CMS Energy Corporation (CMS) Dividend History

NYSE: CMSYield, payment dates, growth and payout ratio.

CMS latest dividend

$0.57last dividend per share
Ex-dividend dateAug 7Friday, 2026
Payment dateSep 1Tuesday, 2026

The next dividend has not been announced yet.

  • 18 yearsof dividend increases
  • 2007paying since
  • Quarterly4 payments a year
  • +5.9%5-year growth a year
  • 3.32%forward yield

CMS dividend income calculator

Dividend income a year
$228
Each payment
$57
Value of the shares
$6,870
Dividend yield
3.32%

At the latest close; forward annual dividend $2.28 per share, before tax.

CMS dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

CMS dividend safety

Payout ratio (earnings)66.6%
Stretched · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+5.9%
Growing · a year on average
Years of increases18
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

CMS yield on cost

CMS Energy Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$74.783.05%$2.253.0%
3 years ago$53.954.23%$6.4311.9%
5 years ago$59.553.83%$10.1617.1%
10 years ago$41.425.50%$17.7042.7%
20 years ago$15.0915.11%$25.41168.4%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

CMS dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

CMS dividends by year

CMS Energy Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$2.17+5.3%3.10%4
2024$2.06+5.6%3.09%4
2023$1.95+6.0%3.36%4
2022$1.84+5.7%2.91%4
2021$1.74+6.7%2.67%4
2020$1.63+6.5%2.67%4
2019$1.53+7.0%2.43%4
2018$1.43+7.5%2.88%4
2017$1.33+7.3%2.81%4
2016$1.24+6.9%2.98%4
2015$1.16+7.4%3.22%4
2014$1.08+5.9%3.11%4
2013$1.02+6.2%3.81%4
2012$0.96+14.3%3.94%4
2011$0.84+27.3%3.80%4
2010$0.66+32.0%3.55%4
2009$0.50+38.9%3.19%4
2008$0.36+80.0%3.56%4
2007$0.20—1.15%4

CMS dividend history

134 payments
CMS Energy Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-072026-09-01$0.57—Quarterly
2026-05-082026-05-29$0.57—Quarterly
2026-02-172026-02-27$0.57+5.1%Quarterly
2025-11-072025-11-26$0.5425—Quarterly
2025-08-082025-08-29$0.5425—Quarterly
2025-05-092025-05-30$0.5425—Quarterly
2025-02-142025-02-28$0.5425+5.3%Quarterly
2024-11-132024-11-27$0.515—Quarterly
2024-08-022024-08-30$0.515—Quarterly
2024-05-142024-05-31$0.515—Quarterly
2024-02-092024-02-29$0.515+5.6%Quarterly
2023-11-022023-11-30$0.4875—Quarterly
2023-08-032023-08-31$0.4875—Quarterly
2023-05-042023-05-31$0.4875—Quarterly
2023-02-102023-02-28$0.4875+6.0%Quarterly
2022-11-032022-11-30$0.46—Quarterly
Show all 134 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-042022-08-31$0.46—Quarterly
2022-05-052022-05-31$0.46—Quarterly
2022-02-102022-02-28$0.46+5.7%Quarterly
2021-11-042021-11-30$0.435—Quarterly
2021-08-052021-08-31$0.435—Quarterly
2021-05-062021-05-28$0.435—Quarterly
2021-02-042021-02-26$0.435+6.7%Quarterly
2020-11-052020-11-30$0.4075—Quarterly
2020-08-062020-08-31$0.4075—Quarterly
2020-05-142020-05-29$0.4075—Quarterly
2020-02-062020-02-28$0.4075+6.5%Quarterly
2019-10-312019-11-27$0.3825—Quarterly
2019-08-012019-08-30$0.3825—Quarterly
2019-05-022019-05-31$0.3825—Quarterly
2019-01-312019-02-28$0.3825+7.0%Quarterly
2018-11-012018-11-30$0.3575—Quarterly
2018-08-022018-08-31$0.3575—Quarterly
2018-05-032018-05-31$0.3575—Quarterly
2018-02-152018-02-28$0.3575+7.5%Quarterly
2017-11-022017-11-30$0.3325—Quarterly
2017-08-022017-08-31$0.3325—Quarterly
2017-05-032017-05-31$0.3325—Quarterly
2017-02-012017-02-28$0.3325+7.3%Quarterly
2016-11-022016-11-30$0.31—Quarterly
2016-08-032016-08-31$0.31—Quarterly
2016-05-042016-05-31$0.31—Quarterly
2016-02-032016-02-29$0.31+6.9%Quarterly
2015-11-042015-11-30$0.29—Quarterly
2015-08-052015-08-31$0.29—Quarterly
2015-05-062015-05-29$0.29—Quarterly
2015-02-042015-02-27$0.29+7.4%Quarterly
2014-11-052014-11-26$0.27—Quarterly
2014-07-302014-08-29$0.27—Quarterly
2014-04-302014-05-30$0.27—Quarterly
2014-02-052014-02-28$0.27+5.9%Quarterly
2013-10-302013-11-27$0.255—Quarterly
2013-07-312013-08-30$0.255—Quarterly
2013-05-012013-05-31$0.255—Quarterly
2013-02-062013-02-28$0.255+6.2%Quarterly
2012-10-312012-11-30$0.24—Quarterly
2012-08-012012-08-31$0.24—Quarterly
2012-05-022012-05-31$0.24—Quarterly
2012-02-082012-02-29$0.24+14.3%Quarterly
2011-11-022011-11-30$0.21—Quarterly
2011-08-032011-08-31$0.21—Quarterly
2011-05-042011-05-31$0.21—Quarterly
2011-02-032011-02-28$0.21—Quarterly
2010-11-032010-11-30$0.21+40.0%Quarterly
2010-08-042010-08-31$0.15—Quarterly
2010-05-052010-05-28$0.15—Quarterly
2010-02-042010-02-26$0.15+20.0%Quarterly
2009-11-042009-11-30$0.125—Quarterly
2009-08-062009-08-31$0.125—Quarterly
2009-05-062009-05-29$0.125—Quarterly
2009-02-042009-02-27$0.125+38.9%Quarterly
2008-11-052008-11-28$0.09—Quarterly
2008-08-062008-08-29$0.09—Quarterly
2008-05-072008-05-30$0.09—Quarterly
2008-02-062008-02-29$0.09+80.0%Quarterly
2007-11-072007-11-30$0.05—Quarterly
2007-08-082007-08-31$0.05—Quarterly
2007-05-082007-05-31$0.05—Quarterly
2007-02-052007-02-28$0.05−72.2%Quarterly
2002-11-062002-11-22$0.18—Quarterly
2002-08-082002-08-22$0.18−50.7%Quarterly
2002-05-032002-05-22$0.365—Quarterly
2002-02-052002-02-22$0.365—Quarterly
2001-11-052001-11-23$0.365—Quarterly
2001-08-032001-08-22$0.365—Quarterly
2001-05-032001-05-22$0.365—Quarterly
2001-02-052001-02-22$0.365—Quarterly
2000-10-312000-11-22$0.365—Quarterly
2000-08-082000-08-22$0.365—Quarterly
2000-04-282000-05-22$0.365—Quarterly
2000-02-042000-02-22$0.365—Quarterly
1999-11-011999-11-22$0.365—Quarterly
1999-09-15—$0.365—
1999-07-291999-08-20$0.365+10.6%Quarterly
1999-04-291999-05-21$0.33—Quarterly
1999-01-291999-02-22$0.33—Quarterly
1998-10-301998-11-20$0.33—Quarterly
1998-08-031998-08-21$0.33+10.0%Quarterly
1998-04-301998-05-22$0.3—Quarterly
1998-01-301998-02-20$0.3—Quarterly
1997-10-301997-11-21$0.3—Quarterly
1997-07-311997-08-22$0.3+11.1%Quarterly
1997-05-011997-05-22$0.27—Quarterly
1997-01-311997-02-21$0.27—Quarterly
1996-11-061996-11-22$0.27—Quarterly
1996-08-061996-08-22$0.27+12.5%Quarterly
1996-05-061996-05-22$0.24—Quarterly
1996-02-061996-02-22$0.24—Quarterly
1995-11-061995-11-22$0.24—Quarterly
1995-08-041995-08-22$0.24+14.3%Quarterly
1995-05-021995-05-22$0.21—Quarterly
1995-02-021995-02-22$0.21—Quarterly
1994-11-011994-11-22$0.21—Quarterly
1994-08-021994-08-22$0.21+16.7%Quarterly
1994-05-021994-05-23$0.18—Quarterly
1994-02-021994-02-22$0.18—Quarterly
1993-10-261993-11-22$0.18—Quarterly
1993-08-031993-08-23$0.18+50.0%Quarterly
1993-05-041993-05-21$0.12—Quarterly
1993-02-011993-02-22$0.12—Quarterly
1992-10-271992-11-23$0.12—Quarterly
1992-07-281992-08-21$0.12—Quarterly
1992-04-281992-05-22$0.12—Quarterly
1992-01-281992-02-21$0.12—Quarterly
1991-10-291991-11-22$0.12—Quarterly
1991-07-301991-08-22$0.12—
1991-04-301991-05-22$0.12—Quarterly
1991-01-311991-02-22$0.12—Quarterly
1990-10-301990-11-21$0.12+20.0%Quarterly
1990-07-311990-08-22$0.1—Quarterly
1990-05-011990-05-22$0.1—Quarterly
1990-01-301990-02-22$0.1—Quarterly
1989-11-011989-11-22$0.1−80.0%Once a year
1973-04-13—$0.5—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

CMS stock split history

CMS Energy has no stock splits on record.

CMS dividend overview

CMS Energy pays an annual dividend of $2.28 per share, a yield of 3.32% at the latest close, paid quarterly. It paid $2.17 per share in 2025, up 5.3% from 2024. It has raised its dividend for 18 consecutive years. Over five years the dividend grew 5.9% a year on average and over ten years 6.5% a year. The payout ratio is 66.6% of trailing earnings.

Related: CMS cash flow statement, CMS key metrics, CMS chart. See the CMS stock overview for the latest quote and news.

CMS dividends FAQ

Does CMS Energy pay a dividend?

Yes. CMS Energy has paid a regular dividend since 2007, quarterly, most recently $0.57 per share with an ex-dividend date of August 7, 2026. It also paid dividends from 1973 to 2002.

What is CMS Energy's dividend yield?

CMS Energy's forward annual dividend is $2.28 per share, a dividend yield of 3.32% at the latest close of $68.70.

How often does CMS Energy pay dividends?

CMS Energy pays dividends quarterly.

How fast is CMS Energy's dividend growing?

CMS Energy's dividend per share grew from $1.63 in 2020 to $2.17 in 2025, 5.9% a year on average over five years; it has increased for 18 years in a row.

What is CMS Energy's dividend payout ratio?

CMS Energy pays out 66.6% of its trailing earnings as dividends.

Utilities - Regulated Electric: dividends