STOCK TITAN

CMS Energy Announces Fourth Quarter Return of Capital Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

CMS Energy has disclosed the tax status of its 2020 common stock dividends. The dividends, amounting to $0.4075 per share, were paid on various dates throughout the year, including February 28, May 29, August 31, and November 30, 2020. Notably, there was no return of capital percentage reported for these dividends, indicating they are ordinary and qualified dividends. Shareholders are advised to consult their tax advisors for specifics regarding tax treatment. For further dividend details, investors can visit CMS Energy's website.

Positive
  • Consistent dividend payment of $0.4075 per share across all quarters in 2020.
  • No return of capital percentage, indicating all dividends are considered qualified.
Negative
  • None.

JACKSON, Mich., Feb. 9, 2021 /PRNewswire/ -- CMS Energy announced today the calculation of the tax status of its 2020 common stock dividends.

The following is an allocation of the 2020 common stock (CUSIP #125896100) dividends for United States federal income tax purposes:

Record Date

Paid Date

Divdend per
share

Ordinary
Dividend

Qualified
Dividend

Total Capital
Gain
Dividend

Unrecaptured
Sec. 1250 Gain
Dividend

Non Dividend
Distribution

Return of
Capital
Percentage










February 7, 2020

February 28, 2020

0.4075

0.4075

0.4075

0.000

0.000

0.000

0%

May 15, 2020

May 29, 2020

0.4075

0.4075

0.4075

0.000

0.000

0.000

0%

August 7, 2020

August 31, 2020

0.4075

0.4075

0.4075

0.000

0.000

0.000

0%

November 6, 2020

November 30, 2020

0.4075

0.000

0.000

0.000

0.000

0.4075

100%

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment related to CMS common stock dividends.

Additional dividend information can be obtained through the Investor Relations section of CMS Energy's website, www.cmsenergy.com.

CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric and natural gas utility, 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.

To sign up for email alert notifications, please visit the Investor Relations section of our website.

Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy 
Instagram: https://www.instagram.com/consumersenergy

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cms-energy-announces-fourth-quarter-return-of-capital-dividend-301225124.html

SOURCE CMS Energy

FAQ

What is the dividend amount for CMS Energy in 2020?

CMS Energy declared a dividend of $0.4075 per share for 2020.

When were the dividends paid for CMS Energy in 2020?

Dividends were paid on February 28, May 29, August 31, and November 30, 2020.

What is the tax status of CMS Energy's 2020 dividends?

The dividends are classified as ordinary dividends and qualified dividends with no return of capital.

How can I get more information about CMS Energy dividends?

Additional information can be found on the Investor Relations section of CMS Energy's website.

CMS Energy Corporation

NYSE:CMS

CMS Rankings

CMS Latest News

CMS Stock Data

19.96B
296.49M
0.49%
97.76%
2.68%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
JACKSON