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Expect Smart Dividend Growth from CMS in the Next Few Years

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CMS Energy: Dividend growth

As one of the fastest growing utilities, CMS Energy (CMS) is expected to have impressive dividend growth for the next two years, beating its peers.

As we’ve already seen, CMS is trading at a dividend yield of 2.8%. Analysts expect its dividends to rise nearly 7% over the next couple of years.

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CMS Energy’s peer DTE Energy is expected to have a dividend growth rate of slightly above 5%, in line with the industry average. Scana (SCG) and Pinnacle West Capital (PNW) have dividend growth rates of near 4.5% each for the next two years.

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