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

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management dividends

Rhea-AI Summary

The Board of Directors of CMS Energy has announced a quarterly dividend of 48.75 cents per share on its common stock. This dividend is set to be paid on May 31, 2023, to shareholders on record as of May 5, 2023. The company operates primarily through its subsidiary, Consumers Energy, and is based in Michigan. CMS Energy is also engaged in independent power generation.

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Positive

  • Declaration of a quarterly dividend of 48.75 cents per share, providing income for shareholders.
  • Dividend payment reinforces company confidence in financial stability.

Negative

  • None.

News Market Reaction 1 Alert

+0.44% News Effect

On the day this news was published, CMS gained 0.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

JACKSON, Mich., April 21, 2023 /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 48.75 cents per share. It is payable May 31, 2023, to shareholders of record on May 5, 2023.

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.

Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy
Instagram: https://www.instagram.com/consumersenergy 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cms-energys-board-of-directors-declares-quarterly-dividend-on-common-stock-301804392.html

SOURCE CMS Energy

FAQ

What is the CMS dividend amount and payment date?

CMS Energy declared a dividend of 48.75 cents per share, payable on May 31, 2023.

Who is eligible for the CMS dividend?

Shareholders of record on May 5, 2023, are eligible for the dividend.

How often does CMS Energy pay dividends?

CMS Energy typically pays dividends quarterly.

What is the stock symbol for CMS Energy?

The stock symbol for CMS Energy is CMS, and the preferred stock symbol is CMS.PRB.

Can I find more information about CMS Energy?

For more information, visit the CMS Energy website at cmsenergy.com.
CMS ENERGY CORP

NYSE:CMS

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CMS Stock Data

21.29B
302.08M
0.52%
101.02%
4.22%
Utilities - Regulated Electric
Electric & Other Services Combined
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United States
JACKSON