CMS — CMS Energy Corporation
Dividend Grades
vs Utilities sector| Metric | CMS | Sector Median |
|---|---|---|
| Dividend Yield | 2.95% | 3.23% |
| Dividend Growth (5Y) | 5.89% | 4.64% |
| Payout Ratio | 62.3% | 61.0% |
| Consecutive Years Paid | 20 | 23 |
| 1Y Total Return | +4.2% | 14.1% |
Grades compare this stock to Utilities sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →
1-Year Growth
5.34%
3-Year Growth
5.65%
5-Year Growth
5.89%
10-Year Growth
6.46%
Key Dividend Dates
Next Ex-Date
N/A
Next Payment
N/A
Last Ex-Date
Feb 17, 2026
Last Payment
Feb 27, 2026
Dividend History
| Ex-Date | Amount | Change |
|---|---|---|
| Feb 17, 2026 | $0.5700 | +5.07% |
| Nov 7, 2025 | $0.5425 | 0.00% |
| Aug 8, 2025 | $0.5425 | 0.00% |
| May 9, 2025 | $0.5425 | 0.00% |
| Feb 14, 2025 | $0.5425 | +5.34% |
| Nov 13, 2024 | $0.5150 | 0.00% |
| Aug 2, 2024 | $0.5150 | 0.00% |
| May 14, 2024 | $0.5150 | 0.00% |
| Feb 9, 2024 | $0.5150 | +5.64% |
| Nov 2, 2023 | $0.4875 | 0.00% |
| Aug 3, 2023 | $0.4875 | 0.00% |
| May 4, 2023 | $0.4875 | 0.00% |
| Feb 10, 2023 | $0.4875 | +5.98% |
| Nov 3, 2022 | $0.4600 | 0.00% |
| Aug 4, 2022 | $0.4600 | 0.00% |
| May 5, 2022 | $0.4600 | 0.00% |
| Feb 10, 2022 | $0.4600 | +5.75% |
| Nov 4, 2021 | $0.4350 | 0.00% |
| Aug 5, 2021 | $0.4350 | 0.00% |
| May 6, 2021 | $0.4350 | 0.00% |
Payout Ratio (Earnings)
62.3%
ModerateFCF Payout Ratio
N/A
Financial Snapshot
| Period | EPS | FCF |
|---|---|---|
| Q1 2025 | $1.01 | $112.00M |
| Q2 2025 | $0.67 | -$470.00M |
| Q3 2025 | $0.92 | -$635.00M |
| Q4 2025 | $0.94 | -$596.00M |
Analyst Ratings (Last 90 Days)
Peer Comparison
Frequently Asked Questions
Does CMS Energy Corporation pay a dividend?
Yes, CMS Energy Corporation (CMS) pays a quarterly dividend with a yield of 2.95%.
What is CMS's dividend yield?
CMS's current dividend yield is 2.95%. The annual dividend is $2.20.
When is CMS's next ex-dividend date?
The next ex-dividend date for CMS has not been announced yet.
How many years has CMS Energy Corporation increased its dividend?
CMS Energy Corporation has increased its dividend for 18 consecutive years.
Compare CMS:
About this data
Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.
Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.
Consecutive years — calendar years with a higher total annual dividend than the prior year.
Growth rates — annualized, comparing the most recent full year total to the total N years prior.
For informational purposes only. Not investment advice.
Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.