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CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

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(Low)
Rhea-AI Sentiment
(Neutral)
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dividends

Rhea-AI Summary

CMS Energy has declared a quarterly dividend of $0.2625 per depositary share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. This dividend is payable on July 15, 2022, to shareholders of record as of the close of business on July 1, 2022. As a Michigan-based energy provider, CMS Energy continues to support its investors with this dividend declaration, reflecting its commitment to shareholder returns.

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Positive

  • Quarterly dividend of $0.2625 per depositary share announced.
  • Dividend reflects continued support for shareholders.
  • Payment date set for July 15, 2022, indicating timely distribution.

Negative

  • None.

News Market Reaction 1 Alert

+0.40% News Effect

On the day this news was published, CMS gained 0.40%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

JACKSON, Mich., May 6, 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 July 15, 2022, to shareholders of record at the close of business on July 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.
To sign up for email alert notifications, please visit the Investor Relations section of our website.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cms-energy-declares-quarterly-dividend-on-cumulative-redeemable-perpetual-preferred-stock-301541916.html

SOURCE CMS Energy

FAQ

What is the dividend amount for CMS stock?

The declared dividend is $0.2625 per depositary share.

When is the CMS dividend payment date?

The dividend is payable on July 15, 2022.

What is the record date for the CMS dividend?

The record date for the dividend is July 1, 2022.

How often does CMS Energy declare dividends?

CMS Energy typically declares dividends quarterly.
CMS ENERGY CORP

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21.23B
302.08M
0.52%
101.02%
4.22%
Utilities - Regulated Electric
Electric & Other Services Combined
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United States
JACKSON