CMS Energy board raises quarterly dividend 6% to 25.5c per share The Board of Directors of CMS Energy increased the quarterly dividend on the company's common stock by 6% to 25.5c per share, up from 24c per share. Based on Thursday's closing price for CMS Energy common stock, $25.28, the higher dividend represents an annualized yield of 4%. The Q1 dividend for the common stock is payable February 28 to shareholders of record on February 8. The company notes that its long-term business plan calls for 5%-7% annual earnings growth and expects to continue to increase its dividend.
CMS Energy increases projecting spending on CapEx over next 10 years to $17B The company also increased its projected spending on capital expenditures over the next 10 years from $15.5 billion to $17 billion. The additional spending enables CMS Energy to increase its earnings per share guidance to 6% to 8%, starting in 2017.