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

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Rhea-AI Summary

The Board of Directors of CMS Energy has declared a quarterly dividend of 40.75 cents per share on its common stock. This dividend is payable on Nov. 30, 2020, to shareholders on record as of Nov. 6, 2020. CMS Energy, which operates mainly through its utility subsidiary, Consumers Energy, continues to demonstrate its commitment to returning value to shareholders.

Positive

Declaration of a quarterly dividend of 40.75 cents per share.
Dividend payable on November 30, 2020, ensuring timely returns for investors.

Negative

None.

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News Market Reaction – CMS

The recorded move for CMS in the trading session of this news was -0.03%.

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10/15/2020 - 03:00 PM EDT

JACKSON, Mich., Oct. 15, 2020 /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 40.75 cents per share. It is payable Nov. 30, 2020, to shareholders of record on Nov. 6, 2020.

CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric and natural gas utility, 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
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SOURCE CMS Energy

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by CMS on October 15, 2020?

CMS declared a dividend of 40.75 cents per share.

When is the dividend payment date for CMS Energy?

The dividend is payable on November 30, 2020.

Who qualifies for the CMS dividend announced on October 15, 2020?

Shareholders recorded on November 6, 2020, qualify for the dividend.

How often does CMS Energy declare dividends?

CMS Energy typically declares dividends quarterly.

What is the significance of the CMS Energy dividend for investors?

The dividend reflects CMS Energy's commitment to returning value to its shareholders.

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