CMS Energy Corporation (NYSE:CMS) Plans Quarterly Dividend of $0.57

CMS Energy Corporation (NYSE:CMS) declared a quarterly dividend on Monday, July 20th. Investors of record on Friday, August 7th will be given a dividend of 0.57 per share by the utilities provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, August 7th.

CMS Energy has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 3 years. CMS Energy has a dividend payout ratio of 59.1% indicating that its dividend is sufficiently covered by earnings. 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 Stock Down 1.0%

CMS stock opened at $72.88 on Tuesday. The stock’s 50 day simple moving average is $74.13 and its 200 day simple moving average is $74.62. The company has a market cap of $22.51 billion, a P/E ratio of 20.13, a price-to-earnings-growth ratio of 2.67 and a beta of 0.35. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84. CMS Energy has a fifty-two week low of $68.64 and a fifty-two week high of $80.36.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the previous year, the company posted $1.02 earnings per share. The company’s quarterly revenue was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, research analysts expect that CMS Energy will post 3.87 earnings per share for the current fiscal year.

CMS Energy Company Profile

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.