CMS Energy Corporation (NYSE:CMS) Declares Dividend Increase – $0.57 Per Share

CMS Energy Corporation (NYSE:CMS) announced a quarterly dividend on Thursday, February 5th. Investors of record on Tuesday, February 17th will be paid a dividend of 0.57 per share by the utilities provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a 5.1% increase from CMS Energy’s previous quarterly dividend of $0.54.

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 payout ratio of 56.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect CMS Energy to earn $3.88 per share next year, which means the company should continue to be able to cover its $2.17 annual dividend with an expected future payout ratio of 55.9%.

CMS Energy Trading Up 1.8%

Shares of NYSE CMS opened at $72.86 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84. The stock’s 50 day moving average price is $70.85 and its two-hundred day moving average price is $72.22. CMS Energy has a 52-week low of $66.53 and a 52-week high of $76.45. The stock has a market capitalization of $22.17 billion, a P/E ratio of 21.06, a PEG ratio of 2.54 and a beta of 0.47.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the business earned $0.87 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, analysts anticipate that CMS Energy will post 3.59 earnings per share for the current fiscal year.

Key Stories Impacting CMS Energy

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: Q4 beat — CMS reported $0.95 EPS vs. $0.94 expected and revenue of $2.23B, up ~12% YoY, driven by clean-power performance; strong results underpin the rally. CMS Energy Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
• Positive Sentiment: Raised 2026 guidance — management updated FY2026 EPS guidance to $3.83–$3.90, lifting the outlook after exceeding 2025 targets, which supports forward earnings expectations. CMS Energy raises 2026 profit forecast on strong power demand, raises dividend
• Positive Sentiment: Dividend raise — the board increased the quarterly dividend to $0.57 (a ~5.1% bump), reinforcing cash-return commitment and boosting income-focused investor interest; ex-dividend Feb 17. CMS Energy’s Board of Directors Increases Quarterly Dividend
• Positive Sentiment: Long-term investment plan — management highlighted advancement of a ~$24B investment plan (grid, clean energy, capacity) that supports higher demand and future EPS growth, cited alongside guidance raise. CMS energy raises 2026 EPS guidance to $3.83–$3.90 as $24B investment plan advances
• Neutral Sentiment: Guidance in-line with consensus — the updated $3.83–$3.90 range is roughly aligned with the street (consensus ~3.85), so upside depends on execution and regulatory outcomes.
• Negative Sentiment: Regulatory risk — a pending rate-case ruling could cloud medium-term returns and offset some benefits from higher demand and capital investment; investors should watch regulatory updates closely. CMS Energy earnings on deck as rate case ruling clouds outlook

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.