CMS Energy Announces Partial Return of Capital Tax Treatment on Common Stock Dividends
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Rhea-AI Summary
CMS Energy, located in Michigan, announced the tax status of its 2022 common stock dividends on January 13, 2023. The dividends are allocated for U.S. federal income tax purposes, with a per-share dividend of $0.4600 for four payment dates. The record dates spanned from February 11, 2022, to November 4, 2022, with payment amounts varying between ordinary and capital gains. Notably, 59% of the dividends are classified as a return of capital. Shareholders are advised to consult tax advisors regarding their specific tax implications. For further details, visit www.cmsenergy.com.
Positive
- Dividends were issued consistently across multiple dates, indicating financial stability.
- 59% of dividends classified as a return of capital could enhance shareholder value.
Negative
- None.
Details
News Market Reaction – CMS
The recorded move for CMS in the trading session of this news was -0.65%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The following is an allocation of the 2022 common stock (CUSIP #125896100) dividends for
Record Date | Paid Date | Dividend per | Ordinary | Qualified | Total Capital | Unrecaptured | Non Dividend | Return of |
0.4600 | 0.4324 | 0.0000 | 0.000 | 0.000 | 0.0276 | 6 % | ||
0.4600 | 0.1886 | 0.0000 | 0.000 | 0.000 | 0.2714 | 59 % | ||
0.4600 | 0.1886 | 0.0000 | 0.000 | 0.000 | 0.2714 | 59 % | ||
0.4600 | 0.1886 | 0.0000 | 0.000 | 0.000 | 0.2714 | 59 % |
Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment related to CMS common stock dividends.
Additional dividend information can be obtained through the Investor Relations section of
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