Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on its preferred stock. The dividend of $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb) is payable on July 1, 2024, to shareholders of record on June 3, 2024. Consumers Energy is a Michigan-based energy provider, and for more information, visit cmsenergy.com.
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Consumers Energy is set to complete over 2,000 electric projects by the end of 2022, significantly improving the reliability of its power grid. These projects will enhance service for approximately 1 million of the 1.9 million customers served in Michigan. Key initiatives include clearing 7,100 miles of power lines, replacing 10,000 poles, and upgrading nearly 100 substations. This effort is part of a broader $5.4 billion Electric Reliability Plan aimed at minimizing outages and enhancing service resilience, particularly in the face of severe weather events.
Consumers Energy, a subsidiary of CMS Energy, has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock (NYSE: CMS-PB). This dividend will be payable on January 1, 2023, to shareholders of record as of the close of business on December 5, 2022. This announcement reflects the company's ongoing commitment to returning capital to shareholders and highlights its robust financial standing.
The Board of Directors of Consumers Energy, a subsidiary of CMS Energy, has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock (NYSE: CMS-PB). The dividend will be payable on October 1, 2022, to shareholders of record by the end of business on September 6, 2022. This declaration reflects the company's commitment to providing returns to its shareholders while continuing its operations in Michigan's energy sector.