NEW YORK ( TheStreet) -- The ex-dividend date for CMS Energy Corporation (NYSE: CMS) is tomorrow, August 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $19.24 as of 9:31 a.m. ET, the dividend yield is 4.4%. The average volume for CMS Energy has been 2.3 million shares per day over the past 30 days. CMS Energy has a market cap of $4.8 billion and is part of the utilities sector and utilities industry. Shares are up 4.6% year to date as of the close of trading on Monday. CMS Energy Corporation, through its subsidiaries, operates as an energy company primarily in Michigan. It operates in three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity. The company has a P/E ratio of 12, below the average utilities industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7.
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