CMS CMS Energy Corporation — dividend yield, history & ex-dividend dates
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
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
Quote & Key Data
Dividend Growth
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
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.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| 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 |
Related Guides & Lists
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.