CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

Rhea-AI Summary

CMS Energy's Board of Directors has declared a quarterly dividend of $0.2625 per depositary share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. The dividend is payable on October 15, 2024, to shareholders of record as of October 1, 2024. The stock trades under the ticker CMS PRC on the NYSE. CMS Energy, headquartered in Michigan, primarily operates through its Consumers Energy business and also manages independent power generation ventures. Investors can find additional dividend information, including tax status, on the company's website at cmsenergy.com.

Positive

• Regular dividend payment indicates financial stability
• Consistent income for preferred shareholders

Negative

• None.

JACKSON, Mich., Aug. 8, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation.

The following dividend is payable Oct. 15, 2024, to shareholders of record at the close of business on Oct. 1, 2024: $0.2625 per depositary share (NYSE: CMS PRC).

Additional dividend information, including the tax status of CMS 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

What is the dividend amount for CMS Energy's Series C Preferred Stock?

CMS Energy has declared a quarterly dividend of $0.2625 per depositary share for its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C.

When is the dividend payable for CMS Energy's preferred stock (CMS PRC)?

The dividend is payable on October 15, 2024, to shareholders of record as of October 1, 2024.

How often does CMS Energy pay dividends on its preferred stock?

Based on the press release, CMS Energy pays dividends on its preferred stock quarterly.

Where can investors find more information about CMS Energy's dividends?

Investors can find additional dividend information, including tax status, in the Tax Information section of CMS Energy's website at cmsenergy.com.