CMS Dividend History & Yield Analysis

CMS has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
3.16%
Forward yield
3.19%
Dividend per share (TTM)
$2.25
Annualized rate
$2.28
Payout frequency
Quarterly
Last payment
$0.5700
5-year dividend CAGR
5.88%
Consecutive growth years
18

Yields calculated against a market price of $71.40.

Annual Dividend History

  • 2026$1.71
  • 2025$2.17
  • 2024$2.06
  • 2023$1.95
  • 2022$1.84
  • 2021$1.74
  • 2020$1.63
  • 2019$1.53
  • 2018$1.43
  • 2017$1.33
  • 2016$1.24
  • 2015$1.16
  • 2014$1.08
  • 2013$1.02
  • 2012$0.9600
  • 2011$0.8400
  • 2010$0.6600
  • 2009$0.5000
  • 2008$0.3600
  • 2007$0.2000
  • 2002$1.09
  • 2001$0.3650

CMS Payout History & Ex-Dividend Dates

CMS dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-08-012026-08-07$0.5700
2026-05-012026-05-08$0.5700
2026-02-012026-02-17$0.5700
2025-11-012025-11-07$0.5430
2025-08-012025-08-08$0.5430
2025-05-012025-05-09$0.5430
2025-02-012025-02-14$0.5430
2024-11-012024-11-13$0.5150
2024-08-012024-08-02$0.5150
2024-05-012024-05-14$0.5150
2024-02-012024-02-09$0.5150
2023-11-012023-11-02$0.4880
2023-08-012023-08-03$0.4880
2023-05-012023-05-04$0.4880
2023-02-012023-02-10$0.4880
2022-11-012022-11-03$0.4600
2022-08-012022-08-04$0.4600
2022-05-012022-05-05$0.4600
2022-02-012022-02-10$0.4600
2021-11-012021-11-04$0.4350
2021-08-012021-08-05$0.4350
2021-05-012021-05-06$0.4350
2021-02-012021-02-04$0.4350
2020-11-012020-11-05$0.4080
2020-08-012020-08-06$0.4080
2020-05-012020-05-14$0.4080
2020-02-012020-02-06$0.4080
2019-10-012019-10-31$0.3830
2019-08-012019-08-01$0.3830
2019-05-012019-05-02$0.3830
2019-01-012019-01-31$0.3830
2018-11-012018-11-01$0.3580
2018-08-012018-08-02$0.3580
2018-05-012018-05-03$0.3580
2018-02-012018-02-15$0.3580
2017-11-012017-11-02$0.3330
2017-08-012017-08-02$0.3330
2017-05-012017-05-03$0.3330
2017-02-012017-02-01$0.3330
2016-11-012016-11-02$0.3100
2016-08-012016-08-03$0.3100
2016-05-012016-05-04$0.3100
2016-02-012016-02-03$0.3100
2015-11-012015-11-04$0.2900
2015-08-012015-08-05$0.2900
2015-05-012015-05-06$0.2900
2015-02-012015-02-04$0.2900
2014-11-012014-11-05$0.2700
2014-07-012014-07-30$0.2700
2014-04-012014-04-30$0.2700
2014-02-012014-02-05$0.2700
2013-10-012013-10-30$0.2550
2013-07-012013-07-31$0.2550
2013-05-012013-05-01$0.2550
2013-02-012013-02-06$0.2550
2012-10-012012-10-31$0.2400
2012-08-012012-08-01$0.2400
2012-05-012012-05-02$0.2400
2012-02-012012-02-08$0.2400
2011-11-012011-11-02$0.2100

Does CMS pay dividends?

Yes. CMS pays on a quarterly schedule, most recently $0.5700 per share with an ex-dividend date of 2026-08-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the CMS yield is calculated

The trailing yield divides the last twelve months of dividends per share ($2.25) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the CMS DCF fair value page for the cash flow behind it.