SmarterDividends
CMSC

CMS Energy Corporation 5.875% J

CMSC

Stock · quarterly payer

$19.89

Undervalued · +49% Add to Portfolio

Forward Yield

7.38%

Annual Dividend

$1.47

Payout Ratio

—

5-Yr Growth

0.0%

Ex-Date

—

Frequency

Quarterly

Key facts about CMSC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, CMS Energy Corporation 5.875% J (CMSC) has a forward dividend yield of 7.38%, based on an annual dividend of $1.47 per share and a share price of $19.89.
  • As of Oct 18, 2026, CMSC's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
  • CMSC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CMSC's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.37 per share.
  • CMSC's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, CMSC's 7.38% yield is 23% above its five-year average yield of 5.99%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CMSC is $29.70 per share, 49% above the $19.89 share price, so CMSC screens as undervalued.
  • CMS Energy Corporation 5.875% J (CMSC) pays its dividend quarterly, 4 times a year.
  • CMS Energy Corporation 5.875% J (CMSC) has raised its regular dividend 0 times and cut it 0 times across the 32 payments on record since 2018. The regular dividend has not changed in that time.
Cite this page

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

Summary

As of Oct 18, 2026, CMS Energy Corporation 5.875% J (CMSC) yields 7.38% ($1.47 a year per share) and has a dividend safety grade of B (75/100).

Is CMSC a good dividend stock?

Yes

CMS Energy Corporation 5.875% J (CMSC) pays a quarterly dividend yielding 7.38% ($1.47/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
7.38%
Payout Ratio
—
Annual Dividend
$1.47
5-Yr Avg Growth
0.0%
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
-26%
52-Week Range
$19.46 – $24.42
Dividend Safety
B · 75/100
Ever Cut?
No

CMSC dividend raises and cuts

CMS Energy Corporation 5.875% J (CMSC) has raised its regular dividend 0 times and cut it 0 times across the 32 payments on record since 2018. The regular dividend has not changed in that time.

Every CMSC payment →Download every raise and cut (CSV)
CMSC ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →CMSC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CMSC a good dividend stock?

Yes. CMS Energy Corporation 5.875% J (CMSC) pays a quarterly dividend yielding 7.38% ($1.47/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 CMSC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CMSC's fair value is about $29.70 versus a $19.89 share price — so it looks undervalued (+49% vs. fair value).

Is CMSC's dividend safe?

CMSC has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CMSC's fair value?

Our blended fair-value estimate for CMSC is about $29.70 per share, roughly 49% above the current $19.89 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CMSC a buy, hold, or sell?

We don't issue formal ratings, but on the data CMSC screens as "yes" and undervalued. CMS Energy Corporation 5.875% J (CMSC) pays a quarterly dividend yielding 7.38% ($1.47/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 CMSC cut its dividend?

CMSC earns a dividend-safety grade of B (75/100), 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 CMSC pay a dividend?

Yes. CMS Energy Corporation 5.875% J pays a quarterly dividend of about $1.47 per share annually, a forward yield of roughly 7.38%.

What is CMSC's dividend yield?

As of Oct 18, 2026, CMSC's forward dividend yield is 7.38%, based on a $1.47 annual dividend and a $19.89 share price.

What is CMSC's dividend per share?

As of Oct 18, 2026, CMSC pays $1.47 per share per year, distributed on a quarterly basis.

How many years has CMSC grown its dividend?

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

When is the next CMSC ex-dividend date?

As of Oct 18, 2026, CMSC's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.37 per share.

Income Calculator

At $1.47 / yr per share

Per payment (quarterly)$36.70
Annual$146.80
Monthly avg$12.23

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