CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

Rhea-AI Summary

CMS Energy has announced a quarterly dividend declaration for its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. The company will pay $0.2625 per depositary share on January 15, 2025, to shareholders recorded as of January 1, 2025. The dividend applies to the NYSE: CMS PRC shares. CMS Energy, listed on NYSE as CMS, operates primarily through its Consumers Energy business and maintains independent power generation operations in Michigan.

Positive

• Regular dividend payment demonstrates financial stability
• Maintains consistent shareholder returns through preferred stock dividends

Negative

• None.

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JACKSON, Mich., Nov. 8, 2024 /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, 2025, to shareholders of record at the close of business on Jan. 1, 2025: $0.2625 per depositary share (NYSE: CMS PRC).

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 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 CMS Energy

FAQ

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What is the dividend amount for CMS Energy's Series C preferred stock in Q1 2025?

CMS Energy will pay $0.2625 per depositary share for its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C.

When is the dividend payment date for CMS Energy's preferred stock?

The dividend payment date is January 15, 2025, for shareholders of record as of January 1, 2025.

What is the dividend rate for CMS Energy's Series C preferred stock?

The Series C preferred stock carries a 4.200% Cumulative Redeemable Perpetual dividend rate.

What is the trading symbol for CMS Energy's Series C preferred stock?

CMS Energy's Series C preferred stock trades on the NYSE under the symbol CMS PRC.