CMS Energy Corporation (CMS) Dividend Payout Ratio: 60.97%
Is CMS Energy Corporation’s dividend payout ratio high or low?
CMS Energy Corporation's dividend payout ratio of 60.97% is in line with its 5-year average of 59.30%, around the middle of its 5-year range (37.79%–100.23%).
As of Saturday, June 13, 2026. 2.22% below its 12-month average of 62.36%.
Dividend Payout Ratio (60.97%) = TTM Dividends/Share ($2.23) / TTM EPS ($3.65)
CMS Dividend Payout Ratio Chart
CMS Average Dividend Payout Ratio Chart
CMS Current vs Average Dividend Payout Ratio Chart
CMS Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
60.97%
DIVIDEND PAYOUT RATIO AVG TTM
62.36%
DIVIDEND PAYOUT RATIO AVG 3Y
65.32%
DIVIDEND PAYOUT RATIO AVG 5Y
59.30%
DIVIDEND PAYOUT RATIO AVG 10Y
62.96%
DIVIDEND PAYOUT RATIO AVG 15Y
62.89%
DIVIDEND PAYOUT RATIO AVG 20Y
61.84%
CURRENT VS TTM AVG
-2.22%
CURRENT VS 3Y AVG
-6.66%
CURRENT VS 5Y AVG
+2.81%
CURRENT VS 10Y AVG
-3.15%
CURRENT VS 15Y AVG
-3.06%
CURRENT VS 20Y AVG
-1.41%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.53 | $2.17 | 61.5% |
| 2024 | $3.34 | $2.06 | 61.7% |
| 2023 | $3.01 | $1.95 | 64.8% |
| 2022 | $2.84 | $1.84 | 64.8% |
| 2021 | $4.66 | $1.74 | 37.3% |
| 2020 | $2.65 | $1.63 | 61.5% |
| 2019 | $2.40 | $1.53 | 63.8% |
| 2018 | $2.33 | $1.43 | 61.4% |
| 2017 | $1.64 | $1.33 | 81.1% |
| 2016 | $1.99 | $1.24 | 62.3% |
| 2015 | $1.90 | $1.16 | 61.1% |
| 2014 | $1.76 | $1.08 | 61.4% |
| 2013 | $1.71 | $1.02 | 59.6% |
| 2012 | $1.43 | $0.96 | 67.1% |
| 2011 | $1.65 | $0.84 | 50.9% |
| 2010 | $1.40 | $0.66 | 47.1% |
| 2009 | $0.96 | $0.50 | 52.1% |
| 2008 | $1.25 | $0.36 | 28.8% |
| 2007 | ($0.97) | $0.20 | N/A (Loss) |
| 2006 | ($0.36) | $0.00 | N/A (Loss) |
| 2005 | ($0.39) | $0.00 | N/A (Loss) |
| 2004 | $0.65 | $0.00 | 0.0% |
| 2003 | ($0.29) | $0.00 | N/A (Loss) |
| 2002 | ($4.46) | $1.09 | N/A (Loss) |
| 2001 | ($4.19) | $1.46 | N/A (Loss) |
| 2000 | $0.04 | $1.46 | N/A |
| 1999 | $2.18 | $1.75 | 80.5% |
| 1998 | $2.45 | $1.26 | 51.4% |
| 1997 | $2.63 | $1.14 | 43.3% |
| 1996 | $2.45 | $1.02 | 41.6% |
CMS Energy Corporation Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation Dividend Payout Ratio FAQ
- What is the dividend payout ratio for CMS Energy Corporation (CMS)?
- The dividend payout ratio for CMS stock is 60.97%.
- Is CMS Energy Corporation's dividend payout ratio high or low?
- CMS Energy Corporation's dividend payout ratio of 60.97% is in line with its 5-year average of 59.30%, around the middle of its 5-year range (37.79%–100.23%).
- What is the TTM average dividend payout ratio for CMS Energy Corporation (CMS)?
- The TTM average dividend payout ratio for CMS stock is 62.36%.
- What is the 3Y average dividend payout ratio for CMS Energy Corporation (CMS)?
- The 3Y average dividend payout ratio for CMS stock is 65.32%.
- What is the 5Y average dividend payout ratio for CMS Energy Corporation (CMS)?
- The 5Y average dividend payout ratio for CMS stock is 59.30%.
- What is the 10Y average dividend payout ratio for CMS Energy Corporation (CMS)?
- The 10Y average dividend payout ratio for CMS stock is 62.96%.
- What is the 15Y average dividend payout ratio for CMS Energy Corporation (CMS)?
- The 15Y average dividend payout ratio for CMS stock is 62.89%.
- What is the 20Y average dividend payout ratio for CMS Energy Corporation (CMS)?
- The 20Y average dividend payout ratio for CMS stock is 61.84%.
CMS Energy Corporation Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-12 | 60.97% |
| 2026-06-11 | 60.96% |
| 2026-06-09 | 60.96% |
| 2026-06-05 | 60.97% |
| 2026-06-03 | 60.96% |
| 2026-06-01 | 60.97% |
| 2026-05-28 | 60.97% |
| 2026-05-26 | 60.96% |
| 2026-05-21 | 60.97% |
| 2026-05-19 | 60.94% |
| 2026-05-15 | 60.97% |
| 2026-05-13 | 60.97% |
| 2026-05-11 | 60.95% |
| 2026-05-07 | 60.20% |
| 2026-05-05 | 60.21% |
| 2026-05-01 | 60.21% |
| 2026-04-29 | 60.19% |
| 2026-04-27 | 62.24% |
| 2026-04-23 | 62.27% |
| 2026-04-21 | 62.25% |
| 2026-04-17 | 62.26% |
| 2026-04-15 | 62.25% |
| 2026-04-13 | 62.24% |
| 2026-04-09 | 62.26% |
| 2026-04-07 | 62.24% |
| 2026-04-02 | 62.25% |
| 2026-03-31 | 62.26% |
| 2026-03-27 | 62.25% |
| 2026-03-25 | 62.25% |
| 2026-03-23 | 62.26% |
| 2026-03-19 | 62.25% |
| 2026-03-17 | 62.26% |
| 2026-03-13 | 62.26% |
| 2026-03-11 | 62.24% |
| 2026-03-09 | 62.25% |
| 2026-03-05 | 62.25% |
| 2026-03-03 | 62.25% |
| 2026-02-27 | 62.26% |
| 2026-02-25 | 62.26% |
| 2026-02-23 | 62.24% |
| 2026-02-19 | 62.26% |
| 2026-02-17 | 62.25% |
| 2026-02-12 | 61.47% |
| 2026-02-10 | 61.47% |
| 2026-02-06 | 62.53% |
| 2026-02-04 | 62.52% |
| 2026-02-02 | 62.53% |
| 2026-01-29 | 62.53% |
| 2026-01-27 | 62.53% |
| 2026-01-23 | 62.52% |
| 2026-01-21 | 62.54% |
| 2026-01-16 | 62.54% |
| 2026-01-14 | 62.54% |
| 2026-01-12 | 62.54% |
| 2026-01-08 | 62.54% |
| 2026-01-06 | 62.53% |
| 2026-01-02 | 62.52% |
| 2025-12-30 | 62.52% |
| 2025-12-26 | 62.53% |
| 2025-12-23 | 62.54% |
| 2025-12-19 | 62.52% |
| 2025-12-17 | 62.54% |
| 2025-12-15 | 62.53% |
| 2025-12-11 | 62.54% |
| 2025-12-09 | 62.55% |
| 2025-12-05 | 62.55% |
| 2025-12-03 | 62.52% |
| 2025-12-01 | 62.53% |
| 2025-11-26 | 62.53% |
| 2025-11-24 | 62.53% |
| 2025-11-20 | 62.53% |
| 2025-11-18 | 62.53% |
| 2025-11-14 | 62.54% |
| 2025-11-12 | 77.37% |
| 2025-11-10 | 77.37% |
| 2025-11-06 | 61.74% |
| 2025-11-04 | 61.74% |
| 2025-10-31 | 61.76% |
| 2025-10-29 | 63.19% |
| 2025-10-27 | 63.19% |
| 2025-10-23 | 63.19% |
| 2025-10-21 | 63.21% |
| 2025-10-17 | 63.20% |
| 2025-10-15 | 63.21% |
| 2025-10-13 | 63.21% |
| 2025-10-09 | 63.21% |
| 2025-10-07 | 63.21% |
| 2025-10-03 | 63.20% |
| 2025-10-01 | 63.21% |
| 2025-09-29 | 63.21% |
| 2025-09-25 | 63.21% |
| 2025-09-23 | 63.21% |
| 2025-09-19 | 63.19% |
| 2025-09-17 | 63.20% |
| 2025-09-15 | 63.22% |
| 2025-09-11 | 63.20% |
| 2025-09-09 | 63.21% |
| 2025-09-05 | 63.21% |
| 2025-09-03 | 63.21% |
| 2025-08-29 | 63.19% |
| 2025-08-27 | 63.20% |
| 2025-08-25 | 63.19% |
| 2025-08-21 | 63.20% |
| 2025-08-19 | 63.19% |
| 2025-08-15 | 63.21% |
| 2025-08-13 | 63.20% |
| 2025-08-11 | 63.20% |
| 2025-08-07 | 47.21% |
| 2025-08-05 | 47.21% |
| 2025-08-01 | 62.38% |
| 2025-07-30 | 62.57% |
| 2025-07-28 | 62.58% |
| 2025-07-24 | 62.59% |
| 2025-07-22 | 62.58% |
| 2025-07-18 | 62.58% |
| 2025-07-16 | 62.56% |
| 2025-07-14 | 62.57% |
| 2025-07-10 | 62.57% |
| 2025-07-08 | 62.56% |
| 2025-07-03 | 62.58% |
| 2025-07-01 | 62.58% |
| 2025-06-27 | 62.58% |
| 2025-06-25 | 62.58% |
| 2025-06-23 | 62.57% |
| 2025-06-18 | 62.57% |
| 2025-06-16 | 62.56% |
| 2025-06-12 | 62.57% |
| 2025-06-10 | 62.56% |
| 2025-06-06 | 62.57% |
| 2025-06-04 | 62.58% |
| 2025-06-02 | 62.59% |
| 2025-05-29 | 62.58% |
| 2025-05-27 | 62.56% |
| 2025-05-22 | 62.57% |
| 2025-05-20 | 62.59% |
| 2025-05-16 | 62.56% |
| 2025-05-14 | 62.57% |
| 2025-05-12 | 77.80% |
| 2025-05-08 | 61.76% |
| 2025-05-06 | 61.77% |
| 2025-05-02 | 61.76% |
| 2025-04-30 | 61.76% |
| 2025-04-28 | 61.75% |
| 2025-04-24 | 61.75% |
| 2025-04-22 | 62.68% |
| 2025-04-17 | 62.67% |
| 2025-04-15 | 62.67% |
| 2025-04-11 | 62.69% |
| 2025-04-09 | 62.69% |
| 2025-04-07 | 62.68% |
| 2025-04-03 | 62.70% |
| 2025-04-01 | 62.68% |
| 2025-03-28 | 62.70% |
| 2025-03-26 | 62.70% |
| 2025-03-24 | 62.68% |
| 2025-03-20 | 62.69% |
| 2025-03-18 | 62.68% |
| 2025-03-14 | 62.68% |
| 2025-03-12 | 62.70% |
| 2025-03-10 | 62.70% |
| 2025-03-06 | 62.68% |
| 2025-03-04 | 62.68% |
| 2025-02-28 | 62.70% |
| 2025-02-26 | 62.68% |
| 2025-02-24 | 62.69% |
| 2025-02-20 | 62.68% |
| 2025-02-18 | 62.68% |
| 2025-02-13 | 46.40% |
| 2025-02-11 | 46.41% |
| 2025-02-07 | 59.01% |
| 2025-02-05 | 59.02% |
| 2025-02-03 | 59.03% |
| 2025-01-30 | 59.03% |
| 2025-01-28 | 59.03% |
| 2025-01-24 | 59.03% |
| 2025-01-22 | 59.02% |
| 2025-01-17 | 59.03% |
| 2025-01-15 | 59.04% |
| 2025-01-13 | 59.02% |
| 2025-01-08 | 59.03% |
| 2025-01-06 | 59.01% |
| 2025-01-02 | 59.02% |
| 2024-12-30 | 59.02% |
| 2024-12-26 | 59.02% |
| 2024-12-23 | 59.02% |
| 2024-12-19 | 59.02% |
| 2024-12-17 | 59.03% |
| 2024-12-13 | 59.03% |
| 2024-12-11 | 59.04% |
| 2024-12-09 | 59.01% |
| 2024-12-05 | 59.04% |
| 2024-12-03 | 59.04% |
| 2024-11-29 | 59.01% |
| 2024-11-26 | 59.04% |
| 2024-11-22 | 59.03% |
| 2024-11-20 | 59.02% |
| 2024-11-18 | 59.03% |
| 2024-11-14 | 59.04% |
| 2024-11-12 | 44.26% |
| 2024-11-08 | 44.27% |
| 2024-11-06 | 44.26% |
| 2024-11-04 | 44.28% |
| 2024-10-31 | 58.25% |
| 2024-10-29 | 62.54% |
| 2024-10-25 | 62.53% |
| 2024-10-23 | 62.53% |
| 2024-10-21 | 62.54% |
| 2024-10-17 | 62.54% |
| 2024-10-15 | 62.54% |
| 2024-10-11 | 62.55% |
| 2024-10-09 | 62.53% |
| 2024-10-07 | 62.55% |
| 2024-10-03 | 62.54% |
| 2024-10-01 | 62.53% |
| 2024-09-27 | 62.54% |
| 2024-09-25 | 62.55% |
| 2024-09-23 | 62.55% |
| 2024-09-19 | 62.53% |
| 2024-09-17 | 62.54% |
| 2024-09-13 | 62.55% |
| 2024-09-11 | 62.53% |
| 2024-09-09 | 62.55% |
| 2024-09-05 | 62.54% |
| 2024-09-03 | 62.53% |
| 2024-08-29 | 62.53% |
| 2024-08-27 | 62.53% |
| 2024-08-23 | 62.53% |
| 2024-08-21 | 62.55% |
| 2024-08-19 | 62.54% |
| 2024-08-15 | 62.55% |
| 2024-08-13 | 62.53% |
| 2024-08-09 | 62.53% |
| 2024-08-07 | 62.53% |
| 2024-08-05 | 62.55% |
| 2024-08-01 | 61.69% |
| 2024-07-30 | 61.68% |
| 2024-07-26 | 61.68% |
| 2024-07-24 | 61.30% |
| 2024-07-22 | 61.32% |
| 2024-07-18 | 61.32% |
| 2024-07-16 | 61.31% |
| 2024-07-12 | 61.31% |
| 2024-07-10 | 61.31% |
| 2024-07-08 | 61.31% |
| 2024-07-03 | 61.30% |
| 2024-07-01 | 61.31% |
| 2024-06-27 | 61.33% |
| 2024-06-25 | 61.32% |
| 2024-06-21 | 61.31% |
| 2024-06-18 | 61.30% |
| 2024-06-14 | 61.31% |
| 2024-06-12 | 61.31% |
| 2024-06-10 | 61.31% |
| 2024-06-06 | 61.30% |
| 2024-06-04 | 61.32% |
| 2024-05-31 | 61.30% |
| 2024-05-29 | 61.32% |
| 2024-05-24 | 61.33% |
| 2024-05-22 | 61.31% |
| 2024-05-20 | 61.32% |
Showing the most recent 260 of 2,279 data points. The chart above shows the full history.
About CMS Energy Corporation
CMS Energy Corporation (CMS) operates as a significant utility provider with its primary services concentrated in Michigan. The company's business is structured into three main divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment encompasses the full spectrum of electricity operations, from generating power using a variety of sources—including coal, wind, natural gas, renewable energies, oil, and nuclear—to its subsequent purchase, transmission, distribution, and sale to customers. Its extensive electrical grid is supported by approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, an additional 82,474 miles of electric overhead distribution lines, and 9,395 miles of underground distribution lines. This vast network also includes 1,093 substations and 3 battery storage facilities. The Gas Utility division is responsible for procuring, transmitting, storing, distributing, and selling natural gas. This segment's infrastructure features 2,392 miles of transmission pipelines, 15 natural gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations. The Enterprises segment specializes in independent power generation and energy marketing, particularly focusing on the development and operation of renewable energy projects. CMS Energy serves a considerable customer base, providing electricity to 1.9 million clients and natural gas to 1.8 million clients, spanning residential, commercial, and diverse industrial sectors. The company was established in 1987 and its corporate headquarters are situated in Jackson, Michigan.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Garrick J. Rochow