# CMS Energy Corporation (CMS): Dividend & Fundamentals

> Markdown mirror of https://www.dividenddata.com/stocks/cms for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Sector: Utilities · Industry: Regulated Electric
- Exchange: NYSE · Trading currency: USD

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...

## Quote & Key Metrics

As of 2026-10-22:

| Metric | Value |
|---|---|
| Price | $70.30 USD |
| Market Cap | $22.04B |
| P/E (TTM) | 20.80 |
| EPS (TTM) | $3.38 |
| 52-Week Range | $62.29 – $80.36 |
| Dividend Yield (TTM) | 3.20% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 3.20% |
| Annual Dividend (TTM) | $2.25 /share |
| Annual Dividend (Forward) | $2.28 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 19 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 5.1% / 5.3% / 5.6% / 6.3% |
| Payout Ratio (EPS, TTM) | 65.8% |
| Payout Ratio (FCF, TTM) | -35.0% |
| Payout Ratio (EPS, forward dividend) | 67.5% |
| Payout Ratio (FCF, forward dividend) | -35.9% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-11-06 | $0.5700 | 2026-12-01 |
| 2026-08-07 | $0.5700 | 2026-09-01 |
| 2026-05-08 | $0.5700 | 2026-05-29 |
| 2026-02-17 | $0.5700 | 2026-02-27 |
| 2025-11-07 | $0.5425 | 2025-11-26 |
| 2025-08-08 | $0.5425 | 2025-08-29 |
| 2025-05-09 | $0.5425 | 2025-05-30 |
| 2025-02-14 | $0.5425 | 2025-02-28 |
| 2024-11-13 | $0.5150 | 2024-11-27 |
| 2024-08-02 | $0.5150 | 2024-08-30 |
| 2024-05-14 | $0.5150 | 2024-05-31 |
| 2024-02-09 | $0.5150 | 2024-02-29 |

Full history: https://www.dividenddata.com/stocks/cms/dividend

## Frequently Asked Questions

### What does CMS Energy Corporation do?

CMS Energy Corporation (CMS) operates in the Regulated Electric industry within the Utilities sector. Full company description, peers, and segment breakdown are on the page above.

### What is CMS's market cap?

CMS Energy Corporation (CMS) has a market capitalization of approximately $22.04 billion, as of October 22, 2026, based on the most recent share price and shares outstanding.

### Does CMS pay a dividend?

Yes, CMS Energy Corporation (CMS) pays a dividend quarterly, with a trailing-twelve-month yield of 3.20%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does CMS pay dividends?

CMS Energy Corporation pays dividends quarterly. The forward annual rate is $2.28 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is CMS's payout ratio?

CMS Energy Corporation's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/cms
- Dividend history & safety: https://www.dividenddata.com/stocks/cms/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/cms/earnings
- Financial statements: https://www.dividenddata.com/stocks/cms/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/cms/valuation
- Peer comparison: https://www.dividenddata.com/stocks/cms/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.