CMS Energy Corporation (NYSE:CMS) Stock to Pay Quarterly Dividend of $0.57

CMS Energy Corporation (NYSE:CMS) declared a quarterly dividend on Monday, October 19th. Shareholders of record on Friday, November 6th will be given a dividend of $0.57 per share by the utilities provider on Tuesday, December 1st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, November 6th.

CMS Energy has increased its dividend payment 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 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 Performance

Shares of CMS stock opened at $67.34 on Tuesday. The company has a market cap of $21.12 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 2.51 and a beta of 0.32. CMS Energy has a 52 week low of $62.28 and a 52 week high of $80.36. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. The firm has a 50 day moving average of $66.97 and a 200-day moving average of $71.95.

CMS Energy (NYSE:CMS) last released its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. CMS Energy’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, equities analysts forecast that CMS Energy will post 3.87 earnings per share for the current year.

About CMS Energy

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.