Dividend safety grade: C (64/100).
Is CMS-PC a good dividend stock?
Yes, with caveatsCMS Energy Corporation (CMS-PC) pays a quarterly dividend yielding 6.27% ($1.05/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.27%
- Payout Ratio
- —
- Annual Dividend
- $1.05
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.34
- Market Cap
- —
- P/E Ratio
- 3.6
- 5-Yr Total Return
- -34%
- 52-Week Range
- $16.36 – $19.62
- Dividend Safety
- C · 64/100
- Ever Cut?
- No
Frequently Asked Questions
CMS-PC Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
-14%
5 Years
-34%
52-Week Range
$16.36 – $19.62
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CMS-PC worth?
Undervaluedlow confidenceOur blended fair-value estimate for CMS Energy Corporation is $30.28 per share, versus a market price of $16.74. That implies 81% of upside — a margin of safety of about 45%.
Fair Value
$30.28
Current Price
$16.74
Upside
+81%
Margin of Safety
45%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.0% discount rate (CAPM), 7.9% stage-1 growth, 2.5% terminal growth, $4.67 EPS, $1.05 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CMS-PC Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.2625 | regular |
| Apr 1, 2026 | — | $0.2625 | regular |
| Dec 31, 2025 | — | $0.2625 | regular |
| Oct 1, 2025 | — | $0.2625 | regular |
| Jul 1, 2025 | — | $0.2625 | regular |
| Apr 1, 2025 | — | $0.2625 | regular |
| Dec 31, 2024 | — | $0.2625 | regular |
| Oct 1, 2024 | — | $0.2625 | regular |
| Jul 1, 2024 | — | $0.2625 | regular |
| Mar 28, 2024 | — | $0.2625 | regular |
| Dec 28, 2023 | — | $0.2625 | regular |
| Jun 29, 2023 | — | $0.2625 | regular |
| Mar 30, 2023 | — | $0.2625 | regular |
| Dec 29, 2022 | — | $0.2625 | regular |
Income Calculator
At $1.05 / yr per share
