CMS Energy Corporation (CMS) To Go Ex-Dividend on August 7th

CMS Energy Corporation (NYSE:CMS) declared a quarterly dividend on Monday, July 20th. Stockholders 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) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, August 7th.

CMS Energy has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 3 consecutive years. CMS Energy has a payout ratio of 59.1% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Up 0.1%

CMS opened at $71.80 on Wednesday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The company has a market capitalization of $22.51 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 2.60 and a beta of 0.35. The business has a 50-day moving average of $74.12 and a 200-day moving average of $74.86. 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 announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Equities research analysts forecast that CMS Energy will post 3.87 EPS for the current fiscal year.

About CMS Energy

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.