GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CMS Energy Corp (NYSE:CMS) » Definitions » 3-Year Dividend Growth Rate

CMS Energy (CMS Energy) 3-Year Dividend Growth Rate

: 6.20% (As of Dec. 2023)
View and export this data going back to 1987. Start your Free Trial

CMS Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.49.

The historical rank and industry rank for CMS Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

CMS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.8   Med: 8.7   Max: 68.7
Current: 6.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CMS Energy was 68.70% per year. The lowest was -7.80% per year. And the median was 8.70% per year.

CMS's 3-Year Dividend Growth Rate is ranked better than
58.02% of 293 companies
in the Utilities - Regulated industry
Industry Median: 5 vs CMS: 6.20

During the past 12 months, CMS Energy's average Dividends Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

CMS Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.47. As of today, CMS Energy's Dividend Yield % is 3.31%.

Good Sign:

CMS Energy Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Electric subindustry, CMS Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CMS Energy 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, CMS Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where CMS Energy's 3-Year Dividend Growth Rate falls into.



CMS Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


CMS Energy  (NYSE:CMS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

CMS Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.488/ 1.05
=0.46

During the past 13 years, the highest Dividend Payout Ratio of CMS Energy was 0.82. The lowest was 0.62. And the median was 0.64.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

CMS Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5152024-02-092024-02-122024-02-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4882023-11-022023-11-032023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4882023-08-032023-08-042023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4882023-05-042023-05-052023-05-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CMS Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.979/59.55
=3.32 %

Current Share Price is $59.55.
CMS Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.979.

During the past 13 years, the highest Dividend Yield of CMS Energy was 3.88%. The lowest was 2.24%. And the median was 2.88%.

Good Sign:

CMS Energy Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CMS Energy 3-Year Dividend Growth Rate Related Terms>


CMS Energy (CMS Energy) Business Description

Traded in Other Exchanges
Address
One Energy Plaza, Jackson, MI, USA, 49201
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Executives
Brandon J. Hofmeister officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Brian F Rich officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
John G Russell director ONE ENERGY PLAZA, JACKSON MI 49201
Jon E Barfield director 1255 COTTINGHAM RO HOME, BLOOMFIELD HILLS MI 48304
Catherine A Hendrian officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Shaun M Johnson officer: SVP and General Counsel ONE ENERGY PLAZA, JACKSON MI 49201
Scott B Mcintosh officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
Dhenuvakonda Rao Venkat officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Tonya L Berry officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Jean-francois Brossoit officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Glenn P Barba officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
William D Harvey director 5 SHADE TREE COURT, MADISON WI 53717
Ronald J Tanski director NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Kurt L Darrow director ONE LA-Z-BOY DRIVE, MONROE MI 48162

CMS Energy (CMS Energy) Headlines