SmarterDividends
CMSA

CMS Energy Corporation 5.6% JRSUB NT 78

CMSA

Stock · quarterly payer

$19.11

Undervalued · +43% Add to Portfolio

Forward Yield

7.37%

Annual Dividend

$1.36

Payout Ratio

—

5-Yr Growth

0.0%

Ex-Date

—

Frequency

Quarterly

Key facts about CMSA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) has a forward dividend yield of 7.37%, based on an annual dividend of $1.36 per share and a share price of $19.11.
  • As of Oct 18, 2026, CMSA's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
  • CMSA has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CMSA's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.35 per share.
  • CMSA's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, CMSA's 7.37% yield is 26% above its five-year average yield of 5.83%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CMSA is $27.25 per share, 43% above the $19.11 share price, so CMSA screens as undervalued.
  • CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) pays its dividend quarterly, 4 times a year.
  • CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) has raised its regular dividend 0 times and cut it 0 times across the 34 payments on record since 2018. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "CMSA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CMSA

Summary

As of Oct 18, 2026, CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) yields 7.37% ($1.36 a year per share) and has a dividend safety grade of B (76/100).

Is CMSA a good dividend stock?

Yes

CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) pays a quarterly dividend yielding 7.37% ($1.36/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.37%
Payout Ratio
—
Annual Dividend
$1.36
5-Yr Avg Growth
0.0%
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
10.7
5-Yr Total Return
-27%
52-Week Range
$18.61 – $23.98
Dividend Safety
B · 76/100
Ever Cut?
No

CMSA dividend raises and cuts

CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) has raised its regular dividend 0 times and cut it 0 times across the 34 payments on record since 2018. The regular dividend has not changed in that time.

CMSA ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →CMSA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CMSA a good dividend stock?

Yes. CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) pays a quarterly dividend yielding 7.37% ($1.36/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is CMSA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CMSA's fair value is about $27.25 versus a $19.11 share price — so it looks undervalued (+43% vs. fair value).

Is CMSA's dividend safe?

CMSA has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CMSA's fair value?

Our blended fair-value estimate for CMSA is about $27.25 per share, roughly 43% above the current $19.11 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CMSA a buy, hold, or sell?

We don't issue formal ratings, but on the data CMSA screens as "yes" and undervalued. CMS Energy Corporation 5.6% JRSUB NT 78 (CMSA) pays a quarterly dividend yielding 7.37% ($1.36/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will CMSA cut its dividend?

CMSA earns a dividend-safety grade of B (76/100), 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 CMSA pay a dividend?

Yes. CMS Energy Corporation 5.6% JRSUB NT 78 pays a quarterly dividend of about $1.36 per share annually, a forward yield of roughly 7.37%.

What is CMSA's dividend yield?

As of Oct 18, 2026, CMSA's forward dividend yield is 7.37%, based on a $1.36 annual dividend and a $19.11 share price.

What is CMSA's dividend per share?

As of Oct 18, 2026, CMSA pays $1.36 per share per year, distributed on a quarterly basis.

How many years has CMSA grown its dividend?

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

When is the next CMSA ex-dividend date?

As of Oct 18, 2026, CMSA's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.35 per share.