CMS Dividend History & Analysis | 3% Yield

CMS has a dividend yield of 3% and paid 2.22 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.00%
Payout Ratio 59.8%
Growth Rate CAGR 5y 5.6%
Consistency Lifetime 100%
Yield on Cost 5y 4.2%
Payout FCF -
Streak Years 5
Dividend Rating 62.2%
Chowder Number yield + growth 8.6% below 12% target for healthy growth
Yield vs Average 5y +4.8% avg 2.86% vs now 3.00%
Debt / EBITDA leverage 5.9x elevated
Income per 10k invested 300 USD per year
Dividends Cash Amount per Share Yearly CMS annual dividends paid per share, showing the total cash CMS Energy distributed to shareholders each year.
Dividend Growth Year over Year CMS year-over-year dividend growth rate, showing how CMS Energy's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CMS dividend yield history versus share price over the past 5 years, showing how CMS Energy's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Multi-Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ACE MI
ACEA S.p.A.
5,180 M 5.52% 8.08%
RENE LS
REN - Redes Energéticas
2,760 M 4.64% 9.02%
VIE PA
Veolia Environnement VE
30,372 M 4.40% 7.38%
BIP NYSE
Brookfield Infrastructure
30,091 M 4.90% 6.13%
AVA NYSE
Avista
3,456 M 4.95% 5.84%
NGG NYSE
National Grid
82,112 M 4.06% 6.94%
NWE NASDAQ
NorthWestern
4,432 M 4.11% 5.44%
D NYSE
Dominion Energy
62,709 M 4.34% 4.49%
BKH NYSE
Black Hills
5,751 M 3.99% 5.09%
ED NYSE
Consolidated Edison
41,261 M 3.29% 5.67%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
VIE PA
Veolia Environnement VE
30,372 M 11.21% 100.0%
CNP NYSE
CenterPoint Energy
28,626 M 7.55% 100.0%
DTE NYSE
DTE Energy
31,011 M 7.11% 100.0%
WEC NYSE
WEC Energy
37,445 M 7.03% 100.0%
AEE NYSE
Ameren
31,256 M 6.37% 100.0%
NI NYSE
NiSource
22,184 M 6.11% 100.0%
BIP NYSE
Brookfield Infrastructure
30,091 M 6.04% 100.0%
CMS NYSE
CMS Energy
22,752 M 5.59% 100.0%
PEG NYSE
Public Service Enterprise
40,140 M 5.36% 100.0%
ACE MI
ACEA S.p.A.
5,180 M 8.31% 99.0%

CMS Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.80% 100
Mar - -
Apr - -
May 0.76% 100
Jun - -
Jul - -
Aug 0.74% 100
Sep - -
Oct - -
Nov 0.79% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 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%

CMS Dividend FAQ

What is the Dividend Yield of CMS?

As of July 2026, CMS's dividend yield is 3.00%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.22 USD by the current share price of 72.88.

Does CMS pay a dividend?

As of July 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 3.18%.

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 5.59% 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 4.24%. If you bought CMS's shares at 52.49 USD five years ago, your current annual dividend income (2.22 USD per share, trailing 12 months) equals 4.24% of your original purchase price.

What is the Payout Consistency of CMS?

CMS Payout Consistency is 100.0%. 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 consistent: CMS Energy has a strong track record of consistent dividend payments over its lifetime.

Does CMS have a good Dividend Yield?

CMS's 3.00% 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 62.17%. 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: 88.8%). 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: 2026-07-13 02:06 UTC