In Monday trading, CMS Energy Corp shares are currently down about 0.3% on the day.

FORBES: CMS Ex-Dividend Reminder

In particular, we have looked at and avoided shares in Exelon (EXC) and CMS Energy (CMS).

FORBES: Buy Stocks That Pay, And Can Keep Paying

The 10 are Alliant Energy, CMS Energy, Con Edison, Southern Company, DTE Energy, Northeast Utilities, Progress Energy, PPL Corp.

FORBES: Utility Vs. Utility: Grid Battle Threatens Wind Development

The report also cited the strong quarterly dividend history at CMS Energy Corp, and favorable long-term multi-year growth rates in key fundamental data points.

FORBES: CMS Added as Top 10 Utility Dividend Stock With 4.04% Yield

The majority of analysts (72.7%) rate CMS Energy as a buy.

FORBES: Earnings Preview: CMS Energy

Its members include Alliant Energy, Ameren, CMS Energy, Consolidated Edison, DTE Energy, Northwest Utilities, PPL, Progress Energy, Public Service Enterprise Group, SCANA, Southern Company and The United Illuminating Company.

FORBES: No Comprehensive Energy Bill? That's Not Stopping Energy Lobbyists

CMS's Consumers Energy unit has 626 miles of cast- and wrought-iron pipeline in its gas system, or about 2.4 percent of the utility's total distribution system.

WSJ: Report: Michigan a leader in outdated gas lines