CMS Energy Corporation
S&P 500Last update: Mar 25, 2026 at 04:53
About CMS Energy Corporation
CMS Energy Corporation is an energy holding company operating primarily through its subsidiary Consumers Energy, Michigan's largest electric and natural gas utility serving approximately 6.8 million residents across the state's Lower Peninsula. The company provides regulated electric service to 1.8 million customers and natural gas service to 1.8 million customers, operating as one of the nation's largest combination utilities. CMS Energy's second major business segment, NorthStar Clean Energy, engages in wholesale power generation and operates independent power generating plants across several states, offering custom energy and carbon reduction solutions to commercial clients. The company maintains substantial natural gas storage capacity among the largest in the United States, supporting seasonal energy needs. CMS Energy is transitioning toward cleaner energy sources, with approximately 10 percent of its power supply derived from wind, solar, hydro, and biomass resources. The company serves as a regulated utility in the utilities sector, providing essential energy infrastructure and services to residential, commercial, and industrial customers throughout Michigan and beyond.
Dividend Overview
Dividend Yield
2.81%
Annual Dividend
$2.20
Frequency
Quarterly
Payout Ratio
61.56%
FCF Payout Ratio
-36.77%
Stock Price
$75.34
52-Week Range
$67.71 – $78.88
Dividend Health Score
CMS's dividend appears safe and well-supported. Strengths include a 61.6% earnings payout ratio & 33.2% cfo payout ratio. Areas of concern: -36.8% fcf payout ratio & 2.6x interest coverage. The dividend has been growing at a 5.90% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Payout & Coverage
CautionBalance Sheet
CautionProfitability
SafeDividend Track Record
Very SafeDividend History (2016–2025)
CMS annual dividend per share and yield history
Earnings & Profitability
CMS earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
February 17, 2026
Next Payment Date
February 27, 2026
Dividend Growth
3-Year Dividend CAGR
5.68%
5-Year Dividend CAGR
5.90%
10-Year Dividend CAGR
6.47%
3-Year Total Growth
18.02%
5-Year Total Growth
33.22%
10-Year Total Growth
87.20%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.