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CMSD CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 — dividend yield, history & ex-dividend dates

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

$19.70 ▼ $-0.01(-0.05%) as of Oct 30, 2026 06:20 UTC
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Operating primarily in Michigan, CMS Energy Corporation functions as an energy provider, structured into three principal divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment manages the full spectrum of electricity services, from generating power using a varied portfolio including coal, wind, gas, renewable sources, oil, and nuclear, to its purchase, transmission, distribution, and ultimate sale. This division maintains a substantial infrastructure, featuring extensive overhead and underground distribution lines, numerous substations, and several battery facilities. Meanwhile, the Gas Utility segment focuses on the acquisition, transport, storage, distribution, and sale of natural gas, supported by a broad network of transmission lines, multiple gas storage fields, and compressor stations. The Enterprises segment is dedicated to independent power production and marketing, with a notable emphasis on the development and operation of renewable energy projects. Overall, CMS Energy caters to a significant clientele, providing electricity to 1.9 million customers and natural gas to 1.8 million, encompassing residential, commercial, and various industrial sectors. The company was founded in 1987 and is headquartered in Jackson, Michigan.

Dividend Snapshot

StatusFlat
Last Dividend$0.3672Paid Sep 01, 2026
Forward Annual$1.47Regular dividends paid over the last 12 months
FrequencyQuarterly
Last Ex-DateAug 17, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 16, 2026$0.3672, scheduled; no declaration on fileThe 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.
Next Pay DateDec 01, 2026
1-Yr Growth0.0%Annual totals, 2024–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

Not Rated

scores apply to common shares

Dividend Growth Score

Not Rated

scores apply to common shares

Dividend Value Score

Not Rated

scores apply to common shares

DividendRank

Not Rated

Safety Score not rated (scores apply to common shares)

Key Metrics

Current Yield

7.46%

At the Oct 30, 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

$1.4688

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

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

RSI (14)

41

As of Oct 30, 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

$19.60 – $24.70

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing 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

7

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)

2.14

Price as of Oct 25, 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 a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score not rated, yield 7.46%.
A Accelerating
Dividend growth has stalled — 1 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
7 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume42,100Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$19.67Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$19.60 – $19.82Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$19.60Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$6.18BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out313.63MImplied by market cap, Oct 30, 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)20.6Price as of Oct 25, 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 17, 2026Paid Sep 01, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 16, 2026Pays Dec 01, 2026; scheduled, not yet declaredThe 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)0.2%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)-0.1%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases1 yrAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

CMSD's dividend yield rose from 6.67% to 7.46% over the past ~90 days (+0.79 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.79 pp from the share price ($22.02 on Aug 03, 2026 → $19.70 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current7.46%
1-Yr Average7.72%
Low / High5.95% – 8.51%
Percentile29%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), CMSD's current yield is higher than approximately 29% of them. Our stored price history for CMSD covers the past 13 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
$0.3672 Q Regular upcoming, not yet declared N/A Nov 16, 2026 Nov 16, 2026 Dec 01, 2026
$0.3672 Q Regular N/A Aug 17, 2026 Aug 17, 2026 Sep 01, 2026
$0.3672 Q Regular N/A May 15, 2026 May 15, 2026 Jun 01, 2026
$0.3672 Q Regular N/A Feb 13, 2026 Feb 14, 2026 Mar 02, 2026
$0.3672 Q Regular N/A Nov 14, 2025 Nov 14, 2025 Dec 01, 2025
$0.3672 Q Regular N/A Aug 15, 2025 Aug 17, 2025 Sep 02, 2025
$0.3672 Q Regular N/A May 16, 2025 May 17, 2025 Jun 02, 2025
$0.3672 Q Regular N/A Feb 14, 2025 Feb 14, 2025 Mar 03, 2025
$0.3672 Q Regular N/A Nov 15, 2024 Nov 15, 2024 Dec 02, 2024
$0.3672 Q Regular N/A Aug 16, 2024 Aug 17, 2024 Sep 03, 2024
$0.3672 Q Regular N/A May 16, 2024 May 17, 2024 Jun 03, 2024
$0.3672 Q Regular N/A Feb 14, 2024 Feb 15, 2024 Mar 01, 2024
$0.3672 Q Regular N/A Nov 15, 2023 Nov 16, 2023 Dec 01, 2023
$0.3672 Q Regular N/A Aug 16, 2023 Aug 17, 2023 Sep 01, 2023
$0.3672 Q Regular N/A May 16, 2023 May 17, 2023 Jun 01, 2023
$0.3670 Q Regular N/A Feb 13, 2023 Feb 14, 2023 Mar 01, 2023
$0.3670 Q Regular N/A Nov 15, 2022 Nov 16, 2022 Dec 01, 2022
$0.3670 Q Regular N/A Aug 16, 2022 Aug 17, 2022 Sep 01, 2022
$0.3670 Q Regular N/A May 16, 2022 May 17, 2022 Jun 01, 2022
$0.3590 Q Regular N/A Feb 11, 2022 Feb 14, 2022 Mar 01, 2022
$0.3670 Q Regular N/A Nov 15, 2021 Nov 16, 2021 Dec 01, 2021
$0.3710 Q Regular N/A Aug 16, 2021 Aug 17, 2021 Sep 01, 2021
$0.3710 Q Regular N/A May 14, 2021 May 17, 2021 Jun 01, 2021
$0.3670 Q Regular N/A Feb 11, 2021 Feb 14, 2021 Mar 01, 2021
$0.3670 Q Regular N/A Nov 13, 2020 Nov 16, 2020 Dec 01, 2020
$0.3710 Q Regular N/A Aug 14, 2020 Aug 17, 2020 Sep 01, 2020
$0.3672 Q Regular N/A May 14, 2020 May 15, 2020 Jun 01, 2020
$0.3670 Q Regular N/A Feb 13, 2020 Feb 15, 2020 Mar 01, 2020
$0.3670 Q Regular N/A Nov 14, 2019 Nov 15, 2019 Dec 01, 2019
$0.3670 Q Regular N/A Aug 15, 2019 Aug 17, 2019 Sep 01, 2019
$0.4120 Q Regular N/A May 16, 2019 May 17, 2019 Jun 01, 2019

Peer Comparison

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

TickerNameYield5-Yr GrowthStreakRank
NEE NextEra Energy, Inc. 3.03% 10.1% 30 yrs 84
EIX Edison International 5.91% 5.2% 20 yrs 80
PEG Public Service Enterprise Group Incorporated 3.64% 5.2% 14 yrs 77
AEP American Electric Power Company, Inc. 3.00% 5.7% 16 yrs 69

Related Guides & Lists

CMSD dividend — frequently asked questions

Does CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 pay a dividend?

Yes. CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 (CMSD) currently pays a dividend. The annualized dividend is about $1.47 per share, a yield of approximately 7.46%.

What is CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079's dividend yield?

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079's dividend yield is approximately 7.46%, 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 5.875% Junior Subordinated Notes due 2079 pay dividends?

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 pays dividends quarterly — 4 times per year.

When is CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079's next ex-dividend date?

The next scheduled ex-dividend date for CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 is November 16, 2026; no declaration is on file yet. The associated payment is $0.3672 per share; you must own the shares before the ex-dividend date to receive it.

How long has CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 paid dividends?

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 has 7 years of dividend payments on record.

Data updated Oct 30, 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.