SmarterDividends
CMS-PC

CMS Energy Corporation

CMS-PC

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$16.01

Undervalued · +67% Add to Portfolio

Forward Yield

6.56%

Annual Dividend

$1.05

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 1, 2026

Frequency

Quarterly

Key facts about CMS-PC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, CMS Energy Corporation (CMS-PC) has a forward dividend yield of 6.56%, based on an annual dividend of $1.05 per share and a share price of $16.01.
  • As of Oct 27, 2026, CMS-PC's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • CMS-PC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CMS-PC's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.26 per share.
  • As of Oct 27, 2026, CMS-PC's 6.56% yield is 42% above its five-year average yield of 4.63%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CMS-PC is $26.80 per share, 67% above the $16.01 share price, so CMS-PC screens as undervalued.
  • CMS Energy Corporation (CMS-PC) pays its dividend quarterly, 4 times a year.
  • CMS Energy Corporation (CMS-PC) has raised its regular dividend 0 times and cut it 0 times across the 20 payments on record since 2021. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "CMS-PC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CMS-PC

Summary

As of Oct 27, 2026, CMS Energy Corporation (CMS-PC) yields 6.56% ($1.05 a year per share) and has a dividend safety grade of B (66/100).

Is CMS-PC a good dividend stock?

Yes, with caveats

CMS Energy Corporation (CMS-PC) pays a quarterly dividend yielding 6.56% ($1.05/yr), with 0 years of growth and a dividend-safety grade of B. 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
6.56%
Payout Ratio
—
Annual Dividend
$1.05
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.31
Market Cap
—
P/E Ratio
3.4
5-Yr Total Return
-35%
52-Week Range
$15.31 – $19.36
Dividend Safety
B · 66/100
Ever Cut?
No

CMS-PC dividend raises and cuts

CMS Energy Corporation (CMS-PC) has raised its regular dividend 0 times and cut it 0 times across the 20 payments on record since 2021. The regular dividend has not changed in that time.

Every CMS-PC payment →Download every raise and cut (CSV)
CMS-PC ex-dividend date & scheduleNext ex-date Oct 1, 2026 · full ex-dividend historyView →CMS-PC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CMS-PC a good dividend stock?

Yes, with caveats. CMS Energy Corporation (CMS-PC) pays a quarterly dividend yielding 6.56% ($1.05/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is CMS-PC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CMS-PC's fair value is about $26.80 versus a $16.01 share price — so it looks undervalued (+67% vs. fair value).

Is CMS-PC's dividend safe?

CMS-PC has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CMS-PC's fair value?

Our blended fair-value estimate for CMS-PC is about $26.80 per share, roughly 67% above the current $16.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CMS-PC a buy, hold, or sell?

We don't issue formal ratings, but on the data CMS-PC screens as "yes, with caveats" and undervalued. CMS Energy Corporation (CMS-PC) pays a quarterly dividend yielding 6.56% ($1.05/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CMS-PC cut its dividend?

CMS-PC earns a dividend-safety grade of B (66/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CMS-PC pay a dividend?

Yes. CMS Energy Corporation pays a quarterly dividend of about $1.05 per share annually, a forward yield of roughly 6.56%.

What is CMS-PC's dividend yield?

As of Oct 27, 2026, CMS-PC's forward dividend yield is 6.56%, based on a $1.05 annual dividend and a $16.01 share price.

What is CMS-PC's dividend per share?

As of Oct 27, 2026, CMS-PC pays $1.05 per share per year, distributed on a quarterly basis.

How many years has CMS-PC grown its dividend?

CMS-PC does not currently have a long dividend-growth streak on record.

When is the next CMS-PC ex-dividend date?

As of Oct 27, 2026, CMS-PC's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.26 per share.

Income Calculator

At $1.05 / yr per share

Per payment (quarterly)$26.25
Annual$105.00
Monthly avg$8.75

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