2024-04-06 07:00:00 ET
Summary
- CMS Energy is Michigan's leading electric and gas utility.
- The company's non-GAAP diluted EPS has grown steadily at a high-single digit rate annually, which should persist.
- CMS Energy enjoys a BBB+ credit rating from S&P on a stable outlook.
- Shares could be priced at a 17% discount to fair value.
- The electric and gas utility could be poised to deliver decent total returns in the years ahead.
As a dividend growth investor, I'm always open to examining companies that I believe fit my quality standards and could continue to be great dividend growers....
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CMS Energy: A Compelling Income And Growth Proposition Right Now