SmarterDividends

CEG vs CMS-PB: Which Is the Better Dividend Stock?

As of July 2026, CMS-PB (Consumers Energy Company) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. CMS-PB offers the higher yield at 5.95%, CMS-PB has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+61%).

MetricCEGCMS-PB
Forward yield0.68%5.95%
Annual dividend$1.71$4.50
Payout ratio14%
Years of growth3 yr0 yr
5-yr dividend growth0.0%
5-yr total return-32%
Dividend safety score75 (B)89 (A)
Fair value estimate$406.21$71.64
Upside to fair value+61%-5%
Frequencyquarterlyquarterly
Market cap$90.5B
P/E ratio21.97.0

Higher yield

CMS-PB

5.95%

Safer dividend

CMS-PB

Grade A

Faster growth

CMS-PB

0.0%

Better value

CEG

+61% upside

CEG vs CMS-PB — FAQ

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