CMS Dividend History & Yield

CMS Energy Corporation · NYSE

Stock Utilities Quarterly payer Dividend growthUtility
$68.79
+0.48% today
as of Sep 8, 2026
TTM yield
3.28%
$2.253/share over the last 12 months
Forward yield
3.31%
$2.28/share indicated annual rate
Annual dividend
$2.28
per share, forward
Per payment
$0.57
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 6, 2026 Estimated
in 59 days
Next pay date
Nov 20, 2026
in 73 days
Last ex-dividend date
Aug 7, 2026
$0.57 per share
Payout ratio
67%
of earnings
Market cap
21.6B
P/E 20.7
5y dividend CAGR
+5.6%
annualised, regular payments
Growth streak
14 yrs
consecutive annual raises
Years paying
53.4
since Apr 13, 1973
1y total return
-0.7%
price -3.9% + dividends 3.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 6, 2026 (in 59 days) Nov 20, 2026 $0.57 $57.00 Estimated
Fri, Feb 5, 2027 (in 150 days) Feb 19, 2027 $0.57 $57.00 Estimated
Fri, May 7, 2027 (in 241 days) May 21, 2027 $0.57 $57.00 Estimated
Fri, Aug 6, 2027 (in 332 days) Aug 20, 2027 $0.57 $57.00 Estimated

Estimated dates and amounts are projected from CMS's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.28 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 2, 2016 to Aug 7, 2026; most recent $0.57$0.00$0.30$0.60Nov 2, 2016: $0.31Nov '16Feb 1, 2017: $0.333May 3, 2017: $0.333Aug 2, 2017: $0.333Nov 2, 2017: $0.333Feb 15, 2018: $0.358Feb '18May 3, 2018: $0.358Aug 2, 2018: $0.358Nov 1, 2018: $0.358Jan 31, 2019: $0.383May 2, 2019: $0.383May '19Aug 1, 2019: $0.383Oct 31, 2019: $0.383Feb 6, 2020: $0.408May 14, 2020: $0.408Aug 6, 2020: $0.408Aug '20Nov 5, 2020: $0.408Feb 4, 2021: $0.435May 6, 2021: $0.435Aug 5, 2021: $0.435Nov 4, 2021: $0.435Nov '21Feb 10, 2022: $0.46May 5, 2022: $0.46Aug 4, 2022: $0.46Nov 3, 2022: $0.46Feb 10, 2023: $0.488Feb '23May 4, 2023: $0.488Aug 3, 2023: $0.488Nov 2, 2023: $0.488Feb 9, 2024: $0.515May 14, 2024: $0.515May '24Aug 2, 2024: $0.515Nov 13, 2024: $0.515Feb 14, 2025: $0.543May 9, 2025: $0.543Aug 8, 2025: $0.543Aug '25Nov 7, 2025: $0.543Feb 17, 2026: $0.57May 8, 2026: $0.57Aug 7, 2026: $0.57

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $1.332$1.33220172018: $1.432$1.43220182019: $1.532$1.53220192020: $1.632$1.63220202021: $1.74$1.7420212022: $1.84$1.8420222023: $1.952$1.95220232024: $2.06$2.0620242025: $2.172$2.17220252026 (YTD): $1.71$1.712026 YTD

How much CMS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month527$36,205$1,200
$500 / month2,632$181,026$6,000
$1,000 / month5,264$362,053$12,000

Based on the forward yield of 3.31%. $10,000 in CMS would currently pay about $331 a year ($28 a month on average). Model reinvestment and growth →

CMS dividend history

Show all 134 payments
Ex-datePay dateAmountChange
Aug 7, 2026 $0.57 +0.0%
May 8, 2026 $0.57 +0.0%
Feb 17, 2026 $0.57 +5.0%
Nov 7, 2025 $0.543 +0.0%
Aug 8, 2025 $0.543 +0.0%
May 9, 2025 $0.543 +0.0%
Feb 14, 2025 $0.543 +5.4%
Nov 13, 2024 $0.515 +0.0%
Aug 2, 2024 $0.515 +0.0%
May 14, 2024 $0.515 +0.0%
Feb 9, 2024 $0.515 +5.5%
Nov 2, 2023 $0.488 +0.0%
Aug 3, 2023 $0.488 +0.0%
May 4, 2023 $0.488 +0.0%
Feb 10, 2023 $0.488 +6.1%
Nov 3, 2022 $0.46 +0.0%
Aug 4, 2022 $0.46 +0.0%
May 5, 2022 $0.46 +0.0%
Feb 10, 2022 $0.46 +5.7%
Nov 4, 2021 $0.435 +0.0%
Aug 5, 2021 $0.435 +0.0%
May 6, 2021 $0.435 +0.0%
Feb 4, 2021 $0.435 +6.6%
Nov 5, 2020 $0.408 +0.0%

Payout risk check

Yield-trap heuristicLow risk

CMS scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About CMS Energy Corporation

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.

Sector: Utilities. Industry: Utilities - Regulated Electric. First dividend on our records: Apr 13, 1973. 134 payments tracked.

CMS dividend FAQ

When is CMS's next ex-dividend date?

CMS's next ex-dividend date is Nov 6, 2026 (in 59 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.57 per share, expected on Nov 20, 2026.

How often does CMS pay dividends?

CMS pays dividends every quarter, 4 times a year. The most recent payment was $0.57 per share with an ex-date of Aug 7, 2026.

What is CMS's dividend yield?

CMS's trailing 12-month dividend yield is 3.28%, based on $2.253 per share paid over the last year and a share price of $68.79. The forward yield, using the indicated annual rate of $2.28 per share, is 3.31%.

How much does CMS pay per share?

CMS pays about $0.57 per share each quarter, which works out to roughly $2.28 per share a year. 100 shares would collect about $228.00 a year.

Has CMS grown or cut its dividend?

CMS has raised its annual dividend for 14 consecutive years. Over the last 5 years the regular payout has grown at 5.6% a year (+5.1% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of CMS do I need to earn $100 a month?

At the current forward yield of 3.31%, you would need about 527 shares of CMS (roughly $36,205 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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