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

Consumers Energy, the principal subsidiary of CMS Energy, has announced its quarterly dividend declaration on preferred stock.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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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.

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Positive

  • Regular quarterly dividend payment maintained, showing financial stability
  • Consistent dividend distribution indicates strong cash flow management

Negative

  • None.
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News Market Reaction – CMS

The recorded move for CMS in the trading session of this news was -1.45%.

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JACKSON, Mich., Feb. 14, 2025 /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, 2025, to shareholders of record at the close of business on March 3, 2025: $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb).

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 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 for CMS Energy's preferred stock in Q1 2025?

CMS Energy's preferred stock (CMS_pb) will pay a quarterly dividend of $1.125 per share for Q1 2025.

When is the payment date for CMS Energy's Q1 2025 preferred stock dividend?

The dividend payment date is April 1, 2025.

What is the record date for CMS Energy's Q1 2025 preferred dividend?

The record date for shareholders to receive the dividend is March 3, 2025.

What is the annual dividend rate for CMS Energy's $4.50 preferred stock?

Based on the quarterly dividend of $1.125, the annual dividend rate for the $4.50 preferred stock is $4.50 per share.

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