Looking at the universe of stocks we cover at Dividend Channel, on 2/4/15, CMS Energy Corp (NYSE: CMS), FirstEnergy Corp. (NYSE: FE), and Pfizer Inc (NYSE: PFE) will all trade ex-dividend for their respective upcoming dividends. CMS Energy Corp will pay its quarterly dividend of $0.29 on 2/27/15, FirstEnergy Corp. will pay its quarterly dividend of $0.36 on 3/1/15, and Pfizer Inc will pay its quarterly dividend of $0.28 on 3/3/15.
As a percentage of CMS's recent stock price of $37.60, this dividend works out to approximately 0.77%, so look for shares of CMS Energy Corp to trade 0.77% lower — all else being equal — when CMS shares open for trading on 2/4/15. Similarly, investors should look for FE to open 0.90% lower in price and for PFE to open 0.90% lower, all else being equal.
Below are dividend history charts for CMS, FE, and PFE, showing historical dividends prior to the most recent ones declared.
CMS Energy Corp (NYSE: CMS):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.09% for CMS Energy Corp, 3.59% for FirstEnergy Corp., and 3.58% for Pfizer Inc.
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In Monday trading, CMS Energy Corp shares are currently down about 0.3%, FirstEnergy Corp. shares are off about 0.7%, and Pfizer Inc shares are up about 0.1% on the day.
