CMS Energy (CMS) Dividend History & Yield
CMS Energy (CMS) has increased its dividend for 19 consecutive years and currently yields 2.80%. The most recent payment was $0.5700/share on Feb 17, 2026, paid Quarterly.
CMS
Current Yield
2.80%
TTM Dividend/Share
$2.20
Payment Frequency
Quarterly
Payout Ratio
61.9%
Consecutive Growth Years
19
Div Growth (1Y CAGR)
5.34%
Div Growth (5Y CAGR)
5.89%
Div Growth (10Y CAGR)
6.46%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 61.9%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-5.29) does not fully cover dividend/share ($2.20).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
19 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Feb 17, 2026
- Payment date
- Feb 27, 2026
- Dividend
- $0.5700
- Adj. dividend
- $0.5700
- Yield (ex-date)
- 2.89%
Ex-date Nov 7, 2025
- Payment date
- Nov 26, 2025
- Dividend
- $0.5425
- Adj. dividend
- $0.5425
- Yield (ex-date)
- 2.96%
Ex-date Aug 8, 2025
- Payment date
- Aug 29, 2025
- Dividend
- $0.5425
- Adj. dividend
- $0.5425
- Yield (ex-date)
- 2.92%
Ex-date May 9, 2025
- Payment date
- May 30, 2025
- Dividend
- $0.5425
- Adj. dividend
- $0.5425
- Yield (ex-date)
- 2.93%
Ex-date Feb 14, 2025
- Payment date
- Feb 28, 2025
- Dividend
- $0.5425
- Adj. dividend
- $0.5425
- Yield (ex-date)
- 3.03%
Ex-date Nov 13, 2024
- Payment date
- Nov 27, 2024
- Dividend
- $0.5150
- Adj. dividend
- $0.5150
- Yield (ex-date)
- 3.04%
Ex-date Aug 2, 2024
- Payment date
- Aug 30, 2024
- Dividend
- $0.5150
- Adj. dividend
- $0.5150
- Yield (ex-date)
- 3.07%
Ex-date May 14, 2024
- Payment date
- May 31, 2024
- Dividend
- $0.5150
- Adj. dividend
- $0.5150
- Yield (ex-date)
- 3.21%
Ex-date Feb 9, 2024
- Payment date
- Feb 29, 2024
- Dividend
- $0.5150
- Adj. dividend
- $0.5150
- Yield (ex-date)
- 3.53%
Ex-date Nov 2, 2023
- Payment date
- Nov 30, 2023
- Dividend
- $0.4875
- Adj. dividend
- $0.4875
- Yield (ex-date)
- 3.51%
Ex-date Aug 3, 2023
- Payment date
- Aug 31, 2023
- Dividend
- $0.4875
- Adj. dividend
- $0.4875
- Yield (ex-date)
- 3.30%
Ex-date May 4, 2023
- Payment date
- May 31, 2023
- Dividend
- $0.4875
- Adj. dividend
- $0.4875
- Yield (ex-date)
- 3.09%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Feb 17, 2026 | Feb 27, 2026 | $0.5700 | $0.5700 | 2.89% |
| Nov 7, 2025 | Nov 26, 2025 | $0.5425 | $0.5425 | 2.96% |
| Aug 8, 2025 | Aug 29, 2025 | $0.5425 | $0.5425 | 2.92% |
| May 9, 2025 | May 30, 2025 | $0.5425 | $0.5425 | 2.93% |
| Feb 14, 2025 | Feb 28, 2025 | $0.5425 | $0.5425 | 3.03% |
| Nov 13, 2024 | Nov 27, 2024 | $0.5150 | $0.5150 | 3.04% |
| Aug 2, 2024 | Aug 30, 2024 | $0.5150 | $0.5150 | 3.07% |
| May 14, 2024 | May 31, 2024 | $0.5150 | $0.5150 | 3.21% |
| Feb 9, 2024 | Feb 29, 2024 | $0.5150 | $0.5150 | 3.53% |
| Nov 2, 2023 | Nov 30, 2023 | $0.4875 | $0.4875 | 3.51% |
| Aug 3, 2023 | Aug 31, 2023 | $0.4875 | $0.4875 | 3.30% |
| May 4, 2023 | May 31, 2023 | $0.4875 | $0.4875 | 3.09% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
CMS Energy has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 19 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.1700 | — | — |
| 2025 | $2.0600 | $2.1700 | +5.3% |
| 2024 | $1.9505 | $2.0600 | +5.6% |
| 2023 | $1.8400 | $1.9505 | +6.0% |
| 2022 | $1.7400 | $1.8400 | +5.7% |
| 2021 | $1.6300 | $1.7400 | +6.7% |
| 2020 | $1.5300 | $1.6300 | +6.5% |
| 2019 | $1.4300 | $1.5300 | +7.0% |
| 2018 | $1.3300 | $1.4300 | +7.5% |
| 2017 | $1.2400 | $1.3300 | +7.3% |
| 2016 | $1.1600 | $1.2400 | +6.9% |
| 2015 | $1.0800 | $1.1600 | +7.4% |
| 2014 | $1.0200 | $1.0800 | +5.9% |
| 2013 | $0.9600 | $1.0200 | +6.3% |
| 2012 | $0.8400 | $0.9600 | +14.3% |
| 2011 | $0.6600 | $0.8400 | +27.3% |
| 2010 | $0.5000 | $0.6600 | +32.0% |
| 2009 | $0.3600 | $0.5000 | +38.9% |
| 2008 | $0.2000 | $0.3600 | +80.0% |
| 2007 | $1.0900 | $0.2000 | -81.7% |
| 2002 | $1.4600 | $1.0900 | -25.3% |
| 2001 | $1.4600 | $1.4600 | 0.0% |
| 2000 | $1.7550 | $1.4600 | -16.8% |
| 1999 | $1.2600 | $1.7550 | +39.3% |
| 1998 | $1.1400 | $1.2600 | +10.5% |
| 1997 | $1.0200 | $1.1400 | +11.8% |
| 1996 | $0.9000 | $1.0200 | +13.3% |
| 1995 | $0.7800 | $0.9000 | +15.4% |
| 1994 | $0.6000 | $0.7800 | +30.0% |
| 1993 | $0.4800 | $0.6000 | +25.0% |
| 1992 | $0.4800 | $0.4800 | 0.0% |
| 1991 | $0.4200 | $0.4800 | +14.3% |
| 1990 | — | $0.4200 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does CMS Energy pay dividends?
- Yes, CMS Energy (CMS) pays quarterly dividends of approximately $2.20 per share annually, yielding 2.80%.
What is CMS Energy's dividend yield?
- CMS Energy (CMS) has a current dividend yield of 2.80%.
Is CMS Energy's dividend safe?
- CMS Energy (CMS) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has CMS Energy increased its dividend?
- CMS Energy (CMS) has 19 consecutive years of dividend increases.
What is CMS Energy's dividend payout ratio?
- CMS Energy (CMS) has a dividend payout ratio of 61.9%.