CMS Energy (CMS) will raise its dividend by almost six percent to $0.27 quarterly. Last year CMS Energy raised its dividend by 6.3 percent.

CMS Energy is a Michigan-based company that has an electric and natural gas utility, Consumers Energy, as its primary business and also owns and operates independent power generation businesses. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, metal, and food products industries, as well as a group of other industries.