CMS Energy 5.875% J (CMSC) Dividends
Market Cap: $21.63B
Avg Volume: 29.41K
Industry: Regulated Electric
Sector: Utilities
Dividend Overview
CMS Energy 5.875% J (CMSC) pays a quarterly dividend to its shareholders. The current dividend yield is 6.56%, which means that for every $100 invested at the current price, investors would receive approximately $6.56 in dividends per year (this can change based on future dividend payments and price movements).
About CMSC's Dividend
CMS Energy 5.875% J pays a quarterly dividend of $0.37 per share, which totals $1.47 annually. This means that for each share you own, you'll receive $1.47 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was March 31, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
CMS Energy 5.875% J's payout ratio is 0.62% which means that 0.62% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
CMS Energy 5.875% J's dividend has decreased by -0.08% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
CMSC Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.36719 | 6.56% | March 31, 2025 | March 31, 2025 | April 15, 2025 | March 31, 2025 |
| $0.36719 | 6.41% | December 31, 2024 | December 31, 2024 | January 15, 2025 | |
| $0.36719 | 5.94% | September 30, 2024 | September 30, 2024 | October 15, 2024 | |
| $0.36719 | 6.09% | June 28, 2024 | June 28, 2024 | July 15, 2024 | |
| $0.36719 | 5.97% | March 27, 2024 | March 28, 2024 | April 15, 2024 | |
| $0.36719 | 5.96% | December 28, 2023 | December 29, 2023 | January 16, 2024 | |
| $0.36719 | 6.41% | September 28, 2023 | September 29, 2023 | October 16, 2023 | |
| $0.36719 | 6.15% | June 29, 2023 | June 30, 2023 | July 15, 2023 | |
| $0.36719 | 6.14% | March 30, 2023 | March 31, 2023 | April 15, 2023 | |
| $0.367 | 6.57% | December 29, 2022 | December 30, 2022 | January 15, 2023 | |
| $0.367 | 6.34% | September 29, 2022 | September 30, 2022 | October 15, 2022 | January 01, 1 |
| $0.367 | 6.19% | June 29, 2022 | June 30, 2022 | July 15, 2022 | |
| $0.367 | 5.67% | March 30, 2022 | March 31, 2022 | April 15, 2022 | |
| $0.367 | 5.49% | December 30, 2021 | December 31, 2021 | January 15, 2022 | |
| $0.367 | 5.48% | September 29, 2021 | September 30, 2021 | October 15, 2021 | |
| $0.367 | 5.31% | June 29, 2021 | June 30, 2021 | July 15, 2021 | |
| $0.367 | 5.33% | March 30, 2021 | March 31, 2021 | April 15, 2021 | |
| $0.367 | 5.18% | December 30, 2020 | December 31, 2020 | January 15, 2021 | |
| $0.367 | 5.50% | September 29, 2020 | September 30, 2020 | October 15, 2020 | |
| $0.367 | 5.71% | June 29, 2020 | June 30, 2020 | July 15, 2020 | |
| $0.367 | 5.88% | March 30, 2020 | March 31, 2020 | April 15, 2020 | |
| $0.367 | 5.47% | December 30, 2019 | December 31, 2019 | January 15, 2020 | |
| $0.367 | 3.87% | September 27, 2019 | September 30, 2019 | October 15, 2019 | |
| $0.367 | 2.76% | June 27, 2019 | June 28, 2019 | July 15, 2019 | |
| $0.367 | 1.40% | March 28, 2019 | March 29, 2019 | April 15, 2019 | |
| $0.445 | 1.85% | December 28, 2018 | December 31, 2018 | January 15, 2019 |
Dividend Growth
CMS Energy 5.875% J (CMSC) dividend payments have decreased -8.12% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for CMSC
- Dividend Payout Ratio: 0.62% Low risk
- Dividend & Capex Coverage Ratio: 3.79x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.08% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. CMS Energy 5.875% J's payout ratio is 0.62% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 3.79x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates CMS Energy 5.875% J can comfortably cover its dividends and necessary investments from its operating cash flow.
CMS Energy 5.875% J's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
CMS Energy 5.875% J's dividend growth rate of -0.08% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.