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

Rhea-AI Summary

The Board of Directors of 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 is payable on April 1, 2022, to shareholders on record as of March 7, 2022. CMS Energy, based in Michigan, provides energy services and operates independent power generation businesses.

Positive

• Quarterly dividend of $1.125 per share announced.
• Dividend demonstrates company confidence in financial stability.

Negative

• None.

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JACKSON, Mich., Feb. 11, 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 April 1, 2022, to shareholders of record at the close of business on March 7, 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.
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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 Energy's subsidiary, Consumers Energy?

Consumers Energy declared a quarterly dividend of $1.125 per share on its preferred stock.

When is the dividend payment date for CMS Energy?

The dividend payment date is April 1, 2022.

What is the record date for the dividend payment by Consumers Energy?

The record date for the dividend payment is March 7, 2022.

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

The stock symbol for CMS Energy's preferred stock is CMS_pb.