Cms Energy's latest quarterly dividend was on Feb 9, 2024 (ex-date) with a payout of $0.515 per share. On an annualized basis, the company has a current payout of $1.98 per share. This brings the dividend yield to 3.27% based on its recent close price. The latest dividend has increased by $0.03, or 6% from the prior distribution.
CMS has a dividend yield of 3.27% which is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.49%, Cms Energy's dividend yield is 6% lower. The current dividend yield is higher than the historical average of 2.8% of the last 5 years.
Cms Energy has a long history of dividend payments, including the last 17 consecutive years with dividend payouts. CMS has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. And with the price of the stock down by 3.4% from a year ago, the dividend yield has increased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 9, 2024 | Feb 29, 2024 | Feb 1, 2024 | $0.515 | normal |
| Nov 2, 2023 | Nov 30, 2023 | Oct 20, 2023 | $0.488 | normal |
| Aug 3, 2023 | Aug 31, 2023 | Jul 21, 2023 | $0.488 | normal |
| May 4, 2023 | May 31, 2023 | Apr 21, 2023 | $0.488 | normal |
| Feb 10, 2023 | Feb 28, 2023 | Feb 2, 2023 | $0.488 | normal |
| Nov 3, 2022 | Nov 30, 2022 | Oct 21, 2022 | $0.46 | normal |
| Aug 4, 2022 | Aug 31, 2022 | Jul 22, 2022 | $0.46 | normal |
| May 5, 2022 | May 31, 2022 | Apr 22, 2022 | $0.46 | normal |
| Feb 10, 2022 | Feb 28, 2022 | Jan 27, 2022 | $0.46 | normal |
| Nov 4, 2021 | Nov 30, 2021 | Oct 22, 2021 | $0.435 | normal |
| Aug 5, 2021 | Aug 31, 2021 | Jul 22, 2021 | $0.435 | normal |
| May 6, 2021 | May 28, 2021 | Apr 22, 2021 | $0.435 | normal |
| Feb 4, 2021 | Feb 26, 2021 | Jan 21, 2021 | $0.435 | normal |
| Nov 5, 2020 | Nov 30, 2020 | Oct 15, 2020 | $0.408 | normal |
| Aug 6, 2020 | Aug 31, 2020 | Jul 16, 2020 | $0.408 | normal |
| May 14, 2020 | May 29, 2020 | Apr 30, 2020 | $0.408 | normal |
| Feb 6, 2020 | Feb 28, 2020 | Jan 16, 2020 | $0.408 | normal |
| Oct 31, 2019 | Nov 27, 2019 | Oct 17, 2019 | $0.383 | normal |
| Aug 1, 2019 | Aug 30, 2019 | Jul 18, 2019 | $0.383 | normal |
| May 2, 2019 | May 31, 2019 | Apr 18, 2019 | $0.383 | normal |
| Jan 31, 2019 | Feb 28, 2019 | Jan 17, 2019 | $0.383 | normal |
| Nov 1, 2018 | Nov 30, 2018 | Oct 18, 2018 | $0.358 | normal |
| Aug 2, 2018 | Aug 31, 2018 | Jul 19, 2018 | $0.358 | normal |
| May 3, 2018 | May 31, 2018 | Apr 19, 2018 | $0.358 | normal |
| Feb 15, 2018 | Feb 28, 2018 | Feb 5, 2018 | $0.358 | normal |
| Nov 2, 2017 | Nov 30, 2017 | Oct 19, 2017 | $0.333 | normal |
| Aug 2, 2017 | Aug 31, 2017 | Jul 20, 2017 | $0.333 | normal |
| May 3, 2017 | May 31, 2017 | Apr 20, 2017 | $0.333 | normal |
| Feb 1, 2017 | Feb 28, 2017 | Jan 19, 2017 | $0.333 | normal |
| Nov 2, 2016 | Nov 30, 2016 | Oct 20, 2016 | $0.31 | normal |
| Aug 3, 2016 | Aug 31, 2016 | Jul 21, 2016 | $0.31 | normal |
| May 4, 2016 | May 31, 2016 | Apr 21, 2016 | $0.31 | normal |
| Feb 3, 2016 | Feb 29, 2016 | Jan 21, 2016 | $0.31 | normal |
| Nov 4, 2015 | Nov 30, 2015 | Oct 16, 2015 | $0.29 | normal |
| Aug 5, 2015 | Aug 31, 2015 | Jul 13, 2015 | $0.29 | normal |
CMS has a payout ratio of 65.7% which is higher than its peers average but lower than the Utilities sector and the industry average. But in comparison with the Utilities sector average of 66%, Cms Energy's payout ratio is only 0.5% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| XEL Xcel Energy Inc | 3.91% | $2.11 | 63.3% |
| EXC Exelon Corp | 3.91% | $1.46 | 62.4% |
| WEC Wec Energy Group Inc | 3.9% | $3.18 | 75.2% |
| LNT Alliant Energy Corp | 3.71% | $1.84 | 66.1% |
| DTE Dte Energy Co | 3.6% | $3.95 | 64.5% |
| AEE Ameren Corp | 3.48% | $2.56 | 58.3% |
| CMS Cms Energy Corp | 3.33% | $1.98 | 60.3% |
| MGEE Mge Energy Inc | 2.18% | $1.69 | 52% |
Yes, Cms Energy has paid four dividends in the last twelve months. CMS has been paying dividends since 2007.
CMS's next dividend is scheduled on May 14, 2024 (ex-date).
Cms Energy's last dividend ex-date was on Feb 9, 2024. The dividend amount was $0.515 per share.
CMS has paid dividend of $1.98 per share in the last year.
Currently Cms Energy's dividend yield is 3.27%.
Cms Energy pays four dividends per year.
The dividend payout ratio of Cms Energy is 65.7%.
Cms Energy's dividend yield is lower than the Utilities sector average.