CMS Energy Corporation (NYSE:CMS – Get Free Report) announced a quarterly dividend on Monday, October 20th. Investors of record on Friday, November 7th will be given a dividend of 0.5425 per share by the utilities provider on Wednesday, November 26th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, November 7th.
CMS Energy has a dividend payout ratio of 56.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CMS Energy to earn $3.88 per share next year, which means the company should continue to be able to cover its $2.17 annual dividend with an expected future payout ratio of 55.9%.
CMS Energy Stock Performance
Shares of CMS Energy stock opened at $74.51 on Wednesday. The stock has a market capitalization of $22.30 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.86 and a beta of 0.40. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The business has a 50-day moving average of $72.32 and a 200 day moving average of $71.66. CMS Energy has a 12 month low of $63.97 and a 12 month high of $76.45.
About CMS Energy
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.
Featured Stories
- Five stocks we like better than CMS Energy
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Beware The Death Cross: 3 Stocks Triggering This Spooky Signal
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
- 3 Healthcare Dividend Stocks to Buy
- Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
Receive News & Ratings for CMS Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMS Energy and related companies with MarketBeat.com's FREE daily email newsletter.