Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock

Consumers Energy, a subsidiary of CMS Energy, has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock (NYSE: CMS-PB).

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Rhea-AI Summary

Consumers Energy, a subsidiary of CMS Energy, has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock (NYSE: CMS-PB). This dividend will be payable on January 1, 2023, to shareholders of record as of the close of business on December 5, 2022. This announcement reflects the company's ongoing commitment to returning capital to shareholders and highlights its robust financial standing.

Positive

$1.125 quarterly dividend per share demonstrates strong financial health.
Commitment to returning capital to shareholders.

Negative

None.

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11/14/2022 - 11:00 AM EST

JACKSON, Mich., Nov. 14, 2022 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the utility's preferred stock.

The following dividend is payable Jan. 1, 2023, to shareholders of record at the close of business on Dec. 5, 2022: $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb).

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. To sign up for email alert notifications, please visit the Investor Relations section of our website.

View original content to download multimedia:https://www.prnewswire.com/news-releases/consumers-energy-the-principal-subsidiary-of-cms-energy-declares-quarterly-dividend-on-preferred-stock-301677074.html

SOURCE Consumers Energy

FAQ

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

What is the dividend amount declared by CMS Energy?

CMS Energy has declared a dividend of $1.125 per share.

When is the dividend payable for CMS Energy's preferred stock?

The dividend is payable on January 1, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is December 5, 2022.

What is the stock symbol of CMS Energy's preferred stock?

The stock symbol for CMS Energy's preferred stock is CMS-PB.

Where can I find more information about CMS Energy?

More information about CMS Energy can be found on their website at cmsenergy.com.

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