CMS Energy Corporation (CMS) to Issue Quarterly Dividend of $0.57 on December 1st

CMS Energy Corporation (NYSE:CMS) announced a quarterly dividend on Monday, October 19th. Shareholders of record on Friday, November 6th will be given a dividend of $0.57 per share by the utilities provider on Tuesday, December 1st. This represents a $2.28 annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, November 6th.

CMS Energy has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 3 years. CMS Energy has a dividend payout ratio of 59.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CMS Energy to earn $4.16 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 54.8%.

CMS Energy Price Performance

Shares of CMS stock opened at $68.38 on Wednesday. The stock has a 50 day moving average of $66.94 and a two-hundred day moving average of $71.88. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The company has a market capitalization of $21.44 billion, a P/E ratio of 20.53, a P/E/G ratio of 2.46 and a beta of 0.32. CMS Energy has a 12 month low of $62.28 and a 12 month high of $80.36.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%. The company’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, equities analysts expect that CMS Energy will post 3.87 EPS for the current year.

CMS Energy Company Profile

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.