CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
Rhea-AI Summary
On April 22, 2021, CMS Energy's Board of Directors declared a quarterly dividend of 43.50 cents per share on its common stock (CUSIP: 125896100). The dividend is payable on May 28, 2021, to shareholders of record as of May 7, 2021. CMS Energy, based in Michigan, operates primarily through Consumers Energy and also owns independent power generation businesses.
AI-generated analysis. Not financial advice.
Positive
- Quarterly dividend declared at 43.50 cents per share, providing income to shareholders.
- Dividend payment demonstrates the company's confidence in maintaining financial stability.
Negative
- None.
News Market Reaction – CMS
On the day this news was published, CMS declined 0.34%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
JACKSON, Mich., April 22, 2021 /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 43.50 cents per share. It is payable May 28, 2021, to shareholders of record on May 7, 2021.
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