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CMS CMS Energy Corporation — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Utilities / Regulated Electric

$67.15 ▼ $-0.53(-0.78%) as of Sep 14, 2026 03:06 UTC
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CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.

Dividend Snapshot

StatusGrowing
Last Dividend$0.5700Paid Sep 01, 2026
Forward Annual$2.28
FrequencyQuarterly
Last Ex-DateAug 07, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth5.3%Annual totals, 2024–2025
10-Yr Growth6.5%Annual totals, 2015–2025

Key Metrics

Current Yield

3.40%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$2.2800

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

67.1

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

32

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$67.15 – $79.94

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

67.25%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

53

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

2.06

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 67/100, yield 3.40%.
A Accelerating
18 consecutive years of dividend increases.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
53 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume2,792,000Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$68.11Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$67.00 – $68.37Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$67.68Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$21.06BAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out313.58MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$3.4112 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)19.9Price as of Sep 14, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateAug 07, 2026Paid Sep 01, 2026The most recent ex-dividend date that has already passed.
Next Ex-Date-None declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)5.7%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)5.9%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases18 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

CMS's dividend yield rose from 3.08% to 3.40% over the past ~90 days (+0.32 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.32 pp from the share price ($74.03 on Jun 16, 2026 → $67.15 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.40%
1-Yr Average3.05%
Low / High2.83% – 3.40%
Percentile100%

Across 333 daily observations over the past 16 months (through Sep 11, 2026), CMS's current yield is higher than approximately 100% of them. Our stored price history for CMS covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.5700 Q Regular Jul 20, 2026 Aug 07, 2026 Aug 07, 2026 Sep 01, 2026
$0.5700 Q Regular Apr 20, 2026 May 08, 2026 May 08, 2026 May 29, 2026
$0.5700 Q Regular Feb 05, 2026 Feb 17, 2026 Feb 17, 2026 Feb 27, 2026
$0.5425 Q Regular Oct 20, 2025 Nov 07, 2025 Nov 07, 2025 Nov 26, 2025
$0.5425 Q Regular Jul 21, 2025 Aug 08, 2025 Aug 08, 2025 Aug 29, 2025
$0.5425 Q Regular Apr 14, 2025 May 09, 2025 May 09, 2025 May 30, 2025
$0.5425 Q Regular Feb 06, 2025 Feb 14, 2025 Feb 17, 2025 Feb 28, 2025
$0.5150 Q Regular Oct 21, 2024 Nov 13, 2024 Nov 13, 2024 Nov 27, 2024
$0.5150 Q Regular Jul 22, 2024 Aug 02, 2024 Aug 02, 2024 Aug 30, 2024
$0.5150 Q Regular Apr 22, 2024 May 14, 2024 May 15, 2024 May 31, 2024
$0.5150 Q Regular Feb 01, 2024 Feb 09, 2024 Feb 12, 2024 Feb 29, 2024
$0.4875 Q Regular Oct 20, 2023 Nov 02, 2023 Nov 03, 2023 Nov 30, 2023
$0.4875 Q Regular Jul 21, 2023 Aug 03, 2023 Aug 04, 2023 Aug 31, 2023
$0.4875 Q Regular Apr 21, 2023 May 04, 2023 May 05, 2023 May 31, 2023
$0.4880 Q Regular Feb 02, 2023 Feb 10, 2023 Feb 13, 2023 Feb 28, 2023
$0.4600 Q Regular Oct 21, 2022 Nov 03, 2022 Nov 04, 2022 Nov 30, 2022
$0.4600 Q Regular Jul 22, 2022 Aug 04, 2022 Aug 05, 2022 Aug 31, 2022
$0.4600 Q Regular Apr 22, 2022 May 05, 2022 May 06, 2022 May 31, 2022
$0.4600 Q Regular Jan 27, 2022 Feb 10, 2022 Feb 11, 2022 Feb 28, 2022
$0.4350 Q Regular Oct 22, 2021 Nov 04, 2021 Nov 05, 2021 Nov 30, 2021
$0.4350 Q Regular Jul 22, 2021 Aug 05, 2021 Aug 06, 2021 Aug 31, 2021
$0.4350 Q Regular Apr 22, 2021 May 06, 2021 May 07, 2021 May 28, 2021
$0.4350 Q Regular Jan 21, 2021 Feb 04, 2021 Feb 05, 2021 Feb 26, 2021
$0.4075 Q Regular Oct 15, 2020 Nov 05, 2020 Nov 06, 2020 Nov 30, 2020
$0.4075 Q Regular Jul 16, 2020 Aug 06, 2020 Aug 07, 2020 Aug 31, 2020
$0.4075 Q Regular Apr 30, 2020 May 14, 2020 May 15, 2020 May 29, 2020
$0.4075 Q Regular Jan 16, 2020 Feb 06, 2020 Feb 07, 2020 Feb 28, 2020
$0.3825 Q Regular Oct 17, 2019 Oct 31, 2019 Nov 01, 2019 Nov 27, 2019
$0.3825 Q Regular Jul 18, 2019 Aug 01, 2019 Aug 02, 2019 Aug 30, 2019
$0.3825 Q Regular Apr 18, 2019 May 02, 2019 May 03, 2019 May 31, 2019
$0.3825 Q Regular Jan 17, 2019 Jan 31, 2019 Feb 01, 2019 Feb 28, 2019
$0.3575 Q Regular Oct 18, 2018 Nov 01, 2018 Nov 02, 2018 Nov 30, 2018
$0.3575 Q Regular Jul 19, 2018 Aug 02, 2018 Aug 03, 2018 Aug 31, 2018
$0.3575 Q Regular Apr 19, 2018 May 03, 2018 May 04, 2018 May 31, 2018
$0.3575 Q Regular Feb 05, 2018 Feb 15, 2018 Feb 16, 2018 Feb 28, 2018
$0.3325 Q Regular Oct 19, 2017 Nov 02, 2017 Nov 03, 2017 Nov 30, 2017
$0.3325 Q Regular Jul 20, 2017 Aug 02, 2017 Aug 04, 2017 Aug 31, 2017
$0.3325 Q Regular Apr 20, 2017 May 03, 2017 May 05, 2017 May 31, 2017
$0.3325 Q Regular Jan 19, 2017 Feb 01, 2017 Feb 03, 2017 Feb 28, 2017
$0.3100 Q Regular Oct 20, 2016 Nov 02, 2016 Nov 04, 2016 Nov 30, 2016
$0.3100 Q Regular Jul 21, 2016 Aug 03, 2016 Aug 05, 2016 Aug 31, 2016
$0.3100 Q Regular Apr 21, 2016 May 04, 2016 May 06, 2016 May 31, 2016
$0.3100 Q Regular Jan 21, 2016 Feb 03, 2016 Feb 05, 2016 Feb 29, 2016
$0.2900 Q Regular Oct 16, 2015 Nov 04, 2015 Nov 06, 2015 Nov 30, 2015
$0.2900 Q Regular Jul 13, 2015 Aug 05, 2015 Aug 07, 2015 Aug 31, 2015
$0.2900 Q Regular Apr 13, 2015 May 06, 2015 May 08, 2015 May 29, 2015
$0.2900 Q Regular Jan 22, 2015 Feb 04, 2015 Feb 06, 2015 Feb 27, 2015
$0.2700 Q Regular Oct 17, 2014 Nov 05, 2014 Nov 07, 2014 Nov 26, 2014
$0.2700 Q Regular Jul 14, 2014 Jul 30, 2014 Aug 01, 2014 Aug 29, 2014
$0.2700 Q Regular Apr 14, 2014 Apr 30, 2014 May 02, 2014 May 30, 2014
$0.2700 Q Regular Jan 23, 2014 Feb 05, 2014 Feb 07, 2014 Feb 28, 2014
$0.2550 Q Regular Oct 21, 2013 Oct 30, 2013 Nov 01, 2013 Nov 27, 2013
$0.2550 Q Regular Jul 15, 2013 Jul 31, 2013 Aug 02, 2013 Aug 30, 2013
$0.2550 Q Regular Apr 15, 2013 May 01, 2013 May 03, 2013 May 31, 2013
$0.2550 Q Regular Jan 25, 2013 Feb 06, 2013 Feb 08, 2013 Feb 28, 2013
$0.2400 Q Regular Oct 22, 2012 Oct 31, 2012 Nov 02, 2012 Nov 30, 2012
$0.2400 Q Regular Jul 16, 2012 Aug 01, 2012 Aug 03, 2012 Aug 31, 2012
$0.2400 Q Regular Apr 17, 2012 May 02, 2012 May 04, 2012 May 31, 2012
$0.2400 Q Regular Jan 27, 2012 Feb 08, 2012 Feb 10, 2012 Feb 29, 2012
$0.2100 Q Regular Oct 21, 2011 Nov 02, 2011 Nov 04, 2011 Nov 30, 2011
$0.2100 Q Regular Jul 22, 2011 Aug 03, 2011 Aug 05, 2011 Aug 31, 2011
$0.2100 Q Regular Apr 19, 2011 May 04, 2011 May 06, 2011 May 31, 2011
$0.2100 Q Regular Jan 28, 2011 Feb 03, 2011 Feb 07, 2011 Feb 28, 2011
$0.2100 Q Regular Oct 25, 2010 Nov 03, 2010 Nov 05, 2010 Nov 30, 2010
$0.1500 Q Regular Jul 20, 2010 Aug 04, 2010 Aug 06, 2010 Aug 31, 2010
$0.1500 Q Regular Apr 20, 2010 May 05, 2010 May 07, 2010 May 28, 2010
$0.1500 Q Regular Jan 29, 2010 Feb 04, 2010 Feb 08, 2010 Feb 26, 2010
$0.1250 Q Regular Oct 23, 2009 Nov 04, 2009 Nov 06, 2009 Nov 30, 2009
$0.1250 Q Regular Jul 22, 2009 Aug 06, 2009 Aug 10, 2009 Aug 31, 2009
$0.1250 Q Regular Apr 20, 2009 May 06, 2009 May 08, 2009 May 29, 2009
$0.1250 Q Regular Jan 23, 2009 Feb 04, 2009 Feb 06, 2009 Feb 27, 2009
$0.0900 Q Regular Oct 24, 2008 Nov 05, 2008 Nov 07, 2008 Nov 28, 2008
$0.0900 Q Regular Jul 25, 2008 Aug 06, 2008 Aug 08, 2008 Aug 29, 2008
$0.0900 Q Regular Apr 25, 2008 May 07, 2008 May 09, 2008 May 30, 2008
$0.0900 Q Regular Jan 25, 2008 Feb 06, 2008 Feb 08, 2008 Feb 29, 2008
$0.0500 Q Regular Oct 26, 2007 Nov 07, 2007 Nov 09, 2007 Nov 30, 2007
$0.0500 Q Regular Jul 20, 2007 Aug 08, 2007 Aug 10, 2007 Aug 31, 2007
$0.0500 Q Regular Apr 24, 2007 May 08, 2007 May 10, 2007 May 31, 2007
$0.0500 Q Regular Jan 26, 2007 Feb 05, 2007 Feb 07, 2007 Feb 28, 2007
$0.1800 Q Regular Oct 31, 2002 Nov 06, 2002 Nov 11, 2002 Nov 22, 2002
$0.1800 Q Regular Aug 01, 2002 Aug 08, 2002 Aug 12, 2002 Aug 22, 2002
$0.3650 Q Regular Apr 23, 2002 May 03, 2002 May 07, 2002 May 22, 2002
$0.3650 Q Regular Jan 28, 2002 Feb 05, 2002 Feb 07, 2002 Feb 22, 2002
$0.3650 Q Regular Sep 28, 2001 Nov 05, 2001 Nov 07, 2001 Nov 23, 2001
$0.3650 Q Regular Jul 27, 2001 Aug 03, 2001 Aug 07, 2001 Aug 22, 2001
$0.3650 Q Regular Apr 27, 2001 May 03, 2001 May 07, 2001 May 22, 2001
$0.3650 Q Regular Jan 29, 2001 Feb 05, 2001 Feb 07, 2001 Feb 22, 2001
$0.3650 Q Regular Oct 23, 2000 Oct 31, 2000 Nov 02, 2000 Nov 22, 2000
$0.3650 Q Regular Jul 28, 2000 Aug 08, 2000 Aug 10, 2000 Aug 22, 2000
$0.3650 Q Regular Apr 03, 2000 Apr 28, 2000 May 02, 2000 May 22, 2000
$0.3650 Q Regular Jan 31, 2000 Feb 04, 2000 Feb 08, 2000 Feb 22, 2000
$0.3650 Q Regular Sep 24, 1999 Nov 01, 1999 Nov 03, 1999 Nov 22, 1999
$0.3650 M Regular - Sep 15, 1999 - -
$0.3650 Q Regular Jul 26, 1999 Jul 29, 1999 Aug 02, 1999 Aug 20, 1999
$0.3300 Q Regular Apr 23, 1999 Apr 29, 1999 May 03, 1999 May 21, 1999
$0.3300 Q Regular Jan 22, 1999 Jan 29, 1999 Feb 02, 1999 Feb 22, 1999
$0.3300 Q Regular Oct 23, 1998 Oct 30, 1998 Nov 03, 1998 Nov 20, 1998
$0.3300 Q Regular Jul 24, 1998 Aug 03, 1998 Aug 05, 1998 Aug 21, 1998
$0.3000 Q Regular Apr 24, 1998 Apr 30, 1998 May 04, 1998 May 22, 1998
$0.3000 Q Regular Jan 23, 1998 Jan 30, 1998 Feb 03, 1998 Feb 20, 1998
$0.3000 Q Regular Oct 24, 1997 Oct 30, 1997 Nov 03, 1997 Nov 21, 1997
$0.3000 Q Regular May 27, 1997 Jul 31, 1997 Aug 04, 1997 Aug 22, 1997
$0.2700 Q Regular Apr 25, 1997 May 01, 1997 May 05, 1997 May 22, 1997
$0.2700 Q Regular Jan 24, 1997 Jan 31, 1997 Feb 04, 1997 Feb 21, 1997
$0.2700 Q Regular Oct 25, 1996 Nov 06, 1996 Nov 08, 1996 Nov 22, 1996
$0.2700 Q Regular May 24, 1996 Aug 06, 1996 Aug 08, 1996 Aug 22, 1996
$0.2400 Q Regular Apr 26, 1996 May 06, 1996 May 08, 1996 May 22, 1996
$0.2400 Q Regular Jan 29, 1996 Feb 06, 1996 Feb 08, 1996 Feb 22, 1996
$0.2400 Q Regular Oct 27, 1995 Nov 06, 1995 Nov 08, 1995 Nov 22, 1995
$0.2400 Q Regular Jul 28, 1995 Aug 04, 1995 Aug 08, 1995 Aug 22, 1995
$0.2100 Q Regular Apr 28, 1995 May 02, 1995 May 08, 1995 May 22, 1995
$0.2100 Q Regular - Feb 02, 1995 Feb 08, 1995 Feb 22, 1995
$0.2100 Q Regular - Nov 01, 1994 Nov 07, 1994 Nov 22, 1994
$0.2100 Q Regular - Aug 02, 1994 Aug 08, 1994 Aug 22, 1994
$0.1800 Q Regular - May 03, 1994 May 06, 1994 May 23, 1994
$0.1800 Q Regular - Feb 02, 1994 Feb 08, 1994 Feb 22, 1994
$0.1800 Q Regular - Oct 26, 1993 Nov 01, 1993 Nov 22, 1993
$0.1800 Q Regular - Aug 03, 1993 Aug 09, 1993 Aug 23, 1993
$0.1200 Q Regular - May 04, 1993 May 10, 1993 May 21, 1993
$0.1200 Q Regular - Feb 01, 1993 Feb 05, 1993 Feb 22, 1993

Peer Comparison

Selected Regulated Electric dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
TEPCF Tohoku Electric Power Company, Incorporated 3.48% -6.4% 2 yrs 78
DUK Duke Energy Corporation 3.63% 2.0% 19 yrs 77
EIX Edison International 6.27% 5.2% 1 yr 74
CGKEF The Chugoku Electric Power Co., Inc. 2.98% -14.4% 0 yrs 74

CMS dividend — frequently asked questions

Does CMS Energy Corporation pay a dividend?

Yes. CMS Energy Corporation (CMS) currently pays a dividend. The annualized dividend is about $2.28 per share, a yield of approximately 3.40%.

What is CMS Energy Corporation's dividend yield?

CMS Energy Corporation's dividend yield is approximately 3.40%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does CMS Energy Corporation pay dividends?

CMS Energy Corporation pays dividends quarterly — 4 times per year.

How long has CMS Energy Corporation paid dividends?

CMS Energy Corporation has 53 years of dividend payments on record, and has increased its dividend for 18 consecutive years.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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