CMS EnergyFRA:CSG +3.03%76 Forward Dividend Yield % is 3.06% as of Jun. 25, 2026. GuruFocus rates FRA:CSG with a GF Score™ of 76/100 and a GF Value™ of €65.58 (Fairly Valued). The stock has 10 warning signs investors should review. Among 424 Utilities - Regulated companies, CMS Energy ranks worse than 62.97% on this metric.
As of today (2026-06-25), the Forward Annual Dividend Yield of CMS Energy is 3.06%.
As of today (2026-06-25), the Trailing Annual Dividend Yield of CMS Energy is 2.98%.
FRA:CSG's Forward Dividend Yield % is ranked worse than 62.97% of 424
companies
in the Utilities - Regulated industry
Industry Median: 3.68
vs FRA:CSG: 3.06
During the past 12 months, CMS Energy's average Dividends Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.
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 8.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
CMS Energy (FRA:CSG) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
FRA:CSG vs ES, EVRG, LNT: Forward Dividend Yield % Comparison
For the Utilities - Regulated Electric subindustry, CMS Energy's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CMS Energy's Forward Dividend Yield % falls into.
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 0.570000
2026-05-08
2026-05-08
2026-05-29
Cash Dividend
quarterly
USD:EUR 0.855000
USD 0.570000
2026-02-17
2026-02-17
2026-02-27
Cash Dividend
quarterly
USD:EUR 0.846000
USD 0.542500
2025-11-07
2025-11-07
2025-11-26
Cash Dividend
quarterly
USD:EUR 0.865000
USD 0.542500
2025-08-08
2025-08-08
2025-08-29
Cash Dividend
quarterly
USD:EUR 0.859000
* 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 Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.9494
/
65.98
=
2.95 %
Current Share Price is €65.98. CMS Energy's Dividends per Share for the forward twelve months is calculated as €0.48735 * 4 = €1.9494.
CMS Energy's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.90484
/
65.98
=
2.89 %
Current Share Price is €65.98. CMS Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.90484.
* 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.
What does a Forward Dividend Yield % of 3.06% mean?
CMS Energy (FRA:CSG) has a Forward Dividend Yield % of 3.06% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on CMS Energy and its competitors. According to the industry distribution chart, CMS Energy ranks #267 out of 424 companies in the Utilities - Regulated industry, placing it in the top 63%.
Is CMS Energy's Forward Dividend Yield % too high?
CMS Energy's current Forward Dividend Yield % is 3.06%. The Utilities - Regulated industry median Forward Dividend Yield % is 3.68. CMS Energy's value of 3.06% is 16.8% below this industry median. Based on the distribution chart, CMS Energy ranks #267 out of 424 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CMS Energy has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Forward Dividend Yield % compare to ES and EVRG?
According to the Utilities - Regulated industry distribution chart, CMS Energy ranks #267 out of 424 companies for Forward Dividend Yield %. This places CMS Energy in the lower half of its industry. The industry median Forward Dividend Yield % is 3.68. CMS Energy's value of 3.06% is 16.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Regulated company?
The median Forward Dividend Yield % among Utilities - Regulated companies is 3.68, based on 424 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMS Energy's current Forward Dividend Yield % of 3.06% is 16.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on CMS Energy and its competitors. For the Utilities - Regulated industry, the median Forward Dividend Yield % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMS Energy's current Forward Dividend Yield % is 3.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (FRA:CSG) is currently considered Fairly Valued. The stock's GF Value™ is €65.58, compared to a current price of €65.98 — trading 0.6% above its estimated fair value. The current Forward Dividend Yield % is 3.06% and 16.8% below the Utilities - Regulated industry median of 3.68. CMS Energy's overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For CMS Energy (FRA:CSG), the current Forward Dividend Yield % is 3.06% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CMS Energy (FRA:CSG) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be overvalued.
The current stock price of €65.98 is trading 0.6% above its estimated GF Value™ of €65.58.
GuruFocus considers CMS Energy to be Fairly Valued.
Key valuation signals for FRA:CSG:
Forward Dividend Yield %: 3.06%
GF Value™: €65.58 vs. price of €65.98 (0.6% above fair value)
Industry Position: 16.8% below the Utilities - Regulated median (#267 of 424)
No single metric tells the full story. See the FRA:CSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
76GF Score
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