CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 57 Cents Per Share

Rhea-AI Summary

CMS Energy (NYSE: CMS) announced its Board increased the quarterly common dividend to $0.57 per share, up from $0.5425. On Feb. 4 close of $71.60, the dividend implies an annualized yield of 3.2%.

The first-quarter dividend is payable Feb. 27, 2026, to shareholders of record Feb. 17, 2026. Additional tax and dividend details are available via the company’s Tax Information section.

Positive

• Quarterly dividend raised to $0.57 per share from $0.5425
• Dividend implies an annualized yield of 3.2% based on $71.60 closing price

Negative

• Quarterly dividend increase is modest at about 5.1% from the prior payout
• Dividend yield of 3.2% is modest relative to higher-yield sectors

News Market Reaction

+1.76%

1 alert

+1.76% News Effect

On the day this news was published, CMS gained 1.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

New quarterly dividend: $0.57 per share Prior quarterly dividend: $0.5425 per share Annualized dividend: $2.28 per share +5 more

8 metrics

New quarterly dividend $0.57 per share Quarterly common stock dividend announced Feb. 5, 2026

Prior quarterly dividend $0.5425 per share Previous quarterly common stock dividend level

Annualized dividend $2.28 per share Annualized common stock dividend after increase

Reference stock price $71.60 Wednesday closing price used to compute yield

Dividend yield 3.2% Annualized yield based on $71.60 closing price

Payment date Feb. 27, 2026 Payable date for first-quarter 2026 dividend

Record date Feb. 17, 2026 Shareholders of record date for dividend eligibility

Market cap $21,850,159,127 Market capitalization prior to dividend announcement

Market Reality Check

Price: $72.84 Vol: Volume 3,564,218 is 1.15x...

normal vol

$72.84 Last Close

Volume Volume 3,564,218 is 1.15x the 20-day average of 3,099,146, suggesting elevated interest ahead of the dividend news. normal

Technical Shares at $71.60 are trading slightly below the 200-day MA of $71.77, and about 6.34% under the 52-week high.

Peers on Argus

While CMS was modestly down 0.28% pre-announcement, peers showed mixed moves: CN...

While CMS was modestly down 0.28% pre-announcement, peers showed mixed moves: CNP up 0.17%, EIX up 2.34%, while DTE, FE, and PPL were negative. This mix points to a company-specific narrative rather than a uniform utilities trade.

Previous Management,dividends Reports

5 past events · Latest: Oct 20 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Oct 20	Quarterly dividend	Positive	+0.4%	Board declared a quarterly dividend of $0.5425 per share.
Jul 21	Quarterly dividend	Positive	+0.5%	Board declared a quarterly dividend of 54.25 cents per share.
Apr 14	Quarterly dividend	Positive	+2.4%	Board maintained quarterly dividend at 54.25 cents per share.
Feb 06	Dividend increase	Positive	+1.8%	Board increased quarterly dividend from 51.50 to 54.25 cents per share.
Oct 21	Quarterly dividend	Positive	-0.2%	Board declared a 51.50-cent quarterly dividend on common stock.

Pattern Detected

Dividend-related announcements for CMS have typically led to small positive next-day moves, with only one modestly negative reaction in the past five similar events.

Recent Company History

Over recent quarters, CMS has regularly communicated around customer support in severe weather, renewable energy partnerships, and upcoming earnings. Prior news in January 2026 focused on higher winter usage, grid reliability, and customer assistance programs, with mostly mild stock reactions. For dividend-specific items, the board previously raised the quarterly payout to $0.5425 and then maintained it, with generally modest positive price responses. Today’s increase to $0.57 fits this pattern of gradual dividend progression.

Historical Comparison

management,dividends

+1.0 %

Average Historical Move

Historical Analysis

In the past 5 management/dividend announcements, CMS saw average next-day moves of about 0.98%, mostly modest gains. The latest increase to $0.57 per share continues this gradual dividend growth trend in line with prior board actions.

Typical Pattern

Dividend events show a steady progression: from $0.515 to $0.5425 and now $0.57 per quarter, reflecting regular board updates on the common-stock payout.

Market Pulse Summary

This announcement highlights CMS’s decision to raise its quarterly dividend to $0.57 per share, or $...

Analysis

This announcement highlights CMS’s decision to raise its quarterly dividend to $0.57 per share, or $2.28 on an annualized basis, implying a 3.2% yield on a $71.60 share price. Historically, similar management/dividend updates produced modest, mostly positive stock reactions. Investors may focus on how this higher payout fits with the company’s forthcoming 2025 results, capital spending needs, and any future regulatory or financing disclosures.

Key Terms

cusip, annualized yield

2 terms

cusip financial

"The first quarter dividend for the common stock (CUSIP: 125896100) is payable"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

annualized yield financial

"the dividend represents an annualized yield of 3.2 percent."

Annualized yield is the return on an investment expressed as if the current short-term return continued for a full year, converting a partial-period gain into a yearly rate — like turning a short-trip speed into miles per hour. It matters to investors because it makes returns from different timeframes comparable, helping assess income potential and decide between options such as bonds, savings products, or dividend-paying stocks.

AI-generated analysis. Not financial advice.

JACKSON, Mich., Feb. 5, 2026 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 57 cents per share, up from 54.25 cents per share. 

Based on Wednesday's closing price for CMS Energy common stock, $71.60, the dividend represents an annualized yield of 3.2 percent.

The first quarter dividend for the common stock (CUSIP: 125896100) is payable Feb. 27, 2026, to shareholders of record Feb. 17, 2026.

Garrick Rochow, CMS Energy's president and chief executive officer, said the board's decision to increase the dividend to $2.28 per share on an annualized basis reflects a strong commitment and execution of the company's strategy.

Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website, www.cmsenergy.com.

CMS Energy (NYSE: CMS) is a Michigan-based energy company featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.

For more information on CMS Energy, please visit our website at cmsenergy.com.
To sign up for email alert notifications, please visit the Investor Relations section of our website.

 

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SOURCE CMS Energy

FAQ

What dividend did CMS Energy (CMS) announce on Feb. 5, 2026?

CMS Energy increased the quarterly dividend to $0.57 per share, up from $0.5425. According to CMS Energy, the change raises the annualized dividend to $2.28 per share and reflects the board's decision announced Feb. 5, 2026.

When is the CMS (CMS) dividend payable and who is eligible?

The first-quarter dividend is payable on Feb. 27, 2026, to shareholders of record on Feb. 17, 2026. According to CMS Energy, holdings on the record date determine eligibility for the payment.

What dividend yield does the CMS (CMS) increase imply based on recent stock price?

The announced dividend implies an annualized yield of 3.2% using the referenced closing price of $71.60. According to CMS Energy, that yield is calculated from the board-approved quarterly rate and the cited market close.

How much did CMS (CMS) raise its dividend compared to the prior amount?

The quarterly dividend rose from $0.5425 to $0.57, an increase of roughly 5.1%. According to CMS Energy, the board approved this increase effective for the February 2026 payout cycle.

Where can investors find tax information about CMS Energy dividends?

Investors can find dividend tax status and related details in the company's Tax Information section on its website. According to CMS Energy, the Tax Information page provides specifics on distribution tax treatment and reporting.