LONDON, UK / ACCESSWIRE / August 1, 2017 / Pro-Trader Daily takes a closer look at CMS Energy Corp. (NYSE: CMS) as the Company's stock will begin trading ex-dividend on August 02 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on August 01, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on CMS. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=CMS

Dividend Declared

On July 20, 2017, CMS Energy's Board of Directors declared a quarterly dividend on the Company's common stock. The dividend for the common stock is $0.3325 per share. It is payable August 31, 2017, to shareholders of record on August 04, 2017.

CMS Energy's indicated dividend represents a yield of 2.87%, which is higher compared to the average dividend yield of 2.43% for the Utilities sector. The Company has paid a dividend for 10 straight years in a row and has raised its cash dividend for 5 consecutive years.

Dividend Insights

CMS Energy has a dividend payout ratio of 61.3%, which indicates that it distributes approximately $0.61 for every $1.00 earned. The dividend payout ratio reflects how much money a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, CMS Energy is forecasted to report earnings of $2.33 which is significantly below the Company's annualized dividend of $1.33.

As of June 30, 2017, CMS Energy had cash and cash equivalents worth $418 million, while its current assets totaled $2.21 billion and current liabilities came in at $1.28 billion. During H1 2017, CMS Energy generated cash flow from operations of $1.22 billion. The strong financial position indicates the Company's ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

About the Company

CMS Energy is a Michigan-based company that has an electric and natural gas utility, Consumers Energy, as its primary business, and it also owns and operates independent power generation businesses.

Recent Development for CMS Energy

On July 28, 2017, CMS Energy reported net income of $92 million, or $0.33 per share, for the second quarter of 2017 and $291 million, or $1.04 per share, for H1 2017. The Company's EPS for H1 2017, grew 7% on a y-o-y basis on a weather-normalized basis and is ahead of plans. CMS Energy reaffirmed its guidance for 2017 adjusted earnings of $2.14 to $2.18 per share or 6% to 8% annual adjusted earnings per share growth.

During Q2 2017, CMS Energy continued to make significant progress in pursuit of a triple bottom-line of people, planet, and profit. Consumers Energy was ranked the top employer to work for in Michigan by Forbes Magazine. Additionally, construction commenced on phase-II of the Cross Winds Energy Park and the Company announced a new program which enables large businesses to match 100% of their energy use with renewable energy sources.

Stock Performance

At the closing bell, on Monday, July 31, 2017, CMS Energy's stock was slightly down 0.13%, ending the trading session at $46.24. A total volume of 1.94 million shares have exchanged hands, which was higher than the 3-month average volume of 1.83 million shares. The Company's stock price surged 2.41% in the last three months, 9.99% in the past six months, and 2.35% in the previous twelve months. Moreover, the stock rallied 11.10% since the start of the year. The stock is trading at a PE ratio of 22.05 and has a dividend yield of 2.88%. The stock currently has a market cap of $13.13 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily