CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

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Rhea-AI Summary

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 January 15, 2022, to shareholders of record by the close of business on January 1, 2022. Based in Michigan, CMS Energy operates primarily through Consumers Energy and also runs independent power generation businesses.

Positive

Declaration of a dividend indicating financial stability.
Dividend amount of $0.2625 per depositary share beneficial for shareholders.

Negative

None.

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News Market Reaction – CMS

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11/12/2021 - 03:30 PM EST

JACKSON, Mich., Nov. 12, 2021 /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 Jan. 15, 2022, to shareholders of record at the close of business on Jan. 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.

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SOURCE CMS Energy

FAQ

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What is the dividend amount declared by CMS Energy?

CMS Energy has declared a dividend of $0.2625 per depositary share.

When is the dividend payment date for CMS Energy?

The dividend is payable on January 15, 2022.

Who are the shareholders eligible for the CMS Energy dividend?

Shareholders of record at the close of business on January 1, 2022, are eligible.

What type of stock does the dividend pertain to for CMS Energy?

The dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C.

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