Trailing Dividend / Share
$2.20
CMS Energy Corporation (CMS) Dividend History
Income profile from 1973 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
N/A
Payout Ratio
N/A
Unknown
Dividend Streak
18 years
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
18 straight years of dividend increases.
Income Trend
Yield on cost is 3.6% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend YieldN/A
Trailing DPS$2.20
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score6/9
Growth
Growth Streak18 years
3Y CAGR5.7%
5Y CAGR5.9%
Yield on Cost (5Y)3.6%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield0.0%
1Y Total Return9.9%
5Y Total Return60.5%
Div Contribution (5Y)18.1%
Estimated $10K growth (return + dividends):
5Y ago$16,04610Y ago$24,07820Y ago$72,685
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (35 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
CMS Energy Corporation has limited earnings payout data (Unknown).
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
CMS has raised its dividend for 18 consecutive years, with a 3-year CAGR of 5.7% and 5-year CAGR of 5.9%.
Total Shareholder Returns
Beyond cash dividends, CMS returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.6% and is currently rising. The 5-year total return is 60.5%, with dividends contributing 18.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $24,078 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$9.90
Avg/Payment$0.4948
Latest Change+5.1%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 17, 2026Latest | $0.5700 | ↑ +5.1% | 2.89% | Feb 27, 2026 |
| Nov 7, 2025 | $0.5425 | — | 2.96% | Nov 26, 2025 |
| Aug 8, 2025 | $0.5425 | — | 2.92% | Aug 29, 2025 |
| May 9, 2025 | $0.5425 | — | 2.93% | May 30, 2025 |
| Feb 14, 2025 | $0.5425 | ↑ +5.3% | 3.03% | Feb 28, 2025 |
| Nov 13, 2024 | $0.5150 | — | 3.04% | Nov 27, 2024 |
| Aug 2, 2024 | $0.5150 | — | 3.07% | Aug 30, 2024 |
| May 14, 2024 | $0.5150 | — | 3.21% | May 31, 2024 |
Dividend Peer Comparison
Peer group: Electric and gas combination utilities
Div Yield
—
—
Safety
Unknown
— payout
Streak
18Y
5.9% 5Y CAGR
Total Shareholder
0.0%
#9 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
CMSCMS Energy Corporati… | $6.6B | — | — | 18 | Unknown |
XELXcel Energy Inc. | $49.3B | 2.5% | 60.7% | 16 | Watch |
ETREntergy Corporation | $48.5B | 2.2% | 60.6% | 11 | Watch |
PEGPublic Service Enter… | $42.9B | 2.2% | 44.7% | 0 | Sustainable |
2nd WECWEC Energy Group, In… | $38.1B | 3.0% | 73.7% | 23 | Watch |
AEEAmeren Corporation | $31.3B | 2.5% | 52.7% | 16 | Sustainable |
FTSFortis Inc. | $29.2B | 2.1% | 48.5% | 4 | Sustainable |
1st ESEversource Energy | $28.6B | 3.7% | 1.2% | 23 | Sustainable |
3rd EDConsolidated Edison,… | $26.5B | 2.8% | — | 0 | Unknown |
Annual Dividend History
39 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.57 | — | 1 | — | — | — | 1.0% |
| 2025 | $2.17 | 5.3% | 4 | $3.53 | 61.5% | 1.63x | 3.6% |
| 2024 | $2.06 | 5.6% | 4 | $3.33 | 61.9% | 1.62x | 3.5% |
| 2023 | $1.95 | 6.0% | 4 | $3.01 | 64.8% | 1.54x | 3.3% |
| 2022 | $1.84 | 5.7% | 4 | $2.85 | 64.6% | 1.55x | 3.1% |
| 2021 | $1.74 | 6.7% | 4 | $4.66 | 37.3% | 2.68x | 2.9% |
| 2020 | $1.63 | 6.5% | 4 | $2.64 | 61.7% | 1.62x | 2.7% |
| 2019 | $1.53 | 7.0% | 4 | $2.39 | 64.0% | 1.56x | 2.6% |
| 2018 | $1.43 | 7.5% | 4 | $2.32 | 61.6% | 1.62x | 2.4% |
| 2017 | $1.33 | 7.3% | 4 | $1.64 | 81.1% | 1.23x | 2.2% |
See CMS's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does CMS pay per share?
CMS Energy Corporation (CMS) pays a trailing 12-month dividend of $2.20 per share, with a current dividend yield of N/A. Payments are made Annual.
When is CMS's next ex-dividend date?
CMS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CMS typically pays dividends Annual.
Is CMS's dividend safe?
CMS's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. With 18 consecutive years of dividend growth, the track record supports sustainability.
Is CMS a Dividend Achiever?
Yes, CMS Energy Corporation is classified as a Dividend Achiever with 18 consecutive years of dividend increases. The 5-year dividend CAGR is +5.9%, demonstrating above-inflation dividend growth.
How often does CMS pay dividends?
CMS Energy Corporation pays dividends Annual. The trailing 12-month total is $2.20 per share. Dividend data on this page covers 53+ years from 1973 to 2026.
How much would $10,000 invested in CMS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CMS five years ago would be worth approximately $16,046 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CMS's yield on cost for long-term holders?
CMS's yield on cost — the current dividend divided by the original purchase price — is +3.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.