CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

Rhea-AI Summary

The Board of Directors of CMS Energy has declared a dividend of $0.2625 per depositary share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. This dividend is payable on October 15, 2022, to shareholders of record by October 1, 2022. CMS Energy, primarily operating through Consumers Energy, is based in Michigan and also holds independent power generation operations. This dividend signifies the company's commitment to returning value to its shareholders.

Positive

• Quarterly dividend declared at $0.2625 per depositary share.
• Dividend payment date of October 15, 2022.
• Commitment to returning value to shareholders.

Negative

• None.

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JACKSON, Mich., Aug. 5, 2022 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation.

The following dividend is payable Oct. 15, 2022, to shareholders of record at the close of business on Oct. 1, 2022: $0.2625 per depositary share.

CMS Energy (NYSE: CMS) is a Michigan-based energy provider featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.

For more information on CMS Energy, please visit our website at cmsenergy.com.
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SOURCE Consumers Energy

FAQ

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What is the CMS Energy dividend amount?

The declared dividend is $0.2625 per depositary share.

When will CMS Energy pay the dividend?

The dividend will be payable on October 15, 2022.

Who is eligible for the CMS Energy dividend?

Shareholders of record as of October 1, 2022, are eligible for the dividend.

What type of stock is the dividend declared on?

The dividend is declared on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C.