CMS ENERGY CORP (CMS) closed fiscal year 2025 with 306 M shares outstanding and a dividend of 2.17 USD per share.
CMS ENERGY CORP (CMS) closed fiscal year 2025 with 306 M shares outstanding and a dividend of 2.17 USD per share. Over the year the share count rose by 7.60 M shares on a net basis, typically through stock-based compensation and options. Since 2009 the share count has grown by 34.4 %. The dividend per share was 2.17 USD, up 5.3 % year on year. Total dividends paid came to 663 M USD, spread over 4 payments. The series covers 18 fiscal years, from 2008 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 228M | 250M | 254M | 264M | 266M | 275M | 277M | 279M | 282M | 283M | 284M | 289M | 290M | 291M | 294M | 299M | 306M |
| Shares issued — SBC/options | — | 21.7M | 4.50M | 10.0M | 2.00M | 9.10M | 2.00M | 2.00M | 2.40M | 1.80M | 0.50M | 5.00M | 0.90M | 1.50M | 3.10M | 4.40M | 7.60M |
| Shares issued (%) | — | 8.69 % | 1.77 % | 3.79 % | 0.75 % | 3.31 % | 0.72 % | 0.72 % | 0.85 % | 0.64 % | 0.18 % | 1.73 % | 0.31 % | 0.51 % | 1.05 % | 1.47 % | 2.48 % |
| Shares repurchased | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares repurchased (%) | — | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | — | 21.7M | 4.50M | 10.0M | 2.00M | 9.10M | 2.00M | 2.00M | 2.40M | 1.80M | 0.50M | 5.00M | 0.90M | 1.50M | 3.10M | 4.40M | 7.60M |
| Net addition/reduction (%) | — | 8.69 % | 1.77 % | 3.79 % | 0.75 % | 3.31 % | 0.72 % | 0.72 % | 0.85 % | 0.64 % | 0.18 % | 1.73 % | 0.31 % | 0.51 % | 1.05 % | 1.47 % | 2.48 % |
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.50 | 0.66 | 0.84 | 0.96 | 1.02 | 1.08 | 1.16 | 1.24 | 1.33 | 1.43 | 1.53 | 1.63 | 1.74 | 1.84 | 1.95 | 2.06 | 2.17 |
| Payout Ratio (%) | 49.78 % | 47.65 % | 50.84 % | 65.97 % | 60.40 % | 61.84 % | 61.57 % | 62.98 % | 81.96 % | 61.95 % | 64.12 % | 61.85 % | 37.62 % | 65.23 % | 65.28 % | 62.41 % | 61.90 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 114M | 162M | 211M | 252M | 273M | 295M | 322M | 347M | 377M | 407M | 436M | 467M | 509M | 546M | 579M | 626M | 663M |
| Dividend Yield (%) | 3.14 % | 3.52 % | 3.79 % | 3.99 % | 3.82 % | 2.99 % | 3.19 % | 3.00 % | 2.81 % | 2.90 % | 2.45 % | 2.77 % | 2.70 % | 2.89 % | 3.36 % | 3.07 % | 3.10 % |
Figures in USD
