CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CMS Energy's Board of Directors has declared a quarterly dividend of $0.2625 per depositary share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. The dividend is payable on October 15, 2024, to shareholders of record as of October 1, 2024. The stock trades under the ticker CMS PRC on the NYSE. CMS Energy, headquartered in Michigan, primarily operates through its Consumers Energy business and also manages independent power generation ventures. Investors can find additional dividend information, including tax status, on the company's website at cmsenergy.com.
Positive
- Regular dividend payment indicates financial stability
- Consistent income for preferred shareholders
Negative
- None.
Details
News Market Reaction – CMS
The recorded move for CMS in the trading session of this news was -0.53%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The following dividend is payable Oct. 15, 2024, to shareholders of record at the close of business on Oct. 1, 2024:
Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website.
CMS Energy (NYSE: CMS) is a
For more information on CMS Energy, please visit our website at cmsenergy.com.
To sign up for email alert notifications, please visit the Investor Relations section of our website.
View original content to download multimedia:https://www.prnewswire.com/news-releases/cms-energy-declares-quarterly-dividend-on-cumulative-redeemable-perpetual-preferred-stock-302218151.html
SOURCE CMS Energy
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.