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CMS-P-B

CMS ENERGY CORP · Series B · Electric & Other Services Combined
Also quoted as: CMS-B, CMSprB, CMS.PRB, CMS-PB, CMSpB
$77.43
last price

About this security

CMS-P-B is a 4.5% cumulative perpetual preferred stock issued by CMS ENERGY CORP, a Electric & Other Services Combined issuer. $100 liquidation preference, current yield 5.81%.

CMS ENERGY CORP: CMS Energy is a Michigan-based energy holding company formed in 1987, operating primarily through its principal subsidiary, Consumers Energy, an electric and gas utility that has served Michigan customers since 1886. The company runs three main business segments — electric utility, gas utility, and NorthStar Clean Energy — with Consumers Energy accounting for the substantial majority of total assets, income, and operating revenue. NorthStar Clean Energy focuses on domestic independent power production, including renewable generation development and operation. CMS Energy reported consolidated operating revenue of $8.5 billion in 2025, making it one of Michigan's largest and most established energy providers.

Issuer page — all CMS ENERGY CORP securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 19:22:58 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
5.81%
Annual Dividend
$4.5000
Recent Market Price
$77.43
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-06-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
4.500%
Call Date
redeemable (date n/a)
Yield to Call
n/a — callable, date n/a
Yield to Worst
5.81%
Liq. Preference
$100.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Shares Offered (original)
10,000,000
Issued
2001-02-28
Series
B
Alt. Symbology
CMS-B, CMSprB, CMS.PRB, CMS-PB, CMSpB

vs. Electric & Other Services Combined category (16 issues): yield 5.81% vs avg 6.52% · discount -22.6% vs avg -19.6%

Quote

 CMS-P-B (preferred)CMS (common)
Last $77.43 $73.57
Change
Open$77.43$73.16
High / Low $77.43 / $77.43 $73.71 / $72.96
Prev Close
Volume3102,482,435
52-Week High / Low $84.50 / $73.50 $80.36 / $68.37

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

CMS-P-B CMS (common)

Dividend History

Ex-DateAmount / Share
2026-06-01$1.125000
2026-03-02$1.125000
2025-12-01$1.125000
2025-09-02$1.125000
2025-06-02$1.125000
2025-03-03$1.125000
2024-12-02$1.125000
2024-09-03$1.125000
2024-06-03$1.125000
2024-03-01$1.125000
2023-12-01$1.125000
2023-09-01$1.125000

Performance — $10K Calculator

See what an investment in CMS-P-B would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for CMS-P-B →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

Other Securities from CMS ENERGY CORP

SymbolTypeCouponPriceYield
CMS-P-C preferred 4.200% 17.02 6.17%
CMSA baby bond 5.625% 21.16 6.65%
CMSC baby bond 5.875% 22.34 6.57%
CMSD baby bond 5.875% 22.32 6.58%

News — CMS ENERGY CORP

Issuer news via Tiingo, tagged to CMS.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
Finding your way around
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