CMS Dividend History & Analysis | 3.8% Yield

CMS has a dividend yield of 3.8% and paid 2.22 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.77%
Payout Ratio 59.8%
Growth Rate CAGR 5y 5.68%
Consistency Lifetime 58.7%
Yield on Cost 5y 4.17%
Payout FCF -
Streak Years 19
Dividend Rating 57.59%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Multi-Utilities

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
NGG 86,186 M 4.30% 10.78%
BIP 18,235 M 5.03% 7.60%
ACE 5,711 M 4.66% 6.36%
NWE 4,416 M 4.42% 6.62%
D 59,517 M 4.54% 5.52%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
VIE 29,569 M 20.01% 94.9%
CNP 27,802 M 7.87% 94.9%
WEC 36,517 M 7.13% 98.3%
AEE 30,800 M 6.59% 96.5%
NI 22,543 M 6.21% 93.0%
CMS Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-08 2026-05-08 2026-05-29 Quarterly 0.57 0% 0.77%
2026-02-17 2026-02-17 2026-02-27 Quarterly 0.57 +5.1% 0.74%
2025-11-07 2025-11-07 2025-11-26 Quarterly 0.5425 0% 0.75%
2025-08-08 2025-08-08 2025-08-29 Quarterly 0.5425 0% 0.73%
2025-05-09 2025-05-09 2025-05-30 Quarterly 0.5425 0% 0.75%
2025-02-14 2025-02-17 2025-02-28 Quarterly 0.5425 +5.3% 0.78%
2024-11-13 2024-11-13 2024-11-27 Quarterly 0.515 0% 0.76%
2024-08-02 2024-08-02 2024-08-30 Quarterly 0.515 0% 0.78%
2024-05-14 2024-05-15 2024-05-31 Quarterly 0.515 0% 0.82%
2024-02-09 2024-02-12 2024-02-29 Quarterly 0.515 +5.6% 0.92%
2023-11-02 2023-11-03 2023-11-30 Quarterly 0.4875 0% 0.9%
2023-08-03 2023-08-04 2023-08-31 Quarterly 0.4875 0% 0.82%
2023-05-04 2023-05-05 2023-05-31 Quarterly 0.4875 0% 0.8%
2023-02-10 2023-02-13 2023-02-28 Quarterly 0.4875 +6% 0.81%
2022-11-03 2022-11-04 2022-11-30 Quarterly 0.46 0% 0.82%
2022-08-04 2022-08-05 2022-08-31 Quarterly 0.46 0% 0.67%
2022-05-05 2022-05-06 2022-05-31 Quarterly 0.46 0% 0.67%
2022-02-10 2022-02-11 2022-02-28 Quarterly 0.46 +5.7% 0.72%
2021-11-04 2021-11-05 2021-11-30 Quarterly 0.435 0% 0.73%
2021-08-05 2021-08-06 2021-08-31 Quarterly 0.435 0% 0.69%
2021-05-06 2021-05-07 2021-05-28 Quarterly 0.435 0% N/A
2021-02-04 2021-02-05 2021-02-26 Quarterly 0.435 +6.7% N/A
2020-11-05 2020-11-06 2020-11-30 Quarterly 0.4075 0% N/A
2020-08-06 2020-08-07 2020-08-31 Quarterly 0.4075 0% N/A
2020-05-14 2020-05-15 2020-05-29 Quarterly 0.4075 0% N/A
2020-02-06 2020-02-07 2020-02-28 Quarterly 0.4075 +6.5% N/A
2019-10-31 2019-11-01 2019-11-27 Quarterly 0.3825 0% N/A
2019-08-01 2019-08-02 2019-08-30 Quarterly 0.3825 0% N/A
2019-05-02 2019-05-03 2019-05-31 Quarterly 0.3825 0% N/A
2019-01-31 2019-02-01 2019-02-28 Quarterly 0.3825 +7% N/A
2018-11-01 2018-11-02 2018-11-30 Quarterly 0.3575 0% N/A
2018-08-02 2018-08-03 2018-08-31 Quarterly 0.3575 0% N/A
2018-05-03 2018-05-04 2018-05-31 Quarterly 0.3575 0% N/A
2018-02-15 2018-02-16 2018-02-28 Quarterly 0.3575 +7.5% N/A
2017-11-02 2017-11-03 2017-11-30 Quarterly 0.3325 0% N/A
2017-08-02 2017-08-04 2017-08-31 Quarterly 0.3325 0% N/A
2017-05-03 2017-05-05 2017-05-31 Quarterly 0.3325 0% N/A
2017-02-01 2017-02-03 2017-02-28 Quarterly 0.3325 +7.3% N/A
2016-11-02 2016-11-04 2016-11-30 Quarterly 0.31 0% N/A
2016-08-03 2016-08-05 2016-08-31 Quarterly 0.31 0% N/A
2016-05-04 2016-05-06 2016-05-31 Quarterly 0.31 0% N/A
2016-02-03 2016-02-05 2016-02-29 Quarterly 0.31 +6.9% N/A
2015-11-04 2015-11-06 2015-11-30 Quarterly 0.29 0% N/A
2015-08-05 2015-08-07 2015-08-31 Quarterly 0.29 0% N/A
2015-05-06 2015-05-08 2015-05-29 Quarterly 0.29 0% N/A
2015-02-04 2015-02-06 2015-02-27 Quarterly 0.29 +7.4% N/A
2014-11-05 2014-11-07 2014-11-26 Quarterly 0.27 0% N/A
2014-07-30 2014-08-01 2014-08-29 Quarterly 0.27 0% N/A
2014-04-30 2014-05-02 2014-05-30 Quarterly 0.27 0% N/A
2014-02-05 2014-02-07 2014-02-28 Quarterly 0.27 0% N/A

CMS Dividend FAQ

What is the Dividend Yield of CMS?

As of May 2026, CMS's dividend yield is 3.77%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.22 USD by the current share price of 74.53.

Does CMS pay a dividend?

As of May 2026, CMS paid a dividend of 2.22 USD in the last 12 months. The last dividend was paid on 2026-05-08 and the payout was 0.57 USD.

How often does CMS pay dividends?

CMS pays dividends quarterly. Over the last 12 months, CMS has issued 4 dividend payments. The last dividend payment was made on 2026-05-08.

CMS dividend forecast

Based on historical data, the forecasted dividends per share for CMS for the next payments are between 0.567 (-0.5%) and 0.599 (+5.1%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.11%.

Will CMS pay dividends in 2026?

The latest dividend paid per share was 0.57 USD with an Ex-Dividend Date of 2026-05-08. The next Ex-Dividend date for CMS Energy (CMS) is currently unknown.

What is the next Ex-Dividend Date for CMS?

The next Ex-Dividend date for CMS Energy (CMS) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CMS?

CMS's average dividend growth rate over the past 5 years is 5.68% per year. Strong growth: CMS's dividend growth is outpacing inflation.

What is the Yield on Cost of CMS?

CMS's 5-Year Yield on Cost is 4.17%. If you bought CMS's shares at 53.41 USD five years ago, your current annual dividend income (2.22 USD per share, trailing 12 months) equals 4.17% of your original purchase price.

What is the Payout Consistency of CMS?

CMS Payout Consistency is 58.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very unstable: CMS Energy has a poor track record of dividend payments over its lifetime.

Does CMS have a good Dividend Yield?

CMS's 3.77% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of CMS?

The Dividend Payout Ratio of CMS is 59.8%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CMS?

CMS's Overall Dividend Rating is 57.59%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CMS Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in CMS's Outstanding Shares?

CMS Energy's outstanding shares have increased by approximately 0.93% annually over the past 3 years (Trend Reliability: 93.2%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has CMS ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 88,065,000 0%
1986 87,987,000 -0.09%
1987 86,320,000 -1.89%
1988 82,122,000 -4.86%
1989 82,168,700 +0.06%
1990 81,529,000 -0.78%
1991 80,555,600 -1.19%
1992 76,923,100 -4.51%
1993 80,000,000 +4%
1994 86,868,700 +8.59%
1995 106,024,100 +22.05%
1996 106,329,100 +0.29%
1997 113,698,600 +6.93%
1998 119,512,200 +5.11%
1999 113,000,000 -5.45%
2000 125,000,000 +10.62%
2001 133,000,000 +6.4%
2002 143,636,400 +8%
2003 157,142,900 +9.4%
2004 194,805,200 +23.97%
2005 225,000,000 +15.5%
2006 220,618,600 -1.95%
2007 223,913,000 +1.49%
2008 226,600,000 +1.2%
2009 229,729,700 +1.38%
2010 250,000,000 +8.82%
2011 255,600,000 +2.24%
2012 262,900,000 +2.86%
2013 272,000,000 +3.46%
2014 275,000,000 +1.1%
2015 277,000,000 +0.73%
2016 279,000,000 +0.72%
2017 280,800,000 +0.65%
2018 283,300,000 +0.89%
2019 284,800,000 +0.53%
2020 286,900,000 +0.74%
2021 289,700,000 +0.98%
2022 291,300,000 +0.55%
2023 294,400,000 +1.06%
2024 298,784,900 +1.49%
2025 300,566,600 +0.6%
2026 300,566,600 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-18 02:15 UTC