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

Rhea-AI Summary

Consumers Energy, the main subsidiary of CMS Energy, announced a quarterly dividend of $1.125 per share on its $4.50 preferred stock (NYSE: CMS_pb). This dividend will be payable on July 1, 2022, to shareholders of record by June 6, 2022. As a major energy provider in Michigan, CMS Energy remains committed to delivering value to its shareholders through consistent dividend payments.

Positive

• Quarterly dividend of $1.125 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• None.

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JACKSON, Mich., May 6, 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 July 1, 2022, to shareholders of record at the close of business on June 6, 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?

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

When is the dividend payment date for CMS Energy?

The dividend is payable on July 1, 2022.

What is the record date to receive the dividend from CMS Energy?

The record date for the dividend is June 6, 2022.

How often does CMS Energy pay dividends?

CMS Energy pays dividends quarterly.

Is the dividend from CMS Energy sustainable?

The sustainability of the dividend can depend on the company's ongoing financial performance.