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CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock

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dividends

Rhea-AI Summary

The Board of Directors of CMS Energy has announced a quarterly dividend of 46 cents per share on its common stock, CUSIP: 125896100. This dividend will be payable on May 31, 2022, to shareholders of record as of May 6, 2022. CMS Energy, based in Michigan, operates primarily through Consumers Energy and also runs independent power generation businesses.

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Positive

  • Quarterly dividend declared at 46 cents per share.
  • Dividend payment scheduled for May 31, 2022, showing company commitment to shareholders.

Negative

  • None.

News Market Reaction – CMS

-1.48%
-1.48% Session move

In the trading session that priced this news, CMS declined 1.48%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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JACKSON, Mich., April 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 May 31, 2022 to shareholders of record on May 6, 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. 
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-energys-board-of-directors-declares-quarterly-dividend-on-common-stock-301531070.html

SOURCE CMS Energy

FAQ

What is the dividend amount declared by CMS for May 2022?

CMS has declared a quarterly dividend of 46 cents per share.

When will the dividend be paid to CMS shareholders?

The dividend will be paid on May 31, 2022.

What is the record date for the CMS dividend payment?

The record date for the dividend payment is May 6, 2022.

How does the CMS dividend reflect the company's financial health?

The declaration of a dividend indicates confidence in ongoing revenue generation and cash flow.