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CMS Energy Boosts Dividend Amid Strong 2024 Earnings

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CMS Energy Boosts Dividend Amid Strong 2024 Earnings

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The latest announcement is out from CMS Energy ( (CMS) ).

CMS Energy reported strong financial results for 2024 with an increase in earnings per share to $3.33 from $3.01 in 2023 and adjusted earnings per share rising to $3.34 from $3.11. The company announced an 11-cent increase in its annual dividend for 2025 and raised its adjusted EPS guidance to $3.54 to $3.60. Significant investments in the electric grid and economic development efforts led to improved power restoration times and job creation in Michigan, positioning stakeholders positively for 2025.

More about CMS Energy

CMS Energy is a Michigan-based energy provider primarily operating through Consumers Energy and independent power generation businesses.

YTD Price Performance: 0.89%

Average Trading Volume: 2,232,967

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $20.05B

For a thorough assessment of CMS stock, go to TipRanks’ Stock Analysis page.

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