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 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.
News Market Reaction – CMS
In the trading session that priced this news, CMS declined 0.03%, 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.
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.
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SOURCE CMS Energy