CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
Rhea-AI Summary
The Board of Directors of CMS Energy has declared a quarterly dividend of 46 cents per share on its common stock. This dividend is payable on August 31, 2022, to shareholders of record on August 5, 2022. CMS Energy, based in Michigan, primarily operates through Consumers Energy and has interests in independent power generation businesses.
Positive
- Quarterly dividend of 46 cents per share benefits shareholders.
- Demonstrates company confidence in financial stability.
Negative
- None.
News Market Reaction – CMS
In the trading session that priced this news, CMS gained 1.97%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JACKSON, Mich., July 22, 2022 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
The dividend for the common stock (CUSIP: 125896100) is 46 cents per share. It is payable Aug. 31, 2022, to shareholders of record on Aug. 5, 2022.
CMS Energy (NYSE: CMS) is a Michigan-based energy company 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