Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
Rhea-AI Summary
Consumers Energy, the principal subsidiary of CMS Energy, has announced its quarterly dividend declaration on preferred stock. The Board of Directors has approved a dividend payment of $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb). The dividend will be paid on April 1, 2025, to shareholders of record as of March 3, 2025.
CMS Energy, based in Michigan, operates primarily through Consumers Energy and maintains independent power generation businesses. Shareholders can access additional dividend information, including tax status details, through the Tax Information section of CMS Energy's website.
Positive
- Regular quarterly dividend payment maintained, showing financial stability
- Consistent dividend distribution indicates strong cash flow management
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CMS declined 1.45%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The following dividend is payable April 1, 2025, to shareholders of record at the close of business on March 3, 2025:
Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website.
CMS Energy (NYSE: CMS) is a
For more information on CMS Energy, please visit our website at cmsenergy.com.
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SOURCE CMS Energy