Welcome to our dedicated page for CMS ENERGY news (Ticker: CMS), a resource for investors and traders seeking the latest updates and insights on CMS ENERGY stock.
CMS Energy Corporation (NYSE: CMS) serves as Michigan's leading energy provider through its Consumers Energy subsidiary, while pioneering renewable energy solutions nationwide. This news hub offers investors and stakeholders timely updates on the company's financial performance, regulatory developments, and clean energy transition.
Access official press releases covering quarterly earnings, dividend declarations, and strategic initiatives like the Clean Energy Plan targeting 90% renewable energy by 2040. Stay informed about grid modernization projects, electric vehicle infrastructure expansion, and regulatory filings affecting Michigan's energy landscape.
Our curated collection includes updates on solar/wind farm developments, natural gas service improvements, and sustainability milestones. Bookmark this page for direct access to CMS Energy's latest:
- Financial results and SEC filings
- Renewable energy project announcements
- Regulatory rate case decisions
- Infrastructure investment updates
Monitor CMS Energy's progress in phasing out coal generation while maintaining reliable power for 6.8 million customers. Check back regularly for neutral, factual reporting on one of America's most progressive energy providers.
Consumers Energy recently released 24 young turtles, rescued during the Mid-Michigan Pipeline Project, back into their natural habitat. The release event involved children of Consumers Energy employees and highlights the company's commitment to sustainable construction practices. The turtles, from eggs of adult females relocated from the pipeline path, were incubated with help from Chelsea-based Herpetological Resource and Management (HRM) and Sea Life Michigan Aquarium. This project is part of Consumers Energy's broader efforts to protect wildlife and manage wetlands, which includes a $550 million pipeline replacement initiative expected to conclude this fall.
Consumers Energy has proposed a new Reliability Roadmap aimed at enhancing the electric grid's resilience and reliability. The plan includes burying 35 miles of power lines, upgrading infrastructure, and implementing grid automation. Additionally, a new wildfire risk mitigation strategy will include prioritized tree trimming and equipment upgrades. This proposal aims to reduce power outages and improve service reliability while supporting union jobs. The company will file the proposal with the Michigan Public Service Commission (MPSC) on Friday.
Consumers Energy celebrated the graduation of seven students from Jackson County Intermediate School District who completed the Project SEARCH program. This initiative helps students with developmental disabilities transition from school to the workplace by providing a year of hands-on training. These students, aged in their late teens, gained valuable work experience through job rotations at the company's various facilities. Angela Thompkins, Vice President of Community Affairs at Consumers Energy, emphasized the program's success and the hope it inspires for other employers to offer similar opportunities. Project SEARCH aims to secure competitive employment for people with disabilities and has been running in partnership with Consumers Energy for six years. The company plans to continue and expand the program, aiming to provide full-time jobs for some participants in the future.
Consumers Energy announced key leadership changes in its IT department. Tamara Faber, Chief Digital Officer, is leaving effective May 31. Her role will be split into two functions: strategy and operations. Jim Beechey is named Vice President, IT and Security, and Chief Information Officer as of Feb. 15. Aaron Rajda will join as Vice President, Applications and Analytics, and Chief Digital Officer on May 20. Beechey will focus on IT strategy, investments, and security, while Rajda will handle digital product delivery and customer experience. Consumers Energy serves 6.8 million residents in Michigan.
Consumers Energy is investing $24 million in smart technology to improve electric reliability, installing nearly 3,000 line sensors and over 100 automatic transfer reclosers. These cutting-edge technologies help prevent power outages, reduce outage size and duration, and have already prevented hundreds of thousands of outages. The company's Reliability Roadmap aims to restore power within 24 hours, serving close to 2 million Michigan homes and businesses.
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, payable on July 15, 2024. The dividend is $0.2625 per depositary share. For more information on CMS Energy's dividend distributions and tax status, visit their website.
Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on its preferred stock. The dividend of $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb) is payable on July 1, 2024, to shareholders of record on June 3, 2024. Consumers Energy is a Michigan-based energy provider, and for more information, visit cmsenergy.com.
The Consumers Energy Foundation awarded $50,000 to winners of the Put Your Town on the Map competition, with three Michigan communities receiving grants to boost economic development. Imlay City won first place with $25,000, Rogers City second with $15,000, and St. Johns third with $10,000. The winning projects include public art displays and community benches, showcasing the importance of funding for small communities.
FAQ
What is the current stock price of CMS ENERGY (CMS)?
What is the market cap of CMS ENERGY (CMS)?
